Warranted definition
Examples of Warranted in a sentence
If at any time any of the Warranted Assets is achieving less than 70% (or such other percentage as may be specified in the Call Off Contract) of relevant Anticipated Savings, the Buyer may remove, procure the removal of, or instruct the Supplier to remove the relevant Warranted Asset from the Premises and replace with an equivalent asset with an equivalent or lower level of Utilities consumption, in any case at the cost of the Supplier.
The Supplier shall warrant to the Buyer that all Warranted Assets, installed by or on behalf of the Supplier under the Call Off Contract, will until the Final Payback End Date, or the end of the warranted period for the relevant Warranted Asset (whichever is the later) be fit for purpose and will operate (subject to proper maintenance in accordance with manufacturers’ recommendations) as intended.