Building Defects Sample Clauses

Building Defects. The mechanical, electrical, plumbing, HVAC and other systems servicing the Property are in good working order and repair, ordinary wear and tear excepted, and there are no defects in such systems which could be expected to materially impair or impact the conduct of the business in the ordinary course immediately following the Closing.

Building Defects. The cost of correcting defects in the construction of the Building or in the Building equipment, except that conditions (not occasioned by construction defects) resulting from ordinary wear and tear will not be deemed defects for the purpose of this category; the cost of repair or replacement for any item covered by a warranty;

Building Defects. Any costs incurred in connection with the original design or construction of the Project or any major changes to same, including but not limited to, additions or deletions of floors, renovations of the common areas (except as otherwise expressly permitted under this Lease), correction of defects in design and/or construction of the Project including defective equipment;

Building Defects. Any costs incurred in connection with the original design, construction, landscaping and clean-up of the Building/Project or any major changes to same, including but not limited to, additions or deletions of floors, renovations of the common areas (except as otherwise expressly permitted under this BOCA), correction of defects in design and/or construction of the Building/Project including defective equipment, replacement of major components which have reached the and of their useful life irrespective of whether the replacement may result in reducing the Total Costs, and the repair of damage to the Building/Project in connection with any type of casualty, event of damage or destruction or condemnation;

Building Defects. Any costs incurred in connection with defects in or to the design and construction of the Building or replacement of defective equipment (to the extent identified during the one (1) year period following the issuance of the certificate of occupancy with respect to the Building) and any correction of such defects in design and/or construction of the Building or replacement of such defective equipment.

Building Defects. The Improvements, including, but not limited to, the foundation, roof, walls, superstructure, plumbing, air-conditioning, heating, and mechanical equipment, electrical wiring, boilers, hot water heaters, etc., are structurally sound, do not have material defects, latent or patent, which would render the Premises unfit for use as a first class retail facility, are in good working order and are in a state of good repair. In the event that medical deficiencies or defects to any of the above are discovered by Buyer during the Inspection Period, Seller shall, prior to Closing, have repairs made which are necessary to correct the same.

Building Defects. So far as Seller is aware, there is no physical defect in any building on any of the Property owned by the Wholly Owned Companies listed in Schedule 8.2.E.I.i, which - if left unremedied through the 1999-2000 Seller fiscal year - would have a material adverse effect on the current running of the Operations and the correction of which would require unbudgeted expenditure under the relevant Wholly Owned Company's 1999-2000 budget in excess of EURO 100,000 per building.