Structural defect Sample Clauses

Structural defect. If the stated defect is a structural defect in the foundation, footings, roof construction, sheathing (excluding flashing and coverings), or load-bearing walls that affects the structural integrity of any improvements, Buyer must have a licensed structural engineer report, and provide the Seller a copy of report. Xxxxx, at Xxxxx’s option and expense, is responsible for re- inspection of the remediation and proof of re-inspection by the same inspector(s) as previously used or by similarly qualified inspector(s). Xxxxx, at Xxxxx’s sole discretion, may accept the plan of remediation,terminate this Contract, or allow the Seller to escrow one and one half (1 ½) times the amount of the bidor written estimate, as determined by the Buyer, of such structural repair(s) at Closing. In the event either Seller or Buyer elects to terminate the Contract due to a structural defect as provided herein, the non-terminating Party shall be obligated to sign the document terminating this Contract, and the Xxxxxxx Money shall be refunded to Buyer. For Termination Procedure see Paragraph 37.
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Structural defect. If the Buyer has purchased from the Seller multiple Subjects of Purchase of the same specification and if at least 10% of them (but at least two pieces) in each calendar year have the same defect, all supplied Subjects of Purchase of the given specification shall be considered defective. The rights from such defective performance shall not expire sooner than by the expiry of the 10-year period starting by the date of take-over of the Subject of Purchase by the Buyer.
Structural defect. Cracking of a building element is a structural defect where in the opinion of the inspector the present or expected consequence of the cracking is that the structural performance of the building element is impaired, or where the cracking is the result of the structural behaviour of the building. The criteria for determining whether cracking is a structural defect are not solely related to crack width. Cracks 0.1mm wide may be a structural defect while cracks 5.0mm wide may not be structural defects. Cracking in a structural element does not necessarily indicate a structural defect. APPENDIX B STRATA AND COMPANY TITLE PROPERTY INSPECTION (Informa4ve)
Structural defect. 8 Section 1.94. Subsequent Closing....................................8 Section 1.95. Subsequent Purchase Price.............................8 Section 1.96. Subsequent Purchases..................................8 Section 1.97. Subsidiaries..........................................8 Section 1.98. Tax...................................................8
Structural defect. Promoter Sole/ First Purchaser Second Purchaser
Structural defect a surface or internal defect impairing the structural capacity or durability of the concrete element.

Related to Structural defect

  • Correction of Defects 35.1 The Engineer shall give notice to the Contractor of any Defects before the end of the Defects Liability Period, which begins at Completion and is defined in the Contract Data. The Defects Liability Period shall be extended for as long as Defects remain to be corrected.

  • Environmental Condition Except as set forth on Schedule 5.12 to the Information Certificate, (a) to each Loan Party’s knowledge, no properties or assets of any Loan Party or any of its Subsidiaries have ever been used by a Loan Party, its Subsidiaries, or by previous owners or operators in the disposal of, or to produce, store, handle, treat, release, or transport, any Hazardous Materials, where such disposal, production, storage, handling, treatment, release or transport was in violation, in any material respect, of any applicable Environmental Law, (b) to each Loan Party’s knowledge, after due inquiry, no Loan Party’s nor any of its Subsidiaries’ properties or assets have ever been designated or identified in any manner pursuant to any environmental protection statute as a Hazardous Materials disposal site, (c) no Loan Party nor any of its Subsidiaries has received notice that a Lien arising under any Environmental Law has attached to any revenues or to any Real Property owned or operated by a Loan Party or its Subsidiaries, and (d) no Loan Party nor any of its Subsidiaries nor any of their respective facilities or operations is subject to any outstanding written order, consent decree, or settlement agreement with any Person relating to any Environmental Law or Environmental Liability that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Change.

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