Building Warranty Clause Samples

A Building Warranty clause establishes the obligations of the builder or contractor to guarantee the quality and durability of the construction work for a specified period after completion. Typically, this clause outlines what defects or issues are covered, the duration of the warranty (such as one or two years), and the process for making claims if problems arise. Its core practical function is to protect the property owner by ensuring that any construction defects discovered within the warranty period are repaired at the builder’s expense, thereby allocating risk and promoting accountability in construction projects.
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Building Warranty. Notwithstanding anything to the contrary contained in this Lease, Landlord, at Landlord's sole cost shall warrant that the roof, existing equipment and HVAC systems, windows and seals, structural components, and all mechanical, electrical and plumbing systems at the Premises and the Project are in good working and waterproof condition. Landlord, at Landlord's sole cost, shall deliver the Premises and Project in a condition that meets with all current codes and conditions and the American's with Disabilities Act. Any such costs for Landlord to comply with this paragraph shall be bid separately by ▇▇▇▇▇▇'s contractor, at ▇▇▇▇▇▇▇▇'s option to use such contractor, and Landlord shall reimburse Tenant for that portion of the work ten (10) working days following receipt of proof of payment by ▇▇▇▇▇▇.
Building Warranty. Pursuant to Paragraphs 6.3 and 7.2 of the Lease, Lessor and Lessee hereby acknowledge that the Building has been newly reconstructed, and is covered under a one year contractor's warranty, as required by the laws of the State of California. Certain portions of the building (e.g. roof and HVAC equipment) have warranties extending beyond said one year period. Lessor hereby agrees to extend any and all building warranties to Lessee, and Lessee shall receive any and all benefits therefrom. Lessee hereby agrees to do nothing knowingly which would compromise said warranties (e.g. make penetrations in the roof without contracting the roof contractor who has provided the roof warranty). Should said warranties become null and void due to Lessee's actions, Lessee shall be responsible for any and all costs related thereto.
Building Warranty. The sellers will obtain the approval of the Shipyard of an assignment of warranties to the Buyers under Article IX of
Building Warranty. Pursuant to the Lease.
Building Warranty. Landlord represents to Tenant that, as of the Commencement Date, the Shell Improvements and the Tenant Improvements will be free from material defect, except to the extent any defects therein exist as a result of any negligence or willful misconduct of Tenant or Tenant’s agents, employees, contractors, subcontractors, or licensees. However, if Tenant does not deliver written notice to Landlord of any breach of the representation set forth in this Section 2.8 within one (1) year following the Commencement Date, then Tenant will be deemed to have inspected and accepted the same in their present condition, and the correction of any subsequently discovered defects will be the obligation of the applicable party pursuant to the other provisions of this Lease (and the cost thereof will be governed by the other provisions of this Lease). If a breach of the foregoing representation exists, and Tenant timely (i.e., within one (1) year following the Commencement Date) delivers written notice to Landlord setting forth in reasonable detail a description of such breach, Landlord will, as Tenant’s sole and exclusive remedy, rectify the same at Landlord’s expense within a reasonable period of time following Landlord’s receipt of notice of the applicable defect.
Building Warranty. Sublessor shall deliver the Premises to Sublessee with all HVAC, electrical lighting and plumbing serving the Premises in good working order on the Commencement Date, but Sublessee is otherwise accepting the Premises as-is.
Building Warranty. Landlord shall deliver the operating systems of the building in good working order upon Lease Commencement and warranty for the initial ninety (90) days of the Lease Term.
Building Warranty. For the first twelve (12) months of the lease term, Landlord shall warrant that the premises, the roof, windows and seals, mechanical items, and underground electrical and plumbing systems are in good condition. In addition, Landlord shall provide workmanship warranty documentation pertaining to the roof and exterior walls to Tenant, and said warranties shall be transferable.

Related to Building Warranty

  • Building Systems “Building Systems” shall mean all structural elements and components, mechanical equipment, plumbing systems, electrical systems and life safety systems and fixtures incorporated in the Improvements, including, without limitation, HVAC, elevator, electrical, plumbing, utility, fire and life safety and swimming pool.

  • Building With respect to each parcel of Real Estate, all of the buildings, structures and improvements now or hereafter located thereon. Business Day. Any day on which banking institutions located in the same city and State as the Agent’s Head Office are located are open for the transaction of banking business and, in the case of LIBOR Rate Loans, which also is a LIBOR Business Day.

  • LANDLORD'S ACCESS TO PREMISES Landlord reserves and shall at any time upon reasonable notice and in compliance with Tenant’s reasonable security measures have the right to enter the Premises to inspect the same, to supply any service to be provided by Landlord to Tenant hereunder to service and repair HVAC units, water pipes and sprinkler mains, and electrical and telephone risers servicing other parts of the Building, to show said Premises to prospective purchasers or tenants, to alter or repair the Premises or any portion of the Building, and to place “for sale” or “for rent” signs on the Building, all without being deemed guilty of an eviction of Tenant and without abatement of Rent, provided that the business of Tenant shall be interfered with as little as is reasonably practicable. Tenant hereby waives any claim for damages or any inconvenience to or interference with Tenant’s business, any loss of quiet enjoyment of the Premises and any other loss occasioned thereby. For each of the aforesaid purposes, Landlord shall at all times have and retain a key with which to unlock the main door to the Premises but not Tenant’s vaults and safes, and Landlord shall have the right to use any and all means which Landlord may deem proper to open said door in an emergency in order to obtain entry to the Premises, and any entry to the Premises obtained by Landlord by any of said means shall not under any circumstances be construed or deemed to be a forcible or unlawful entry into, or a detainer of the Premises, or any eviction of Tenant from the Premises or any portion thereof. No provision of this Lease shall be construed as obligating Landlord to perform any repairs, alterations or decoration except as otherwise expressly agreed to be performed by Landlord.

  • DAMAGE OR DESTRUCTION OF PREMISES a. In the event the Premises are damaged by fire or other perils or casualty covered by fire and extended coverage insurance, Landlord may, in its sole and absolute discretion, repair or rebuild the same within a reasonable time after the event causing such damage. This Lease shall remain in full force and effect, except that Tenant shall be entitled to a proportionate reduction of the rent from the date of damage and while such repairs are being made, such proportionate reduction to be based upon the extent to which the damage and making of such repairs shall reasonably interfere with the business carried on by Tenant in the Premises as determined by Landlord. If the damage is due to the fault or neglect of Tenant or its employees, as determined by Landlord in its sole discretion, there shall be no reduction of rent. Landlord may authorize or direct construction of an alternative structure or may elect to retain any insurance proceeds received by it if Landlord deems reconstruction or construction of an alternative structure to be impractical or unreasonable in its sole discretion. b. In the event the Premises are damaged to any extent as a result of any cause other than the perils covered by fire and extended coverage insurance, Landlord shall in its sole discretion have the option to: (1.) to repair, reconstruct or restore the Premises within a reasonable time of the event causing the damage, in which case this Lease shall continue in full force and effect, but the rent shall be proportionately reduced as provided above in 11a. during the period of such repair, reconstruction or restoration, or (2.) to give notice to Tenant at any time within sixty (60) days after such damage occurs, terminating this Lease as of the date specified in such notice, which date shall be no more than thirty (30) days after the giving of such notice. In the event of giving to Tenant such notice of termination, this Lease shall terminate and all interests of Tenant in the Premises shall cease on the date so specified in such notice and Tenant shall pay the rent, as proportionately reduced, based upon the extent, if any, to which such damage interfered with the business carried on by Tenant in the Premises, up to the date of such termination. c. With regard to Landlord’s duty or option to repair, reconstruct or restore the Premises within a reasonable time of the event causing the damage as provided in 11a. and b. above, Landlord shall act promptly and with due diligence, but Landlord shall not be responsible for delays caused by factors beyond Landlord’s control, including but not limited to delays because of strikes, work slowdowns or stoppages, accidents, acts of God, failure of any governmental or other authority to act in a timely manner, or delays caused by contractors. If such delays occur, Tenant agrees that Landlord shall not be responsible for damages, nor shall Landlord be deemed to be in default under this Lease. d. Landlord shall not be required to repair any damage by fire or other casualty, or to make any repair or replacements of any leasehold improvements, fixtures, or other personal property of Tenant.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.