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Common use of Correction of Material Defects Clause in Contracts

Correction of Material Defects. As of the applicable Closing Date, Additional Seller shall assign to Buyer all subcontractors', suppliers' and manufacturers' warranties and guaranties.

Appears in 2 contracts

Sources: Agreement of Purchase and Sale (Arden Realty Inc), Agreement of Purchase and Sale (Arden Realty Inc)

Related Clauses

  • Correction of Defects
  • Review of Materials
  • Latent Defects
  • Removal of Materials
  • Quality of Materials and workmanship

Parent Clauses

  • Technology Access and Support
  • Training, Assistance and Technical Support
  • EXCLUSION OF DAMAGES
  • CONSTRUCTION OF IMPROVEMENTS ON ADDITIONAL PROPERTIES
  • Vendors and Vendor Contracts

Sub-Clauses

  • Return of Funds
  • Avoidance of Delays
  • Disputed Costs for Project Improvements
  • General Terms and Conventions
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