English Language WordTools.ai BETA

Phrases with «collateral warranties»

"Collateral warranties" refer to legal agreements that provide protection and assurance to third parties in addition to the main contract. These warranties are typically given by contractors, consultants, or suppliers to reassure other parties involved in a project that they will fulfill their obligations and be accountable for any potential problems or defects. They act as a form of insurance or extra guarantee to ensure the project runs smoothly and to safeguard against any financial or legal risks. Full definition

Sentences with «collateral warranties»

  • We regularly advise on the insurance elements of building contracts, letters of intent, professional team appointments, surety documentation and collateral warranties for employers, contractors, subcontractors and professionals. (hughjames.com)
  • The secondment entailed exposure to both contentious work (primarily handling the defence of professional liability disputes) and non-contentious work (reviewing and advising on contracts, including all major standard forms of appointment, as well as collateral warranties, parent company guarantees, non-disclosure agreements and other project documents). (beale-law.com)
  • Appointment and Collateral Warranty contacts, if signed as deeds can extend the time that Run off insurance needs to be held after the closure of the practice, many of these contract stipulate in contract what the professional's obligations with regard to coverage and periods. (runoffpi.com)
  • (see all sentences)

See also

a b c d e f g h i j k l m n o p q r s t u v w x y z