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Warranties and Covenants
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The creditor agrees to release additional funds upon the completion of each project milestone.
Covenant; it is a promise related to funding conditional on project progress.
Tenant agrees to pay rent on the first day of each month.
Covenant; it is an agreement to undertake a specific action (payment of rent).
The software comes with a warranty that it is free from known viruses at the time of delivery.
Warranty; it affirms that the software is clean from viruses upon delivery.
The seller shall provide maintenance services for the first six months after purchase.
Covenant; it's a promise to perform certain actions.
The vehicle is warranted to have passed all applicable emissions tests at the time of sale.
Warranty; it ensures compliance with emissions standards at a particular time.
The subcontractor agrees to follow all safety protocols as outlined in the agreement.
Covenant; it is a promise to act in accordance with specified procedures.
The landlord covenants to repair and maintain the structural elements of the building.
Covenant; it's a promise to take care of certain aspects of property maintenance.
The lessee shall not engage in any illegal activities on the leased premises.
Covenant; it is a binding promise dictating behavior or use of property.
The product will be free from defects in materials and workmanship for one year from the date of purchase.
Warranty; it guarantees the quality and functionality of the product.
The goods purchased will match their description on the packaging.
Warranty; it guarantees that the actual goods correspond with the stated description.
The home appliance is warranted to function as advertised for three years under normal use conditions.
Warranty; it guarantees that the appliance will work as promoted when used properly for a designated period.
This software comes with a warranty that it will perform according to the accompanying documentation.
Warranty; it's a guarantee regarding the performance of software as described.
The borrower covenants to provide yearly financial statements to the lender.
Covenant; it is a promise to perform the act of submitting financial statements.
All products must meet the industry standards for safety as of the date of manufacture.
Warranty; it's a guarantee that the goods conform to certain standards.
The borrower covenants not to take on additional debt without the lender's prior consent.
Covenant; it is a promise to refrain from a specific financial activity without approval.
The roofing is warranted to be leak-free for at least ten years.
Warranty; it ensures the durability and integrity of the roofing over a certain period.
The house sold is guaranteed to have a clear title, free of liens or encumbrances.
Warranty; it assures the buyer of the legal status of the property.
The seller shall not sell any products that directly compete with the buyer's business for a period of five years.
Covenant; it is a promise limiting the seller's future business activities to protect the interests of the buyer.
The service provider agrees to respond to any customer service inquiries within 24 hours.
Covenant; it is a promise regarding the timeliness of customer service.
Employees must disclose any conflicts of interest that may arise during their employment.
Covenant; it requires employees to declare conflicts to ensure ethical conduct.
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