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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Warranty

A Warranty is a promise made in a Contract that something is true or will happen.

It can also relate to goods being delivered by a certain date. 

Failure of a Warranty may result in a Liability to pay Damages.

You can store warranties from third parties in central contract repository, against the main contract, for complete visibility.