Guarantees, Warranties and Discounts. (i) The Company is not party to or bound by any agreement of guarantee, indemnification, assumption or endorsement or any other like commitment of the obligations, liabilities (whether accrued, absolute, contingent or otherwise) or Indebtedness of any Person.
(ii) The Company has not given any guarantee or warranty in respect of any of the goods and services provided by it, except warranties made in the Ordinary Course of Business.
(iii) In each of the two (2) years prior to the date hereof, no claims have been made against the Company or the Business for breach of warranty or contract or negligence or for a price adjustment or other concession in respect of any failure to perform services or work.
(iv) There are no letters of credit, bonds or other financial security arrangements currently in place in connection with any transactions with its suppliers or customers, nor does the Company provide letters of credit, bonds or other financial security arrangements in the normal course of business.
Guarantees, Warranties and Discounts. Except as described in Schedule 3.3(4):
(a) the Corporation has not given any guarantee or warranty in respect of any of the products sold or the services provided by it, except warranties made in the Ordinary Course of Business and in the form of the Corporation’s standard written warranties, copies of which have been provided to the Purchaser, and except for warranties implied by Applicable Law;
(b) during each of the three years ended immediately preceding the date hereof, no individual claim has been made against the Corporation, which has exceeded $50,000 for breach of warranty or contract requirement or negligence or for a price adjustment or other concession in respect of any defect in or failure to perform or deliver any product, service or work;
(c) there are no repair contracts or maintenance obligations of the Corporation in favour of the customers or users of products of the Business, except obligations incurred in the Ordinary Course of Business and in accordance with the Corporation’s standard terms, a copy of which has been provided to the Purchaser;
(d) the Corporation is not now subject to any agreement or commitment, and the Corporation has not, within three years prior to the date hereof, entered into any material agreement with or made any commitment to any customer of the Business which would require the Corporation to repurchase any products sold to such customers or to adjust any price or grant any refund, discount or other concession to such customer in excess of $50,000; and
(e) the Corporation is not required to provide any letters of credit, bonds or other financial security arrangements in connection with any transactions with its suppliers or customers.
Guarantees, Warranties and Discounts. Except as described in Section 3.33 of the Disclosure Letter: (a) the Company is not a party to or bound by any agreement of guarantee, indemnification, assumption or endorsement or any other like commitment of the obligations, liabilities (contingent or otherwise) or indebtedness of any person; (b) the Company has not given any guarantee or warranty in respect of any of the products sold or the services provided by it; and (c) the Company is not required to provide any letters of credit, bonds or other financial security arrangements in connection with any transactions with its suppliers or customers.
Guarantees, Warranties and Discounts. (a) Except as disclosed in Schedule 3.1(41)(a), the QNX Group is not a party to or bound by any agreement of guarantee, indemnification, assumption or endorsement or any other like commitment of the obligations, liabilities (contingent or otherwise) or indebtedness of any person.
(b) Except as disclosed in Schedule 3.1(41)(b), the QNX Group has not given any guarantee or warranty that has not expired as of the date hereof in respect of any of the products sold or the services provided by it, except warranties made in the ordinary course of the Business and except for warranties implied by law. The warranties made in the ordinary course of the Business are generally in the form of the QNX Group’s standard written warranty, a copy of which has been provided to the Purchaser, and except for warranties implied by law.
(c) During each of the three fiscal years of the QNX Group ended immediately preceding the date hereof, no claims have been made against the QNX Group for breach of warranty or contract requirement or negligence or for a price adjustment or other concession in respect of any defect in or failure to perform or deliver any products, services or work which had, in any such year, an aggregate cost exceeding US$25,000.00.
(d) There are no repair contracts or maintenance obligations of the QNX Group in favour of the customers or users of products of the Business, except obligations incurred in the ordinary course of the Business, and in all material respects in accordance with the QNX Group’s standard terms, a copy of which has been provided to the Purchaser or as otherwise disclosed in Schedule 3.1(41)(d).
(e) Except as disclosed in Schedule 3.1(41)(e), the QNX Group is not now subject to any agreement or commitment, and the QNX Group has not, within three years prior to the date hereof, entered into any agreement with or made any commitment to any customer of the Business which would require the QNX Group to repurchase any products sold to such customers or to adjust any price or grant any refund, discount or other concession to such customer.
(f) Except as disclosed in Schedule 3.1(41)(f), the QNX Group is not required to provide any letters of credit, bonds or other financial security arrangements in connection with any transactions with its suppliers or customers.
Guarantees, Warranties and Discounts. Except as described in Schedule 6.24:
(a) the Seller has not given any guarantee or warranty relating to the Purchased Business with respect to the products sold or the services provided by it, except warranties made in the normal course of the Purchased Business, and in the form of the Seller’s standard written warranties, and except for warranties implied by Applicable Law;
(b) the Seller is not required to provide any letters of credit, bonds or other financial security arrangements in connection with any transactions with its suppliers or customers of the Purchased Business; and
(c) the Seller has not given any other material guarantee of any obligation to any Third Party in respect of the Purchased Business or the Purchased Assets, and copies of any such guarantee or other obligation have been disclosed to the Buyer.
Guarantees, Warranties and Discounts. The Company is neither a party to nor bound by any agreement of guarantee, indemnification, assumption or endorsement or any other like commitment of the obligations, liabilities (contingent or otherwise) or indebtedness of any person. Purchase of shares of Richmond Institute of Languages Inc. 19 Xxxxxx Xxxxxx Xxxxx Law Corporation; S.Goszer & X. Xxxxxx
Guarantees, Warranties and Discounts. Except as described in Schedule O attached hereto and except in accordance with the standard terms as disclosed in Schedule O attached hereto:
Guarantees, Warranties and Discounts. Except as described in the Audited Financial Statements or as will be described in the Closing Financial Statements, or as set out in Exhibit "9":
(a) the Company is not a party to or bound by any agreement of guarantee, indemnification, assumption or endorsement or any other like commitment of the obligations, liabilities (contingent or otherwise) or indebtedness of any person;
(b) the Company has not given any guarantee or warranty in respect of any of the products sold or the services provided by it, except warranties made in the ordinary course of business, and
(c) the Company has established appropriate reserves in respect of its warranty obligations and the Seller are not aware of any latent defect or other product defect with the products it has manufactured or sold which could result in the Company incurring expenses which exceed the reserves established for such purposes.
Guarantees, Warranties and Discounts. Except as disclosed in the Financial Statements:
(a) None of the Infos Corporations or the Subsidiaries are a party to or bound by any agreement of guarantee, indemnification, assumption or endorsement or any other like commitment of any material obligations, liabilities (contingent or otherwise) or indebtedness of any person with respect to or in connection with the businesses of the Infos Corporations or the Subsidiaries; and
(b) The Infos Corporations and the Subsidiaries have not given any guarantee or warranty with respect to any of the products sold or the services provided by it, except warranties made in the ordinary course of its business and in the form of the standard written warranty of the Infos Corporations and the Subsidiaries and except for warranties implied by law.
Guarantees, Warranties and Discounts. Seller has not given any guarantee, warranty or discount in respect of any of the products sold or the services provided by it. Seller is not required to provide any letters of credit, bonds or other financial security arrangements in connection with any transactions with its suppliers or customers.
