Lemon Policy Sample Clauses

Lemon Policy. We will replace a Product or part should the same major failure occur to the product or part and require a service call on three (3) separate occasions within a twelve (12) month period after the Contract commencement date. Replacement shall be with a product of comparable type, quality and functionality, but not necessarily brand or color. Replacement will be authorized after the product is repaired for the second time and upon the occurrence of the third repair request. Validation by a technician of product failure is required prior to replacement. Your Contract remains in force upon replacement of the Product under this Lemon Policy.
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Lemon Policy. If Supplier has made three attempts after Acceptance (as described in Exhibit D, Section I.B “Inspection and Acceptance”) but during the warranty period to repair related failures on one piece of Equipment and bring the Equipment to operating specifications, and an additional related failure occurs, then Supplier must replace the Equipment with a new piece of Equipment at no cost to Customer.
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Lemon Policy. Administrator will replace a Product or component should the same major repair and/or component failure occur to the Product or component & require a service call on 3 separate occasions within a 12 month period after the Contract effective date. Replacement will be authorized after the Product or component is repaired for the second time & upon the occurrence of the third repair request as verified by an authorized service technician. Servicers warranty the workmanship of their repair service for 30 days. Rework repairs (repairs done within 30 days of the original repair for the same failure) shall not count towards the number of repairs prior to replacement.
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Related to Lemon Policy

  • Vacation Policy The Executive shall be entitled to a paid vacation of four weeks during each year of the Term.

  • R&W Policy Concurrently with the execution and delivery of this Agreement, Buyers have delivered to Sellers’ Representative a duly executed binder agreement (the “Binder Agreement”) by and between Buyers and AIG Specialty Insurance Company, an Illinois corporation, with respect to the delivery of an insurance policy with respect to the representations and warranties of Sellers under this Agreement (the “R&W Policy”) at the Closing, which Binder Agreement shall not be amended in a manner that adversely affects Sellers without the prior written consent of Sellers’ Representative (such consent not to be unreasonably withheld, conditioned or delayed); provided, that the parties hereto agree that any version of the R&W Policy and Binder Agreement delivered to Sellers’ Representative shall not include Annex A or Annex B referenced therein. Buyers and its Affiliates shall not amend, waive, or otherwise modify the subrogation provision under the R&W Policy in any manner that would allow the insurer thereunder to subrogate or otherwise make or bring any action against the Sellers (other than any claim for Fraud of any Seller). The policy provider of the R&W Policy has agreed that the R&W Policy will expressly provide that the policy provider shall not have the right to, and will not, pursue any subrogation rights or contribution rights or any other claims against any Seller or any of the Sellers’ Parties in connection with any claim made by any Buyers’ Indemnified Party thereunder, other than for Fraud, and that such provision of the insurance policy may not be amended without the prior written consent of Sellers’ Representative. Sellers shall pay, cause to be paid or reimburse Buyers for all costs and expenses related to the R&W Policy, including the total premium, underwriting costs, brokerage commissions, and other fees and expenses of such policy, provided that such amounts shall be without duplication to those otherwise included in Transaction Expenses.

  • Underwriting Guidelines A true and correct copy of the Underwriting Guidelines certified by an officer of the Seller.

  • Recoupment Policy Executive agrees that Executive will be subject to any compensation clawback or recoupment policies that may be applicable to Executive as an employee of the Company, as in effect from time to time and as approved by the Board or a duly authorized committee thereof, to comply with the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Credit and Collection Policy The Servicer has complied in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and the related Contracts.

  • Privacy Policy The Provider must publicly disclose material information about its collection, use, and disclosure of Student Data, including, but not limited to, publishing a terms of service agreement, privacy policy, or similar document.

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