Common use of Product Liabilities and Warranties Clause in Contracts

Product Liabilities and Warranties. (a) Except as set forth in Schedule 3.27(a), no Acquired Company has incurred any Loss as a result of any defect or other deficiency (whether of design, materials, workmanship, labeling, instructions, or otherwise) with respect to any product designed, manufactured, sold, leased, licensed, or delivered, or any service provided by any Acquired Company, whether such Loss is incurred by reason of any express or implied warranty (including any warranty of merchantability or fitness), any doctrine of common law (tort, contract, or other), any other Legal Requirement, or otherwise. No Governmental Body has alleged that any product designed, manufactured, sold, leased, licensed, or delivered by any Acquired Company is defective or unsafe or fails to meet any product warranty or any standards promulgated by any such Governmental Body. No product designed, manufactured, sold, leased, licensed, or delivered by any Acquired Company has been recalled, and no Acquired Company has received any notice of recall (written or oral) of any such product from any Governmental Body. No event has occurred or circumstance exists that (with or without notice or lapse of time) could result in any such liability or recall.

Appears in 1 contract

Samples: Stock and Membership Interest Exchange Agreement (Coconnect, Inc.)

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Product Liabilities and Warranties. (a) Except as set forth in Schedule 3.27(a)disclosed by Seller, no Acquired Outside the Ordinary Course of Business, the Company has not incurred any Loss as a result of any defect or other deficiency (whether of design, materials, workmanship, labeling, instructions, or otherwise) with respect to any product designed, manufactured, sold, leased, licensed, or delivered, or any service provided by any Acquired the Company, whether such Loss is incurred by reason of any express or implied warranty (including any warranty of merchantability or fitness), any doctrine of common law (tort, contract, or other), any other Legal Requirement, or otherwise. Notwithstanding the foregoing, the Company regularly provides a deduction in pricing to take into consideration defective products and regularly addresses defective product issues in the Ordinary Course of Business. No Governmental Body has alleged that any product designed, manufactured, sold, leased, licensed, or delivered by any Acquired the Company is defective or unsafe or fails to meet any product warranty or any standards promulgated by any such Governmental Body. No product designed, manufactured, sold, leased, licensed, or delivered by any Acquired the Company has been recalled, and no Acquired the Company has not received any notice of recall (written or oral) of any such product from any Governmental Body. No event has occurred or circumstance exists that (with or without notice or lapse of time) could result in any such liability or recall.

Appears in 1 contract

Samples: Share Purchase Agreement (Xspand Products Lab, Inc.)

Product Liabilities and Warranties. (a) Except as set forth in Schedule 3.27(a3.22(a), no Acquired Company has incurred any Loss as a result of any defect or other deficiency (whether of design, materials, workmanship, labeling, instructions, or otherwise) with respect to any product designed, manufactured, sold, leased, licensed, or delivered, or any service provided by any Acquired Company, whether such Loss is incurred by reason of any express or implied warranty (including any warranty of merchantability or fitness), any doctrine of common law (tort, contract, or other), any other Legal Requirement, or otherwise. No Governmental Body has alleged that any product designed, manufactured, sold, leased, licensed, or delivered by any Acquired Company is defective or unsafe or fails to meet any product warranty or any standards promulgated by any such Governmental Body. No product designed, manufactured, sold, leased, licensed, or delivered by any Acquired Company has been recalled, and no Acquired Company has received any notice of recall (written or oral) of any such product from any Governmental Body. No event has occurred or circumstance exists that (with or without notice or lapse of time) could result in any such liability or recall.

Appears in 1 contract

Samples: Share Exchange and Purchase Agreement (Strategabiz, Inc.)

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Product Liabilities and Warranties. (a) All sales by the Business to unaffiliated third parties are made by Seller. No Acquired Company or Associated Company sells any products or services of the Business to an unaffiliated third party. Except as set forth in Schedule 3.27(a), no Acquired Company Seller has not incurred any Loss as a result of any defect or other deficiency (whether of design, materials, workmanship, labeling, instructions, instructions or otherwise) with respect to any product designed, manufactured, sold, leased, licensed, licensed or delivered, delivered or any service provided by any Acquired Companythe Business, whether such Loss is incurred by reason of any express or implied warranty (including any warranty of merchantability or fitness), any doctrine of common law (tort, contract, contract or other), any other Legal Requirement, Requirement or otherwise. No Governmental Body or other Person has alleged that any product designed, manufactured, sold, leased, licensed, licensed or delivered or services provided by the Business (or any Acquired Company product containing any such product or service) is defective or unsafe or fails to meet any product warranty or any standards promulgated by any such a Governmental Body. No product designed, manufactured, sold, leased, licensed, licensed or delivered by the Business (or any Acquired Company product containing any such product or service) has been recalled, and no neither Seller nor any Acquired Company has received any notice of recall (written or oral) of any such product from any customer, supplier, Governmental BodyBody or other Person. No event has occurred or circumstance exists that (with or without notice or lapse of time) could is likely to result in any such liability or recall.

Appears in 1 contract

Samples: Purchase Agreement (Sigmatron International Inc)

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