Common use of PRODUCT LIABILITY CLAIMS; PRODUCT WARRANTIES Clause in Contracts

PRODUCT LIABILITY CLAIMS; PRODUCT WARRANTIES. Schedule 5.25 sets forth all product liability claims pending or, to the knowledge of IFT, threatened against IFT and all product liability claims paid by or on behalf of IFT for the three (3) year period prior to the date of this Agreement. Except as set forth on Schedule 5.25, IFT has not given or offered any warranty covering any products sold or distributed by it, and IFT has not extended to its customers any indemnification or guarantees.

Appears in 4 contracts

Samples: Asset Purchase and Sale Agreement (Interactive Flight Technologies Inc), Asset Purchase and Sale Agreement (Network Connection Inc), Asset Purchase and Sale Agreement (Network Connection Inc)

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