Common use of Product Liability Clause in Contracts

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 6 contracts

Samples: Stock Purchase Agreement (1847 Holdings LLC), Stock Purchase Agreement (1847 Holdings LLC), Stock Purchase Agreement (1847 Holdings LLC)

AutoNDA by SimpleDocs

Product Liability. The Company presently has no Liability liability (and and, to the knowledge of the Company, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them it giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by in connection with the Company's business.

Appears in 4 contracts

Samples: Purchase Agreement (Compudyne Corp), Merger Agreement (Compudyne Corp), Common Stock Purchase Agreement (Compudyne Corp)

Product Liability. The None of the Company and its Subsidiaries has no Liability any liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the CompanyCompany and its Subsidiaries, other than liabilities that would not have or reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Merger Agreement (Minnesota Mining & Manufacturing Co), Merger Agreement (Minnesota Mining & Manufacturing Co), Merger Agreement (Robinson Nugent Inc)

Product Liability. The Company has no Liability liabilities (and and, to the Company’s knowledge, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand action against any of them the Company giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product designed, manufactured, sold, leased, leased or delivered by or any services performed or delivered by the Company.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Immediatek Inc), Securities Purchase Agreement (Radical Holdings Lp), Securities Purchase Agreement (Radical Holdings Lp)

Product Liability. The To the Best Knowledge of Seller, the Company has no Liability does not have any liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand action against any of them the Company giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product designed, manufactured, sold, leased, or delivered by the Company.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (PMFG, Inc.)

Product Liability. The Company has no does not have any Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) Liability arising out of any injury to individuals or damage to property as a result of the ownership, possession, use or use license of any product or service manufactured, sold, leased, licensed or delivered by the CompanyCompany prior to the date hereof.

Appears in 2 contracts

Samples: Share Purchase Agreement (BPO Management Services), Share Purchase Agreement (BPO Management Services)

Product Liability. The Company has no Liability liability, whether known or unknown, asserted or unasserted, absolute or contingent, accrued or unaccrued, liquidated or unliquidated, or due or to become due (collectively, a "Liability") (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them it giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, leased or delivered by the Company.

Appears in 2 contracts

Samples: Convertible Debenture Purchase Agreement (Vycor Medical Inc), Convertible Debenture Purchase Agreement (Vycor Medical Inc)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Company giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 2 contracts

Samples: Merger Agreement (Bristol Retail Solutions Inc), Merger Agreement (Bristol Technology Systems Inc)

Product Liability. The To the Shareholders’ knowledge, the Company has no Liability liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them it giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Companyit, or as a result of any work performed by it.

Appears in 2 contracts

Samples: Stock Purchase Agreement (LKQ Corp), Stock Purchase Agreement (LKQ Corp)

Product Liability. The Company has no Liability does not have any liability (and and, to the Knowledge of the Company, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand action against any of them the Company giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product designed, manufactured, sold, leased, or delivered by the Company.

Appears in 2 contracts

Samples: Stock Purchase and Settlement Agreement (Altair Nanotechnologies Inc), Stock Purchase and Settlement Agreement (Al Yousuf LLC)

Product Liability. The Company has no liability, whether known or unknown, asserted or unasserted, absolute or contingent, accrued or unaccrued, liquidated or unliquidated, or due or to become due (collectively, a " Liability ") (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them it giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, leased or delivered by the Company.

Appears in 2 contracts

Samples: Convertible Debenture Purchase Agreement (Vycor Medical Inc), Convertible Debenture Purchase Agreement (Vycor Medical Inc)

Product Liability. The To the Knowledge of the Seller, neither Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the either Company.

Appears in 2 contracts

Samples: Stock and Membership Interest Purchase Agreement (1847 Holdings LLC), Stock and Membership Interest Purchase Agreement (1847 Holdings LLC)

Product Liability. The To the Company's Knowledge, the Company has no does not have any Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 2 contracts

Samples: Merger Agreement (Dynamicweb Enterprises Inc), Merger Agreement (Dynamicweb Enterprises Inc)

Product Liability. The Company has There are no Liability Liabilities (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them Company giving rise to any LiabilityLiabilities) arising out of any injury to individuals any individual or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, leased or delivered by the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Meridian Bioscience Inc), Stock Purchase Agreement (Meridian Bioscience Inc)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Steel Technologies Inc), Stock Purchase Agreement (American Railcar Industries, Inc./De)

Product Liability. The Company has no Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Aremissoft Corp /De/), Share Purchase Agreement (International Fuel Technology Inc)

Product Liability. The Company has no does not have any Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Advanced Communication Systems Inc), Stock Purchase Agreement (SCB Computer Technology Inc)

Product Liability. The Company has no Liability liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them it giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Companyit, or as a result of any work performed by it.

Appears in 2 contracts

Samples: Purchase Agreement (LKQ Corp), Stock Purchase Agreement (LKQ Corp)

Product Liability. The Company has no Liability liabilities (and and, to the Company’s knowledge, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand action against any of them the Company giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product designed, manufactured, sold, leased, leased or delivered by or any services or procedures performed or delivered by the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Refocus Group Inc), Securities Purchase Agreement (Refocus Group Inc)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) liability arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, sold or delivered by the Company. The Company has no Knowledge of any facts that would reasonably be expected to lead to such liability.

Appears in 2 contracts

Samples: Merger Agreement (Globus Medical Inc), Merger Agreement

Product Liability. The Company has no does not have any Liability (and there is no basis for any present or future action, suit, proceedingProceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them the Company giving rise to any Liability) directly or indirectly arising out of any injury or relating to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, leased or delivered by the Company or any services provided by the Company.

Appears in 2 contracts

Samples: Stock Subscription Agreement (Probe Manufacturing Inc), Stock Subscription Agreement (Probe Manufacturing Inc)

Product Liability. The Company has no Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product or service either manufactured, sold, leased, provided or delivered by the Company.

Appears in 2 contracts

Samples: Merger Agreement (Grace Development Inc), Merger Agreement (Grace Development Inc)

Product Liability. The Company has no Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them it giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, consumption or use of any product manufactured, sold, leased, or delivered by the CompanyCompany or its Ambassadors or agents.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Nu Skin Enterprises Inc)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Proceedings against any of them it giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, leased or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Multi Color Corp)

Product Liability. The Neither the Company nor any of its Subsidiaries has no any material Liability (and there is no reasonable basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any material Liability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, or delivered by the CompanyCompany or any of its Subsidiaries.

Appears in 1 contract

Samples: Merger Agreement (Entegris Inc)

Product Liability. The Company has no Liability (and there is ------------------ no basis Basis for any present or future charge, complaint, action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Company giving rise to any Liability) arising out of any injury to individuals persons or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, licensed or delivered by the CompanyCompany prior to or as of the Closing Date.

Appears in 1 contract

Samples: Stock Purchase and Subscription Agreement (Upgrade International Corp /Fl/)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Proceedings against any of them it giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (MULTI COLOR Corp)

Product Liability. The Company has no Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the CompanyCompany prior to the Effective Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Paravant Inc)

Product Liability. The Company has no Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Action against any of them the Company giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (National Vision Associates LTD)

Product Liability. The Company has and the Sellers have no Liability (and ------------------ there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intellisys Group Inc)

Product Liability. The Neither Company nor any of its Subsidiaries has no any Liability (and and, to the Knowledge of any Seller, Company or its Subsidiaries, there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the CompanyCompany or any of its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Group Simec Sa De Cv)

Product Liability. The Company has no Liability liability (whether ----------------- known or unknown, asserted or unasserted, absolute or contingent and there is no basis for any present whether due or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liabilitybecome due) arising out of any injury to individuals or damage to property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by by, or out of or related to any service provided by, the CompanyCompany up to the date hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sheffield Steel Corp)

Product Liability. The Company has no does not have any Liability (and to the Knowledge of the Sellers, there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Colorado Medtech Inc)

Product Liability. The To the Company’s and Tree’s knowledge, the Company has no Liability liability (and there is no basis for any present or future actionAction, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them it giving rise to any Liabilityliability) arising out of any injury to individuals (including death) or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, delivered or delivered otherwise put in commerce by the Companyit, or as a result of any work performed or services provided by it.

Appears in 1 contract

Samples: Unit Purchase Agreement (Schnitzer Steel Industries Inc)

Product Liability. The Company has no Liability (and to the Sellers' ------------------ Knowledge there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intellisys Group Inc)

Product Liability. The To the best of the Seller's knowledge, the Company has no does not have any Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Company giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Officeland Inc)

Product Liability. The Company has no Companies does not have any Liability (and there is no basis for any present or future action, suit, proceeding, hearingorder, investigation, charge, complaint, claim, investigation or demand claim against any of them the Company giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, sold or delivered by the Company, except to the extent any such Liability is recovered by Buyer and/or the Company pursuant to any insurance policy that is maintained by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Keystone Automotive Operations Inc)

Product Liability. The Company has no Liability (Liability, and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) Liability arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the CompanyCompany or any Subsidiary.

Appears in 1 contract

Samples: Merger Agreement (Renaissance Acceptance Group Inc)

Product Liability. The To its knowledge, the Company has no Liability (does not have any liability, and there is no basis for for, any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand action against any of them it giving rise to any Liability) such liability, arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, leased or delivered by the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (RxElite, Inc.)

Product Liability. The To the Knowledge of the Sellers, the Company has no Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, consumption or use of any product manufacturedmade, sold, leased, sold or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fields MRS Original Cookies Inc)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Action against any of them it giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product designed, manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Merger Agreement (Prime Medical Services Inc /Tx/)

Product Liability. The Company has no Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Company giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase and Subscription Agreement (Fountain Pharmaceuticals Inc)

Product Liability. The Other than as set forth on Schedule 3.26, the Company has no does not have any material Liability (and and, to the Knowledge of the Company, there is exist no basis set of facts or conditions for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Company giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the CompanyCompany other than in the ordinary course of business.

Appears in 1 contract

Samples: Stock Purchase and Merger Agreement (Phoenix Container, Inc.)

Product Liability. The None of the Company and its Subsidiaries has no any ----------------- material Liability (and, to the Knowledge of any of the directors and officers of the Company and its Subsidiaries, there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any such material Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the CompanyCompany and its Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Therma Wave Inc)

Product Liability. The Company has no does not have any Liability (and and, to the Knowledge of the Company, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Glacier Corp)

Product Liability. The Company has no does not have any Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Companyproperty.

Appears in 1 contract

Samples: Limited Liability Company Membership Interest Purchase Agreement (Hythiam Inc)

Product Liability. The To the knowledge of the Company and the Managing Sellers, none of the Company and its Subsidiaries has no any Liability (and there is no not basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, sold or delivered by any of the CompanyCompany or its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sleepmaster LLC)

Product Liability. The Company has no Liability liability (and to the Company's knowledge there is no basis for any present assertion of liability) arising from any claims related to the manufacture, sale or future actionsupply of the Company's products, suitincluding, proceedingbut not limited to, hearingclaims of professional negligence, investigation, charge, complaint, claimmanufacturing negligence or improper workmanship, or demand against any of them giving rise to any Liability) arising out of any injury to individuals claims in whole or property as a result of the ownership, possession, or use of any in part premised upon product manufactured, sold, leased, or delivered by the Companyliability.

Appears in 1 contract

Samples: Stock Purchase Agreement (Simcala Inc)

Product Liability. The Company has no Liability liability of any nature whatsoever (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Company giving rise to any Liabilitysuch liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Merger Agreement (Bristol Technology Systems Inc)

Product Liability. The Except for ordinary course liabilities arising in a manner consistent with past custom and practice from the Company's standard warranties, the Company has no Liability liability (and there is the Company has no knowledge of any basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Company giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lower Road Associates LLC)

AutoNDA by SimpleDocs

Product Liability. The Company has no does not have any Liability (and ----------------- there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Southwest Water Co)

Product Liability. The Company has no does not have, and will not have, any Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them the Company giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, or prototype of any product manufactured or delivered by the CompanyCompany other than a defibrillator prior to the Closing Date, except for Liability in an aggregate amount that does not exceed the reserve for product liability contained on the Balance Sheet.

Appears in 1 contract

Samples: Stock Purchase Agreement (Invivo Corp)

Product Liability. The To Sellers’ knowledge, the Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them it giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company or as a result of any work performed by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fenix Parts, Inc.)

Product Liability. The To the knowledge of Sellers after diligent ----------------- investigation, the Company has no Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intellisys Group Inc)

Product Liability. The Except as set forth on Schedule 2.5(f), Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Merger Agreement (Bristol Technology Systems Inc)

Product Liability. The Company has no Liability does not have any liability (and to the knowledge of Seller there is are no basis for any present facts or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving circumstances that could reasonably be expected to give rise to any Liabilityfuture liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by of the Company’s products.

Appears in 1 contract

Samples: Stock Purchase Agreement (Clean Energy Fuels Corp.)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property properly as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lower Road Associates LLC)

Product Liability. The Company has no Liability (and and, to the Knowledge of the Seller, there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Company giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, consumption or use of any product manufacturedmade, sold, leased, sold or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fields MRS Original Cookies Inc)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) liability arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Delta Apparel Inc)

Product Liability. The To Seller’s knowledge, the Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them it giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company or as a result of any work performed by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fenix Parts, Inc.)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product designed, manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Merger Agreement (Prime Medical Services Inc /Tx/)

Product Liability. The Company has no Liability does not have any liability (and and, to the Knowledge of the Company, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand action against any of them the Company giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product designed, manufactured, sold, leased, or delivered by the Company.. 4.26

Appears in 1 contract

Samples: Stock Purchase and Settlement Agreement

Product Liability. The Company has no Liability (and and, to the Knowledge of the Company, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Claim against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Equity Purchase Agreement (Vireo Health International, Inc.)

Product Liability. The Company has no Liability (and there is no basis ------------------ Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intellisys Group Inc)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the CompanyCompany which would not be covered by insurance if the Purchaser were to maintain the same level and type of insurance maintained by the Company as of the date of the Reference Balance Sheet.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lower Road Associates LLC)

Product Liability. The Company has There are no Liability Liabilities (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them Company giving rise to any LiabilityLiabilities) arising out of any injury to individuals any Person or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, leased or delivered by any of the CompanyCompanies.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lsi Industries Inc)

Product Liability. The Other than as set forth on Schedule 3.26, the Company has no does not have any Liability (and and, to the Knowledge of the Company, there is exist no basis set of facts or conditions for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Company giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Purchase Agreement (Phoenix Container, Inc.)

Product Liability. The Company Business has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Proceeding against any of them the Business giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product Product manufactured, sold, leased, or delivered by the CompanyBusiness.

Appears in 1 contract

Samples: Asset and Stock Purchase Agreement (Emrise CORP)

Product Liability. The To the best knowledge of the ----------------- Company, the Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, leased or delivered by the Company.

Appears in 1 contract

Samples: Merger Agreement (New England Business Service Inc)

Product Liability. The Company has no Liability (and to the Sellers' Knowledge there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Networks Associates Inc/)

Product Liability. The None of the Company and its Subsidiaries has no Liability ------------------------------- any liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the CompanyCompany and its Subsidiaries, other than liabilities that would not have or reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (Microtouch Systems Inc)

Product Liability. The Company has no material Liability (and to the best of Sellers' Knowledge there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any material Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (North Face Inc)

Product Liability. The Company has no Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Action against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product designed, manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Emerging Alpha Corp)

Product Liability. The Company has no Liability liability (and there is no basis for Sellers are not aware of any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, leased or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Guardian Technologies International Inc)

Product Liability. The Company has no Liability liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Company giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Span America Medical Systems Inc)

Product Liability. The Company has no Liability material liability (and and, to the Knowledge of the Parent or the Company, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liabilitymaterial liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Neff Corp)

Product Liability. The Neither the Company nor its Subsidiaries has no any Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them it giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Companyeither.

Appears in 1 contract

Samples: Stock Purchase Agreement (CHDT Corp)

Product Liability. The Company has no does not have any Liability (and and, to the Knowledge of the Company, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, sold or delivered by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Glacier Corp)

Product Liability. The To the Knowledge of any of the Sellers, none of the ----------------- Company and its Subsidiaries has no any Liability (and there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the CompanyCompany and its Subsidiaries.

Appears in 1 contract

Samples: Contribution and Stock Purchase Agreement (Madison River Capital LLC)

Product Liability. The Company has no Liability (and to the Seller's Knowledge, there is no basis Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cholestech Corporation)

Product Liability. The Company has no Liability liability (and and, to the Company’s Knowledge, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, Legal Proceeding or demand Order against any of them the Company giving rise to any Liabilityliability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, sold or delivered by the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Siena Technologies, Inc.)

Product Liability. The Company has no Liability (and there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company.

Appears in 1 contract

Samples: Merger Agreement (Bristol Technology Systems Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!