Common use of Product Liability Clause in Contracts

Product Liability. Except as set forth on Schedule 3.27, each of the Sellers has no material liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any liability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased or delivered by the Sellers or any of their subsidiaries.

Product Liability. Except as set forth on Disclosure Schedule 3.273.22, each of the Sellers has no material liability Seller does not have any Liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, 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 any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, licensed, or delivered by Seller in the Sellers or any operation of their subsidiariesthe Business.

Product Liability. Except as set forth on Schedule 3.27, each of the Sellers has no material liability do not have any Liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, 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 any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesDivision.

Product Liability. Except as set forth on Schedule 3.27, each of the Sellers has no material liability Seller does not have any Liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, known to Seller for any present or future suit, proceeding, hearing, investigationProceeding, charge, complaint, claim, or demand against any of them giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased or delivered by the Sellers or any of their subsidiariesProduct included in Inventory.

Product Liability. Except To the Seller’s Knowledge, except as set forth on Schedule 3.27, each in Clause 9.26 of the Sellers has no material liability (and to Seller Disclosure Schedule, the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is Seller does not aware of, have any present or future 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 any individuals or property as a result of the ownership, possession, possession or use of any Fastener product of the Business product manufactured, sold, leased sold or delivered by the Sellers Seller or any of their subsidiariesthe Seller’s third party manufacturers.

Product Liability. Except as set forth on Schedule 3.27, each of the Sellers Seller has no material liability Liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, 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 any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased the Software or delivered by the Sellers or any of their subsidiariesOnline Properties.

Product Liability. Except as set forth on Schedule 3.27Seller does not have any Liability (and, each of the Sellers has no material liability (and to the best knowledge of the SellersSeller’s knowledge, there is no reasonable basis forfor any action, and each of the Sellers is not aware of, any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller or its Affiliates or Xxxxxx or its Affiliates giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or such individuals’ use of any Fastener Business product of the Products manufactured, sold, leased sold or delivered by the Sellers or any of their subsidiariesdelivered.

Product Liability. Except as set forth on in Schedule 3.276.25, each of the Sellers Seller has no material liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them giving rise to any liability) arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufactured, sold, leased sold or delivered service performed by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.27Seller does not have any Liability (and, each of the Sellers has no material liability (and to the best knowledge of the SellersSeller’s Knowledge, there is no reasonable basis for, and each of the Sellers is not aware of, for any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Proceeding against any of them it giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufactured, sold, leased the Assets or delivered by the Sellers or any of their subsidiariesOperations.

Product Liability. Except as set forth on Schedule 3.273.26, each to Seller’s Knowledge, Seller does not have any material liability as of the Sellers has no material liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any liability) date hereof arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufactured, sold, leased or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.27, each described in Section 3.19 of the Sellers has no material liability (and Disclosure Schedule, to Seller's Knowledge, the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is Seller does not aware of, have any present or future 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 any individuals or damage to property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSeller and which relates to the Business.

Product Liability. Except as set forth disclosed on Schedule 3.274.30(b), each with respect to the operation or conduct of the Sellers Business, Seller has no material liability Knowledge of any Liability (and and, to the best knowledge Knowledge of the SellersSeller, there is no reasonable basis for, and each of the Sellers is not aware of, for any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Proceedings against any of them it giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufactured, fabricated, assembled, sold, leased or delivered by Seller with respect to the Sellers operation or any conduct of their subsidiariesthe Business prior to the Closing Date.

Product Liability. Except as set forth on Schedule 3.27, each of the Sellers The Seller has no material liability Liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Seller giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.27, each of the Sellers has no material liability Seller does not have any Liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, Basis for any present or or, the Knowledge of Seller, future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener product related to the Genomics Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on in Schedule 3.273.16, each of the Sellers Seller has no material not had any liability (and and, to the best knowledge of the SellersSeller’s knowledge, there is no reasonable basis for, and each of the Sellers is not aware of, for any present or future suitaction, lawsuit, proceeding, hearing, investigation, charge, complaint, claim, or demand damage against any of them the Seller giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufacturedor service provided, sold, leased sold or delivered by the Sellers or any of their subsidiariesSeller in connection with the Human Banking Business.

Product Liability. Except as set forth on provided in Schedule 3.274.21, each of the Sellers to Seller's knowledge, Seller has no material liability (and to the best knowledge of the Sellers, there is no reasonable reasonably meritorious basis for, and each of the Sellers is not aware or threat of, any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them giving Seller reasonably expected to give rise to any liability) arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufactured, sold, leased Seller Product or prototype of any Seller Product manufactured or delivered by the Sellers Seller or any subsidiary or other affiliate of their subsidiariesSeller prior to the Closing Date.

Product Liability. Except as set forth on in Schedule 3.278.7, each of the Sellers it has no material liability (and to the best Seller has no knowledge of the Sellers, there is no reasonable any basis for, and each of the Sellers is not aware of, for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on the Disclosure Schedule 3.27hereto, each of the Sellers Seller has no material liability Liability (and to the best knowledge Knowledge of the Sellers, Seller there is no reasonable basis for, and each of the Sellers is not aware of, 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 any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.273.21, each of the Sellers Seller, has no material liability Liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, for any present or future to the Seller’s Knowledge 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 any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased or delivered by the Sellers or any of their subsidiariesToner Products.

Product Liability. Except as set forth on Schedule 3.27, each of the Sellers has no material The Seller does not have any liability (and to the best knowledge of the Sellers, there ----------------- is no reasonable basis for, and each of the Sellers is not aware of, for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them the Seller giving rise to any liability) arising out of any injury to any individuals or property as a result of the consumption, ownership, possession, or use of any Fastener Business product manufactured, sold, leased sold or delivered by the Sellers or Company (including the Inventory). Neither the Company nor the Seller with respect to the Business has been party to any products liability litigation within the three years prior to the date of their subsidiariesthis Agreement.

Product Liability. Except as set forth on in Schedule 3.273.22 and except for those liabilities which would not have a Material Adverse Effect, each of the Sellers Seller has no material liability liabilities that have not been satisfied (and to the best knowledge Knowledge of the SellersSeller, there is no reasonable basis for, and each of the Sellers is not aware of, for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business defective product manufactured, sold, leased sold or delivered by Seller and relating to the Sellers or any of their subsidiariesBusiness.

Product Liability. Except as set forth on Schedule 3.27To Seller’s Knowledge, each of the Sellers has no material liability Seller does not have any Liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, known to Seller for any present or future suit, proceeding, hearing, investigationProceeding, charge, complaint, claim, or demand against any of them giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased or delivered by the Sellers or any of their subsidiariesProduct included in Inventory.

Product Liability. Except as set forth on Schedule 3.27, each Section 3.22 of the Sellers Disclosure Schedule, Seller has no material liability Knowledge of any Liability relating to the Business (and to the best knowledge of the Sellers, Seller’s Knowledge there is no reasonable basis for, and each of the Sellers is not aware of, Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.274.32, each of the Sellers Seller has no material liability (and to the best knowledge of the Sellersany liability, there is no reasonable or any basis for, and each of the Sellers is not aware of, for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liability) liability arising out of any injury to any individuals or property damage as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.27, each of the Sellers Seller has no material liability (and to the best Selling Parties have no knowledge of the Sellers, there is no reasonable any basis for, and each of the Sellers is not aware of, for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased or delivered by Seller, other than liabilities that both individually and in the Sellers or any of their subsidiariesaggregate are not material to the Business and that are reasonably expected to be fully covered by Seller's insurance.

Product Liability. Except as set forth on Schedule 3.27To the best of Seller's knowledge, each none of the Sellers Seller and its Subsidiaries has no material any liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, 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 any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesthe Seller and its Subsidiaries during the three (3) year period prior to the Closing Date.

Product Liability. Except as set forth on Schedule 3.27, each With respect to the operation or conduct of the Sellers Business, Seller has no material liability Knowledge of any Liability (and and, to the best knowledge Knowledge of the SellersSeller, there is no reasonable basis for, and each of the Sellers is not aware of, for any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand Proceedings against any of them it giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufactured, fabricated, assembled, sold, leased or delivered by Seller with respect to the Sellers operation or any conduct of their subsidiariesthe Business prior to the Closing Date.

Product Liability. Except as set forth on Schedule 3.27Seller does not have any Liability (and, each of the Sellers has no material liability (and to the best knowledge of the SellersSeller’s knowledge, there is no reasonable basis forfor any action, and each of the Sellers is not aware of, any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller or its Affiliates or Angiotech or its Affiliates giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or such individuals’ use of any Fastener Business product Device manufactured, sold, leased sold or delivered by the Sellers or any of their subsidiariesdelivered.

Product Liability. (a) Except as set forth on in Schedule 3.273.19(a), each of the Sellers has no material liability (and to the best information and knowledge of the SellersSeller, there is Seller has no reasonable basis for, Liability (and each Seller has not received any notice of the Sellers is not aware of, any present claim or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand cause of action by any third party against any of them giving rise to any liabilitySeller) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSeller (“Product Liability”).

Product Liability. Except as set forth on Schedule 3.27Solely related to the Business, each of the Sellers has no material liability (Seller does not have any product liability, and to the best knowledge of the SellersSeller, there is no reasonable basis for, and each of the Sellers is not aware of, Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, claim or demand against any of them Seller and related to the Business giving rise rights to any liability) product liability arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufactured, sold, leased sold or licensed or delivered by Seller; provided, however, that nothing contained in this Section 4.27 shall be deemed to expand or otherwise modify the Sellers or any of their subsidiariesrepresentations contained in Section 4.19.

Product Liability. Except as set forth on in Schedule 3.273.24, each of the Sellers Seller has no material liability liabilities that have not been satisfied (and to the best knowledge of the SellersSeller, there is no reasonable basis for, and each of the Sellers is not aware of, for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business defective product manufactured, sold, leased distributed or delivered by Seller and relating to the Sellers or any of their subsidiariesBusiness.

Product Liability. Except as set forth on Schedule 3.27To the Knowledge of Seller, each of the Sellers Seller has no material liability Liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.274.22, each the Seller does not have any material liability as of the Sellers has no material liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any liability) date hereof arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufactured, sold, leased or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.272.1(p), each of the Sellers to ----------------- Seller's knowledge, Seller has no material liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product products manufactured, sold, leased sold or delivered distributed by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.27Seller does not have any Liability (and, each of the Sellers has no material liability (and to the best knowledge of the SellersSeller's Knowledge, there is no reasonable basis for, and each of the Sellers is not aware of, Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them Seller giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased sold or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on the Disclosure Schedule 3.27hereto, each of the Sellers Seller has no material liability Liability (and and, to the best knowledge Knowledge of the SellersSeller, there is no reasonable basis for, and each of the Sellers is not aware of, 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 any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.27, each in Section 4.23 of the Disclosure Letter, to the Knowledge of the Sellers, the Sellers has have no material liability Liability (and to the best knowledge Knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, Basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any either of them the Sellers giving rise to any liabilityLiability) arising out of any injury to any individuals or property as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers or any of their subsidiariesSellers.

Product Liability. Except as set forth on Schedule 3.273.25, each Seller does not have any material liability as of the Sellers has no material liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any liability) date hereof arising out of any injury to any individuals or property as a result of the ownership, possession, possession or use of any Fastener Business product manufactured, sold, leased or delivered by the Sellers or any of their subsidiariesSeller.

Product Liability. Except as set forth on Schedule 3.272.24, each to the Knowledge of the Sellers Seller, the Seller has no material liability (and to the best knowledge of the Sellers, there is no reasonable basis for, and each of the Sellers is not aware of, any present or future suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against any of them giving rise to any liability) obligation arising out of any injury to any individuals or property property, whether based on strict liability, negligence, breach of warranty (express or implied), breach of contract or otherwise, as a result of the ownership, possession, or use of any Fastener Business product manufactured, sold, leased leased, or delivered by the Sellers by, or any of their subsidiariesservice provided by, Seller (or any Person for which Seller may be responsible) in connection with the Business.