Common use of Product Liability Clause in Contracts

Product Liability. None of the Company and its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 and its Subsidiaries.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Gca I Acquisition Corp), Agreement and Plan of Merger (Gca I Acquisition Corp), Agreement and Plan of Merger (Gca Ii Acquisition Corp)

AutoNDA by SimpleDocs

Product Liability. None of Neither the Company and nor its Subsidiaries has ----------------- any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 or any of the Company and its Subsidiaries.

Appears in 2 contracts

Samples: Underwriting Agreement (Coyote Sports Inc), Underwriting Agreement (Coyote Sports Inc)

Product Liability. None To the Knowledge of the Company, neither the Company and nor any of its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property or damages to business operations as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, leased or delivered by the Company or any of the Company and its Subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Computer Network Technology Corp), Agreement and Plan of Merger (McData Corp)

Product Liability. None of the The Company and its Subsidiaries has any material liability no Liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 and its SubsidiariesCompany.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Boxlight Corp), Share Purchase Agreement (Protea Biosciences Group, Inc.)

Product Liability. None To the Knowledge of the Company and its Subsidiaries Seller, none of the Acquired Companies has any material liability (whether known known, or unknown, whether asserted asserted, or unasserted, whether absolute or contingentcontingent material liability, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 and its SubsidiariesAcquired Companies.

Appears in 2 contracts

Samples: Stock Purchase Agreement (SecureAlert, Inc.), Stock Purchase Agreement

Product Liability. None of the Company and its Subsidiaries has The Group does not have any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product heretofore manufactured, sold, leased, or delivered by any of the Company and its SubsidiariesGroup.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Pairgain Technologies Inc /Ca/), Asset Purchase Agreement (Globespan Inc/De)

Product Liability. None of the The Company and its Subsidiaries has any material liability does not have Liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 and its Subsidiariesproperty.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (International Packaging & Logistics Group Inc.)

Product Liability. None To the knowledge of the Company, neither the Company and nor any of its Subsidiaries has any material liability (whether known or unknownabsolute, whether asserted or unassertedaccrued, whether absolute or contingent, whether accrued determined, determinable or unaccrued, whether liquidated or unliquidated, and whether due or to become dueotherwise) 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 or any of the Company and its Subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Datalink Corp), Agreement and Plan of Merger (JDS Uniphase Corp /Ca/)

Product Liability. None of the Company Buyer and its Subsidiaries has any ------------------ material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 Buyer and its Subsidiaries.. (xxi)

Appears in 1 contract

Samples: Stock Exchange Agreement (Sequiam Corp)

Product Liability. None of Neither the Company and nor any of its Subsidiaries has any material liability Liability (whether known and there is no Basis for any present or unknownfuture action, whether asserted suit, proceeding, hearing, investigation, charge, complaint, claim, or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or demand against any of them giving rise to become dueany 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 the Sellers in connection with the operation of the business of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Contribution and Merger Agreement (JWC Acquisition Corp.)

Product Liability. None of Neither the Company and nor any of its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Stryker Machining Facility Co)

Product Liability. None of the Company and its Subsidiaries Acquired Companies has any material liability Liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 any of the Company and its SubsidiariesAcquired Companies.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lmi Aerospace Inc)

Product Liability. None of the Company and its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) exceeding $50,000 individually or in the aggregate 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 any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hartley Controls Corp)

AutoNDA by SimpleDocs

Product Liability. None of the The Company and its Subsidiaries has does not have any material liability (whether known or known, unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or damage to tangible property in any case as a result of the ownership, possession, possession or use by any third party of any product manufactured, sold, leased, sold or delivered leased by any of the Company and its Subsidiariesprior to the Closing Date.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (One Stop Systems, Inc.)

Product Liability. None of the The Company and its Subsidiaries has any material liability no Liability (whether ----------------- known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 and its SubsidiariesCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Jackson Products Inc)

Product Liability. None To the Knowledge of Company, neither the Company and nor any of its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 any of its Subsidiaries that would be material to the Company and its SubsidiariesSubsidiaries as a whole.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TBC Corp)

Product Liability. None of the The Acquired Company and its Subsidiaries has any material liability no Liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 and its SubsidiariesAcquired Company.

Appears in 1 contract

Samples: Securities Purchase Agreement

Product Liability. None of Neither the Company and nor its Subsidiaries Subsidiary has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 and or its SubsidiariesSubsidiary.

Appears in 1 contract

Samples: Underwriting Agreement (Hat World Corp)

Product Liability. None Neither FIND nor any of the Company and its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) 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 either FIND or any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Findex Com Inc)

Product Liability. None of the The Company and its Subsidiaries has any material no liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) exceeding $50,000 individually or in the aggregate 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 and its SubsidiariesCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Neenah Foundry Co)

Product Liability. None of Neither the Company and nor any of its Subsidiaries has any material liability Liability (whether known and there is no reasonable basis for any present or unknownfuture action, whether asserted suit, proceeding, hearing, investigation, charge, complaint, claim, or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or demand against any of them giving rise to become dueany 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 Company or any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Entegris Inc)

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