Common use of Product Quality, Warranty and Liability Clause in Contracts

Product Quality, Warranty and Liability. All products and services sold, rented, leased, provided or delivered by the Company to customers on or prior to the Closing Date conform to applicable contractual commitments, express and implied warranties, product and service specifications and quality standards, and the Company has no Liability and there is no basis for any Liability for replacement or repair thereof or other damages in connection therewith. No product or service sold, rented, leased, provided or delivered by the Company to customers on or prior to the Closing is subject to any guaranty, warranty or other indemnity beyond the applicable standard terms and conditions of sale, rent or lease. The Company has no Liability and there is no basis for any Liability arising out of any injury to a Person or property as a result of the ownership, possession, provision or use of any product or service sold, rented, leased, provided or delivered by the Company on or prior to the Closing Date. All product or service liability claims that have been asserted against the Company since January 1, 1992, whether covered by insurance or not and whether litigation has resulted or not, other than those listed and summarized on Exhibit 3.1(i)(i), are listed and summarized on Exhibit 3.1(k).

Appears in 2 contracts

Samples: Purchase Agreement (Rentx Industries Inc), Purchase Agreement (Rentx Industries Inc)

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Product Quality, Warranty and Liability. All services and products and services sold, rented, leased, provided or delivered by the Company to customers on or prior to the Closing Date conform to applicable contractual commitments, express and implied warranties, product and service specifications and quality standards, and and, to the Company has no Liability and best knowledge of the Shareholder, there is no basis for any Liability for replacement or repair thereof or other damages in connection therewith. No service or product or service sold, rented, leased, provided or delivered by the Company to customers on or prior to the Closing is subject to any guaranty, warranty or other indemnity beyond the applicable standard terms and conditions of sale, rent sale or lease. The To the best knowledge of the Shareholder, the Company has no Liability and there is no basis for any Liability arising out of any injury to a Person or property as a result of the ownership, possession, provision or use of any service or product or service sold, rented, leased, provided or delivered by the Company on or prior to the Closing Date. All product or service liability claims that have been asserted against the Company since January 1, 19921996, whether covered by insurance or not and whether litigation has resulted or not, other than those listed and summarized on Exhibit 3.1(i)(i), are listed and summarized on Exhibit 3.1(k).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pentastar Communications Inc)

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Product Quality, Warranty and Liability. All products and services sold, rented, leased, provided or delivered by the Company each Seller to customers on or prior to the Closing Date conform to applicable contractual commitments, express and implied warranties, product and service specifications and quality standards, and the Company no Seller has no any Liability and there is no basis for any Liability for replacement or repair thereof or other damages in connection therewith. No product or service sold, rented, leased, provided or delivered by the Company any Seller to customers on or prior to the Closing is subject to any guaranty, warranty or other indemnity beyond the applicable standard terms and conditions of sale, rent or lease. The Company No Seller has no any Liability and there is no basis for any Liability arising out of any injury to a Person or property as a result of the ownership, possession, provision or use of any product or service sold, rented, leased, provided or delivered by the Company any Seller on or prior to the Closing Date. All product or service liability claims that have been asserted against the Company any Seller since January 1, 19921991, whether covered by insurance or not and whether litigation has resulted or not, other than those listed and summarized on Exhibit 3.1(i)(i), are listed and summarized on Exhibit 3.1(k).

Appears in 1 contract

Samples: Asset Purchase Agreement (Rentx Industries Inc)

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