Common use of Product Service Provided for Vendor-Warranty Products Clause in Contracts

Product Service Provided for Vendor-Warranty Products. For completed Product Services on Vendor-Warranty Products, Buyer will be obligated to pay Seller its charges specified in the Services Agreement dated August 8, 2012 between SHO and SHMC (the “Services Agreement”) but only if (A) the Vendor refuses to reimburse Seller for the Product Services solely on the grounds that the Vendor’s obligations with respect to the Vendor Warranty do not extend to Vendor-Warranty Products purchased by Buyer, and (B) Seller has used commercially reasonable efforts to cause the Vendor to assume and bear financial responsibility for the Vendor Warranty in accordance with its terms.

Appears in 4 contracts

Samples: Merchandising Agreement, Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.), Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.)

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