Common use of Product Warranty and Liability Clause in Contracts

Product Warranty and Liability. All finished goods inventories manufactured by the Company in the operation of the Business (the "Products") have been in material conformity with all applicable contractual commitments and all express or implied warranties (including warranties imposed by the application of law) and, to the Knowledge of the Company and the Controlling Shareholder, no material liability exists or will arise for replacement or damage in connection with such sales or deliveries, except as are adequately reserved for on the Financial Statements. No Products heretofore sold by the Company are now subject to any guaranty, warranty, claim for product liability or patent or other indemnity, other than those sold in accordance with the standard terms and conditions of sale of the Business, true and complete copies of which have been made available to the Purchaser.

Product Warranty and Liability. All finished goods inventories manufactured by the Company Seller in the operation of the Business (the "ProductsPRODUCTS") ), have been in material conformity with all applicable contractual commitments and all express or implied warranties (including warranties imposed by the application of law) and, to the Knowledge of the Company and the Controlling Shareholder, no material liability exists or will arise for replacement or damage in connection with such sales or deliveries, except as are adequately reserved for on the Financial Statements. No Products heretofore sold by the Company Seller are now subject to any guaranty, warranty, claim for product liability or patent or other indemnity, other than those sold in accordance with the standard terms and conditions of sale of the Business, true and complete copies of which have been made available delivered to the PurchaserBuyer.

Product Warranty and Liability. All finished goods inventories manufactured by the Company in the operation of the Business (the "Products") have been in material conformity with all applicable contractual commitments and all express or implied warranties (including warranties imposed by the application of law) and, to the Knowledge of the Company and the Controlling ShareholderShareholders, no material liability exists or will arise for replacement or damage in connection with such sales or deliveries, except as are adequately reserved for on the Financial Statements. No Products heretofore sold by the Company are now subject to any guaranty, warranty, claim for product liability or patent or other indemnity, other than those sold in accordance with the standard terms and conditions of sale of the Business, true and complete copies of which have been made available to the Purchaser.

Product Warranty and Liability. All finished goods inventories manufactured by the Company and the Subsidiaries in the operation of the Business (the "Products") have been in material conformity with all applicable contractual commitments and all express or implied warranties (including warranties imposed by the application of law) and, to the Knowledge of the Company and the Controlling ShareholderShareholders, no material liability exists or will arise for replacement or damage in connection with such sales or deliveries, except as are adequately reserved for on the Financial Statements. No Products heretofore sold by the Company or the Subsidiaries are now subject to any guaranty, warranty, claim for product liability or patent or other indemnity, other than those sold in accordance with the standard terms and conditions of sale of the Business, true and complete copies of which have been made available to the Purchaser.

Product Warranty and Liability. All finished goods inventories manufactured by the Company in the operation of the Business (the "Products") have been in material conformity with all applicable contractual commitments and all express or implied warranties (including warranties imposed by the application of law) and, to the Knowledge of the Company and the Controlling Shareholder, no material liability exists or will arise for replacement or damage in connection with such sales or deliveries, except as are adequately reserved for on the Financial Statements. No Products heretofore sold by the Company are now subject to any guaranty, warranty, claim for product liability or patent or other indemnity, other than those sold in accordance with the standard terms and conditions of sale of the Business, true and complete copies of which have been made available to the Purchaser.