Remedies and Procedures. (a) Upon delivery of the Default Certificate to the Escrow Agent, Sento may require that all or a portion of the Escrowed Shares necessary to satisfy the aggregate amount of all Claim(s) with respect to each Default hereunder be transferred to Sento. In such event, the Escrow Agent shall cause a certificate or certificates representing such Escrowed Shares to be transferred into the name of Sento and delivered to Sento, whereupon Sento shall have all of the rights, privileges and powers appurtenant to and arising from ownership of such Escrowed Shares.
(b) Upon receipt of a Default Certificate, the Escrow Agent, without independent verification, shall release and deliver to Sento the Escrow Documents necessary to facilitate Sento's exercise of its remedies under this Agreement, and shall execute and deliver all such instruments or certificates and take all such actions as may be requested by Sento to accomplish Sento's exercise of such remedies.
(c) For purposes of determining the number of Escrowed Shares to be transferred to Sento pursuant to subsection (a) above, Sento shall divide the aggregate amount of all Claim(s) described in the applicable Default Certificate (expressed in dollars) by the closing sale price of the Common Stock, as reported by the National Association of Securities Dealers or such other established quotation service as Sento shall reasonably select, as of the Closing Date.
(d) If any or all of the Escrowed Shares are transferred to Sento pursuant to the provisions of this Section 6, the Shareholder shall pay any and all costs and expenses reasonably incurred by the Escrow Agent in connection with the delivery and transfer of the Escrowed Shares.
Remedies and Procedures. 2.01. This limited warranty is not effective unless the purchaser returns the registration and warranty form to manufacturer within 30 days of purchase.
2.02. Purchaser claims must be made in writing to the authorized dealer (“dealer”) from whom purchaser purchased the goods or an approved authorized dealer (“dealer”) within 30 days after purchaser learns of the facts on which the claim is based.
2.03. Purchaser is responsible for returning the goods in question to the dealer.
2.04. If after examining the goods and/or parts in question, manufacturer finds them to be defective under normal use and service due to defects in material or workmanship, manufacturer will:
(A) repair or replace the defective goods or part(s) or
(B) reimburse purchaser for the cost of the part(s) and reasonable labor charges (as determined by manufacturer) if purchaser paid for the repair and/or replacement prior to the final determination of applicability of the warranty by manufacturer. The choice of remedy shall belong to manufacturer.
2.05. Purchaser is responsible for any labor charges exceeding a reasonable amount as determined by manufacturer and for returning the goods to the dealer, whether or not the claim is approved. Purchaser is responsible for the transportation cost for the goods or part(s) from the dealer to the designated factory.
Remedies and Procedures. In the event of a breach of either the General Limited Warranty or the Turbine Limited Warranty which Vacutech determines to be covered by an applicable Limited Warranty, Vacutech will, at its option, (a) replace, or (b) repair, the defective Equipment or Turbine, as applicable. In the event of a breach of the Services Limited Warranty which Vacutech determines to be covered by the Services Limited Warranty, Vacutech will, at its option, (i) re-perform such Services or (ii) credit or refund the price of such Services for the price paid. Any claim regarding breach of a Limited Warranty must be received by Vacutech before the expiration of the applicable warranty period. Vacutech reserves the right to inspect and investigate the alleged breach prior to any remedy being provided. Vacutech may require Purchaser to return the allegedly defective Equipment or Turbine to Vacutech’s factory for inspection, or Vacutech may elect to ship a new part to Purchaser; in either case, Purchaser is responsible for freight. If Vacutech determines that the claims are not covered by any applicable Limited Warranty, Purchaser will be notified and will be provided with the cost of repairs, replacement or re-performance, as applicable. Vacutech reserves the right to charge reasonable amounts for travel and labor associated with investigation of invalid claims. Warranty claims should be submitted via email to xxxxxxxx@xxxxxxxxxxx.xxx, or via phone at 0-000-000-0000.
Remedies and Procedures. 2.01. This limited warranty is not effective unless the Purchaser returns the Registration and Warranty Form to Manufacturer within 30 days of purchase.
2.02. Purchaser claims must be made in writing to the Authorized Dealer ("Dealer") from whom Xxxxxxxxx purchased the goods or an approved Authorized Dealer ('Dealer") within 30 days after Purchaser learns of the facts on which the claim is based.
2.03. Purchaser is responsible for returning the goods in question to the Dealer
2.04. If after examining the goods and/or parts in question, Manufacturer finds them to be defective under normal use and service due to defects in material or workmanship, Manufacturer will:
(a) Repair or replace the defective goods or part(s) or
(b) Reimburse Purchaser for the cost of the part(s) and reasonable labor charges (as determined by Manufacturer) if Purchaser paid for the repair and/or replacement prior to the final determination of applicability of the warranty by Manufacturer. The choice of remedy shall belong to Manufacturer
2.05. Purchaser is responsible for any labor charges exceeding a reasonable amount as determined by Manufacturer and for returning the goods to the Dealer, whether or not the claim is approved. Purchaser is responsible for the transportation cost for the goods or part(s) from the Dealer to the designated factory.
Remedies and Procedures
