Common use of REMEDY FOR BREACH OF WARRANTY Clause in Contracts

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You under this Limited Warranty, and BYD will have no other liability to You if the Product fails to comply with the Limited Warranty.

Appears in 15 contracts

Samples: Limited Warranty, Limited Warranty, Limited Warranty

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REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120amount*/60) x (120 60 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no and free of defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, Warranty and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 8 contracts

Samples: Limited Warranty, Limited Warranty, Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas formula below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) : Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120amount*/60) x (120 - 60- number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Productproduct) determined by BYD if it were purchased new with no and free of defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You under this Limited Warranty, and BYD will have no other liability to You if the Product fails to comply with the Limited Warranty.

Appears in 8 contracts

Samples: Limited Warranty, Limited Warranty, Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no and free of defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, Warranty and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 7 contracts

Samples: Limited Warranty, Limited Warranty, Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas formula below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) : Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120amount*/60) x (120 - 60- number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Productproduct) determined by BYD if it were purchased new with no and free of defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 7 contracts

Samples: Limited Warranty, Limited Warranty, Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 amount*/120)×(120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You under this Limited Warranty, and BYD will have no other liability to You if the Product fails to comply with the Limited Warranty.

Appears in 5 contracts

Samples: Limited Warranty, Limited Warranty, Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.12.5. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.22.6. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.32.7. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.42.8. If BYD does not repair or replace the defective Product or parts, BYD will refund You an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no defects. 3.52.9. The remedies as set out above are the sole and exclusive obligations of BYD to You under this Limited Warranty, and BYD will have no other liability to You if the Product fails to comply with the Limited Warranty.

Appears in 3 contracts

Samples: Limited Warranty, Limited Warranty, Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Productproduct) determined by BYD if it were purchased new with no and free of defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 3 contracts

Samples: Limited Warranty, Limited Warranty, Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, 1.3 BYD will repair or replace the non-conforming nonconforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has have been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You you an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 amount*/120)×(120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product product (or an equivalent Productproduct) determined by BYD BYD, if it were purchased new with no defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You you under this Limited Warranty, Warranty and BYD will have no other liability to You you if the Product fails to comply with the Limited Warranty.

Appears in 2 contracts

Samples: Limited Warranty, Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 amount*/120)×(120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product product (or an equivalent Productproduct) determined by BYD if it were purchased new with no defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, Warranty and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 2 contracts

Samples: Limited Warranty, Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, 1.3 BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 amount*/120)×(120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product product (or an equivalent Productproduct) determined by BYD if it were purchased new with no defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, Warranty and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 1 contract

Samples: Limited Warranty

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REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Usable Energy - remaining Useable Usable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120amount*/60) x (120 60 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no and free of defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 1 contract

Samples: Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120amount*/60) x (120 60 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no and free of defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 1 contract

Samples: Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which 5 / 10 may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas formula below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) : Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120amount*/60) x (120 - 60- number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Productproduct) determined by BYD if it were purchased new with no and free of defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 1 contract

Samples: Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to 3.1 If the exclusions and limitations Product has a defect as set out above, forth in clause 1.2 above or if the Product fails to comply with charge cycles and / or the Limited Warranty remaining usable energy will be lower than as the warranted as set forth in clauses 1.2 or 1.3, clause 1.3 above BYD will repair or replace the non-conforming nonconforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on under the following conditionsconditions set forth herein. 3.2. Whether to 3.2 To repair or replace the Product will be determined decided by BYD in at its sole own discretion. 3.3. 3.3 The Product or any of its parts thereof to be replaced will have the same performance and reliability as the original Productquality performance. If the Production production of the relevant same type of the Product Defective Battery or any of its parts thereof has been discontinued, withdrawn from the market, or are is otherwise unavailable, BYD may shall have the right to replace the Product Defective Battery or parts thereof with a similar Product type (but not necessarily the same type or part (new) but the performance of which may include previously used parts that are equivalent to new in performance and reliability)should not be lower than the original type. 3.4. 3.4 If BYD does cannot repair or replace the defective Product or partsProduct/ parts thereof, BYD will refund You an the amount of money calculated as follows: a) according to the scheme below.  If the Product fails to comply with remaining usable energy is less than the Limited Performance warranted remaining usable energy before the guaranteed cycles reached within ten years after the Warranty Start Date, refund amount of money in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy EUR= purchase price×(warranted remaining usable energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput remaining usable energy)/Usable Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 - number of months since money in EUR= purchase price/120×(120- time after Warranty Start DateDate in month). *The maximum claim amount purchase price is the market value of price mentioned in the Product (or an equivalent Product) determined by BYD if it were purchased new with no defectsseller`s invoice to the Original Buyer. 3.5. 3.5 The remedies Remedy under the Limited Product Warranty and the Remedy under the Limited Performance Warranty as set out forth above are the sole and exclusive obligations responsibility and obligation of BYD to You Original Buyer under this Limited Warranty and are also the sole and exclusive remedy of Original Buyer for the Defective Battery under this Limited Warranty, and BYD will have no other liability to You if the Product fails to comply with the Limited Warranty.

Appears in 1 contract

Samples: Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which 5 / 11 may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You Original Buyer an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas formula below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) : Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120amount*/60) x (120 - 60- number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Productproduct) determined by BYD if it were purchased new with no and free of defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You Original Buyer under this Limited Warranty, and BYD will have no other liability to You Original Buyer if the Product fails to comply with the Limited Warranty.

Appears in 1 contract

Samples: Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if 3.1 If the Product fails to comply with has a defect as set in forth in the Product Warranty described in clause 1.2 or the remaining usable energy will be lower than as the warranted as set forth in the Limited Performance Warranty described in clauses 1.2 or clause 1.3, BYD will repair or replace the non-conforming nonconforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on under the following conditionsconditions set forth herein. 3.2. Whether to 3.2 To repair or replace the Product will be determined decided by BYD in at its sole own discretion. 3.3. 3.3 The Product or any of its parts thereof to be replaced will have the same performance and reliability as the original Productquality performance. If the Production production of the relevant same type of the Product Defective Battery or any of its parts thereof has been discontinued, withdrawn from the market, or are is otherwise unavailable, BYD may shall have the right to replace the Product Defective Battery or parts thereof with a similar Product type (but not necessarily the same type or part (new) but the performance of which may include previously used parts that are equivalent to new in performance and reliability)should not be lower than the original type. 3.4. 3.4 If BYD does cannot repair or replace the defective Product or partsProduct/ parts thereof, BYD will refund You an the amount of money calculated as follows: a) according to the scheme below.  If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output remaining usable energy of the Product recorded is less than the warranted remaining usable energy described in the control module Limited Performance Warranty, refund amount of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum money in EUR is: Maximum claim amount* x (warranted amount*×(warranted remaining Useable Energy usable energy - remaining Useable Energy)/ warranted Usable Energyusable energy)/initial usable energy; and b) If the Product canis not be operatedcapable to operate, BYD will calculate the refund as followsmoney in EUR is: Refund = (maximum Maximum claim amount*/120) x (120 - number of months since amount*/60×(60- time after Warranty Start DateDate in month). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no and free of defects. 3.5. 3.5 The remedies Remedy under the Limited Product Warranty and the Remedy under the Limited Performance Warranty as set out forth above are the sole and exclusive obligations responsibility and obligation of BYD to You Original Buyer under this Limited Warranty, Warranty Letter and BYD will have no other liability to You if are also the Product fails to comply with sole and exclusive remedy of Original Buyer for the Defective Battery under this Limited WarrantyWarranty Letter.

Appears in 1 contract

Samples: Limited Warranty

REMEDY FOR BREACH OF WARRANTY. 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You under this Limited Warranty, and BYD will have no other liability to You if the Product fails to comply with the Limited Warranty.

Appears in 1 contract

Samples: Limited Warranty

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