Warranties and Product Liability. (a) Except for (i) warranties implied by law and (ii) warranties disclosed in Section 2.11 of the Disclosure Schedule, the Seller has not given or made any warranties in connection with the sale or rental of goods or services on or prior to the Closing, including, without limitation, warranties covering the customer's consequential damages. Neither the Seller nor any of the Shareholders is aware of any state of facts or the occurrence of any event forming the basis of any present claim against the Seller with respect to warranties relating to products manufactured, sold or distributed by the Seller or services performed by or on behalf of the Seller on or prior to the Closing. (b) To the knowledge of the Seller and each of the Shareholders, there is no state of facts or any event forming the basis of any present claim against the Seller, the Business or the Transferred Assets not fully covered by insurance, except for deductibles and self-insurance retentions, for personal injury or property damage alleged to be caused by products shipped or services rendered by or on behalf of the Seller.
Appears in 1 contract
Samples: Asset Purchase Agreement (Weatherford International Inc /New/)
Warranties and Product Liability. (a) Except for (i) warranties implied by law and (ii) warranties disclosed in Section 2.11 2.10 of the Disclosure Schedule, the Seller has not given or made any warranties in connection with the sale or rental of goods or services on or prior to the Closing, including, without limitation, warranties covering the customer's consequential damages. Neither the Seller nor any of the Shareholders is aware of any state of facts or the occurrence of any event forming the basis of any present claim against the Seller with respect to warranties relating to products manufactured, sold or distributed by the Seller or services performed by or on behalf of the Seller on or prior to the Closing.
(b) To the knowledge of the Seller and each of the Shareholders, there is no state of facts or any event forming the basis of any present claim against the Seller, the Business Seller or the Transferred Assets not fully covered by insurance, except for deductibles and self-insurance retentions, for personal injury or property damage alleged to be caused by products shipped or services rendered by or on behalf of the Seller.
Appears in 1 contract
Samples: Asset Purchase Agreement (Weatherford International Inc /New/)
Warranties and Product Liability. (a) Except for (i) warranties implied by law and (ii) warranties disclosed in Section 2.11 of the Disclosure Schedule, none of the Seller has not Sellers have given or made any warranties in connection with the sale or rental of goods or services on or prior to the Closing, including, without limitation, warranties covering the customer's consequential damages. Neither None of the Seller nor Sellers or any of the Shareholders is aware of any state of facts or the occurrence of any event forming the basis of any present claim against the Seller with respect to warranties relating to products manufactured, sold or distributed by the Seller or services performed by or on behalf of the Seller on or prior to the Closing.
(b) To the knowledge of each of the Seller Sellers and each of the Shareholders, there is no state of facts or any event forming the basis of any present claim against the a Seller, the Business or the Transferred Assets not fully covered by insurance, except for deductibles and self-insurance retentions, for personal injury or property damage alleged to be caused by products shipped or services rendered by or on behalf of the SellerSellers.
Appears in 1 contract
Samples: Asset Purchase Agreement (Weatherford International LTD)
Warranties and Product Liability. (a) Except for (i) warranties implied by law and (ii) warranties disclosed in Section 2.11 2.8 of the Disclosure Schedule, the Seller has not given or made any warranties in connection with the sale or rental rental, if any, of goods or services on or prior to the Closing, including, without limitation, warranties covering the customer's consequential damages. Neither the Seller nor any of the Shareholders Shareholder is aware of any state of facts or the occurrence of any event forming the basis of any present claim against the Seller with respect to warranties relating to products manufactured, sold or distributed by the Seller or services performed by or on behalf of the Seller on or prior to the Closing.
(b) To the knowledge of each of the Seller and each of the ShareholdersShareholder, there is no state of facts or any event forming the basis of any present claim against the Seller, the Business its business or the Transferred Assets not fully covered by insurance, except for deductibles and self-insurance retentions, for personal injury or property damage alleged to be caused by products shipped or services rendered by or on behalf of the Seller.
Appears in 1 contract
Samples: Asset Purchase Agreement (Weatherford International Inc /New/)