Common use of Warranties; Product Liability Clause in Contracts

Warranties; Product Liability. All goods and products manufactured or repaired by the Company in the Business were manufactured or repaired, as the case may be, in compliance with all contractual requirements, all applicable federal and state laws, rules and regulations and applicable underwriters and industry standards and codes, if any, except for such noncompliance as would not have an adverse effect on the value or use of such goods and products or the adequacy of such repairs. Except as noted in Schedule 4.24, there is not presently any action, suit, proceeding, claim or investigation pending or, to the Company's knowledge, threatened against the Company for Product Liabilities or otherwise relating to the safety or fitness or quality of the goods or products manufactured or repaired by the Company.

Warranties; Product Liability. All goods and products manufactured or repaired by the Company Seller in the Business were manufactured or repaired, as the case may be, in compliance with all contractual requirements, all applicable federal and state laws, rules and regulations and applicable underwriters and industry standards and codes, if any, except for such noncompliance as would not have an a material adverse effect on the value or use of such goods and products or the adequacy of such repairs. Except as noted in Schedule 4.244.23(a), there is not presently any action, suit, proceeding, claim or investigation pending or, to the CompanySeller's knowledgeKnowledge, threatened against the Company Seller for Product Liabilities or otherwise relating to the safety or fitness or quality of the goods or products manufactured or repaired by the CompanySeller and Seller does not know of any basis for any such action, suit, proceeding, claim or investigation.