Excess Warranty definition

Excess Warranty has the meaning given to this term in Section 12. ---------------
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Excess Warranty. COSTS" has the meaning ascribed to it in Section 5.20(c).
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Examples of Excess Warranty in a sentence

  • Following UNOVA's receipt of such consent by Amtech, such Selling Entity or member of TSG may incur such Excess Warranty Costs, and Amtech shall pay to UNOVA the amount of such Excess Warranty Costs actually incurred by such Selling Entity or member of TSG.

  • In the event either Joint Venturer grants a warranty to any Customer exceeding the foregoing limited warranty (the “Excess Warranty''), the granting Joint Venturer shall indemnify the other Joint Venturer and hold the other Joint Venturer harmless from and against any judgment, damage, liability, or expenses, including reasonable attorney’s fees, arising out of any claim with respect to the breach or alleged breach of such Excess Warranty by the ranting Joint Venturer.

  • Purchaser shall pay the Excess Warranty Holdback Amount (to the extent such amount is a positive number) pursuant to the terms of the Contingent Consideration Note on the August 31, 2011 Installment Due Date.

  • If any of the Selling -------------------------------------- Entities or any member of TSG expects to incur warranty costs on the Thailand, Kansas Turnpike or Georgia 400 contracts, in each case, in excess of the amount of the respective warranty reserves provided for such contracts on the Final Closing Balance Sheet, UNOVA shall request Amtech's prior written consent to incur such costs ("Excess Warranty Costs"), which consent shall not be unreasonably withheld or delayed.

  • Seller’s obligation to pay Buyer for Excess Warranty Service Costs shall survive the Closing and remain in full force and effect until the resolution of all Warranty Claims with respect to products or services shipped by Seller.

  • Buyer will provide to Seller prompt written notice of any Warranty Claims that Buyer could reasonably anticipate would likely result in Excess Warranty Costs, in each case (i) identifying the customer and the underlying Contract, (ii) providing a reasonably detailed description of the Warranty Claim and any investigation or other efforts by Buyer to determine the propriety of such claim, and (iii) if proper, the potential costs of such claim and the method by which Buyer will service such claim.

  • If any of the Selling Entities or any member of TSG expects to incur warranty costs on the Thailand, Kansas Turnpike or Georgia 400 contracts, in each case, in excess of the amount of the respective warranty reserves provided for such contracts on the Final Closing Balance Sheet, UNOVA shall request Amtech's prior written consent to incur such costs ("Excess Warranty Costs"), which consent shall not be unreasonably withheld or delayed.

  • If the Excess Warranty Holdback Amount is zero or a negative number, Purchaser shall have no obligation to pay the Sellers any portion of the Estimated Remaining Return Amount.

  • The Escrow Funds will be reduced to the extent product warranty claims, including, but not limited to, the cost of warranty claims for defective products but excluding warranty claims for product performance issues related to the analog network, during the Escrow Period arising from pre-Closing Date sales of product by Seller exceed FIFTY THOUSAND DOLLARS ($50,000) (the "Excess Warranty Claims").

Related to Excess Warranty

  • Manufacturer’s Warranty means the warranty supplied from time to time by the manufacturer of the Goods as at the date of the acceptance of the Statement of Work; “PPSA” means the Personal Property Securities Xxx 0000; “Price” means the amount specified within each Statement of Work (subject to any Variation) or as otherwise specified from the Company to the Customer representing the cost for the Works; “Related Work” means any additional building, carpentry, painting, plastering, plumbing or other work or other trades that the Customer requires, which are not to be carried out by the Company; “Services” means the services provided by the Company to the Customer as part of the Works, which may include without limitation the installation of Goods; “Services Delay Charge” means the services delay charge (if any) set out in the Statement of Work; “Services Interruption Event” means any interruption to a Works caused by; a Force Majeure Event, the Customer’s failure to carry out or perform any obligation required of it under this agreement which in the sole opinion of the Company does or may cause a delay in the Works and any other matter which in the reasonable opinion of the Company will cause an interruption or delay in the performance of the Works; “Statement of Work” means the details outlining the provision of the Works, which statement can be delivered verbally or in writing (including email) and may include (where applicable) an estimate or quotation (as specifically expressed as the case) of costs; “Variation” means a change in the Statement of Work including the specifications, scope, time of supply, price or scale of the Works and such variation shall form part of this agreement; “Workmanship” means a good and high quality and standard of delivery in connection with the Services performed; “Works” means the supply of Goods and the provision of Services to the Customer as per each Statement of Work;

  • Limited Warranty means the limited warranties and your coverage provided by IKO for your Shingles as expressly set out in this document, and are the only warranties being provided by IKO.

  • Extended Warranty means an agreement for a specified duration to

  • Product Warranty has the meaning set forth in Section 9.3.

  • Warranty means a warranty made solely by the manufacturer,

  • Tax Warranty means a representation or warranty in Sections 3.17 or 3.19.

  • Defects Liability Period means the warranty period following the taking over, during which the Contractor is responsible for making good, defects and damage in Goods and Services provided, under the Contract.

  • Latent Defects means such defects caused by faulty designs, material or work-man- ship which cannot be detected during inspection, testing etc, based on the technology available for carrying out such tests.

  • Warranty Xxxx of Sale means the warranty (as to title) xxxx of sale covering the Aircraft executed by Manufacturer or an affiliate of Manufacturer in favor of Company and specifically referring to each Engine, as well as the Airframe, constituting a part of the Aircraft.

  • Warranty Period /„Maintenance Period‟ shall mean the period during which the Contractor shall remain liable for repair or replacement of any defective part of the Works performed under the Contract.

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • Latent Defect means a defect, inherently lying within the material or arising out of design deficiency, which do not manifest themselves and/or was not reasonably discoverable during Defect Liability period.

  • Seller’s Warranties means the warranties given by the Seller pursuant to Clause 9 and Schedule 9, and “Seller’s Warranty” means any one of them;

  • Representation means any representation as to fact or law, including a representation as to the state of mind of—

  • Purchaser’s Warranties means the warranties of the Purchaser set out in Clause 6.2 and Schedule 2;

  • Warranty Event As to any Asset, the discovery that as of the related Cut-Off Date or Funding Date there had existed a breach of any representation or warranty relating to such Asset and the continuance of such breach through any applicable determination date or beyond any applicable cure period.

  • Defects Liability Certificate means the certificate issued by Architect upon correction of defects by the Contractor.

  • Limitation of Liability Insert the following Section 15, after Section 14: