Merchantability definition

Merchantability. OR "SUITABILITY" OR "FITNESS FOR A PARTICULAR PURPOSE" OR "NONINFRINGEMENT" OF ANY PATENT, COPYRIGHT OR OTHER INTELLECTUAL PROPERTY RIGHT. WE WILL NOT BE RESPONSIBLE FOR ANY LOSS, DAMAGE, OR INJURY TO YOU OR ANYBODY ELSE AS A RESULT OF ANY DEFECTS, HIDDEN OR OTHERWISE, IN THE EQUIPMENT UNDER "STRICT LIABILITY" LAWS OR ANY OTHER LAWS. WE WILL NOT BE RESPONSIBLE FOR ANY INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES, LOSS OF PROFITS OR GOODWILL. WE MAKE NO WARRANTY AS TO THE TREATMENT OF THIS LEASE FOR TAX OR ACCOUNTING PURPOSES. If the Equipment is unsatisfactory, you will continue to pay us all rent and other amounts you are required to pay us. You must seek repair or replacement of the Equipment solely from the Manufacturer or Supplier and not from us. You may use our rights under any Manufacturer or Supplier warranties on the Equipment to get it repaired or replaced. Neither the Manufacturer nor the Supplier is our "agent," so they cannot speak for us and they are not allowed to make any changes in this Lease or any Schedule, or give up any of our rights.
View Source
Merchantability means to pass without objection in trade under the terms of this Agreement; be fit for the ordinary purposes for which goods under this Agreement are used; run, within the variations permitted by this Agreement, of even kind, quality and quantity within each unit and among all units involved; and be adequately contained, packaged, and labeled as this Agreement may require.
View Source
Merchantability means that the Unit is fit for the ordinary purpose for which such goods are used. Offeror expressly disclaims any implied warranty of merchantability in exchange for granting this Option and in exchange for the promises set forth in Section 4, Offeror’s Promises, and Section 5, Offeree’s Promises.
View Source

Examples of Merchantability in a sentence

  • PayPal specifically disclaims any implied warranties of: • Title, • Merchantability, • Fitness for a particular purpose, • Non-infringement.

  • PayPal specifically disclaims any implied warranties of: • Title; • Merchantability; • Fitness for a particular purpose; and • Non-infringement.

  • We also provide no Warranty of Merchantability, Warranty of Fitness for Particular Purpose, or warranty against non-infringement of third-party rights regarding any software, browser, equipment, or other services.

  • Any warranties so provided shall supplement, and shall not limit or reduce, any rights afforded to County by any clause in this Agreement, any applicable Uniform Commercial Code warranties, including, without limitation, Implied Warranty of Merchantability and Implied Warranty of Fitness for a Particular Purpose as well as any other express warranty.

  • PayPal specifically disclaims any implied warranties of: • Title; • Merchantability; • Fitness for a particular purpose; and • non-infringement.

  • Merchantability of the title shall be determined in accordance with the Standards of Title Examination adopted by the Ohio State Bar Association.

  • All Warranties Of Merchantability And Fitness For A Particular Purpose Are Hereby Expressly Disclaimed.

  • The Voice Bank Is Provided "As Is" Without Express Or Implied Warranties, Including Warranties Of Satisfactory Quality, Performance, Merchantability, Fitness For A Particular Purpose, And Noninfringement.

  • UHD makes no warranties, expressed or implied, as to any matter whatsoever, including without limitation the condition of the research or any Invention(s), product(s) or property(ies) of any kind, whether tangible or intangible, conceived, discovered or developed under this Agreement, or the ownership, Merchantability or Fitness for a Particular Purpose of the research, or any such Invention(s), product(s) or property(ies).

  • Any warranties so provided shall supplement, and shall not limit or reduce, any rights afforded to Buyer by any clause in this Agreement, any applicable Uniform Commercial Code warranties, including, without limitation, Implied Warranty of Merchantability and Implied Warranty of Fitness for a Particular Purpose as well as any other express warranty.


More Definitions of Merchantability

Merchantability means it is guaranteed to work as claimed. For instance, a vacuum cleaner that does not create enough suction to clean an average floor is in breach of the implied warranty of merchantability. “Merchantable” means the inclusion of the following criteria: (i) They must conform to the standards of the trade as applicable to the contract for sale; (ii) They must be fit for the purposes such goods are ordinarily used, even if the buyer ordered them for use otherwise; (iii) They must be uniform as to quality and quantity, within tolerances of the contract for sale; (iv) They must be packaged and labeled per the contract for sale; (v) They must meet the specifications on the package labels, even if not so specified by the contract for sale.
View Source
Merchantability. As per section 16(3), if the goods are sold on the basis of description, there is a tacit condition that these are of merchantable quality.
View Source
Merchantability means that there is no defect in the goods, which renders them unfit for sale. Thus,
View Source

Related to Merchantability

  • Warranty means a warranty made solely by the manufacturer,

  • Manufacturer Warranty means the 3-year/60,000 mile (whichever comes first) warranty that

  • Warranty Rights means the Warranty Rights as described in Schedule I to the Participation Agreement.

  • 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.

  • Express warranty means an express warranty as set forth in sections 4-2-313 and 4-2.5-210, C.R.S. An express warranty shall cover every part of a new wheelchair except the tires and batteries.