Product Liability Claims definition

Product Liability Claims means any claim, action or proceeding based on personal injury, death or other similar adverse effect to humans caused by (or alleged to be caused by) use of the Product.

Product Liability Claims means all liabilities and obligations with respect to any product liability claims (including personal injury claims and property damage claims) arising in connection with the use or operation of any Products manufactured or shipped by Parent, Sellers, the Purchased Entities or any of their respective Affiliates before the Closing.

Product Liability Claims means claims for personal injury or death based on alleged breach of product warranty, strict liability in tort, or negligent product design or manufacture.

Examples of Product Liability Claims in a sentence

• Licensee agrees to defend, indemnify, and hold harmless Caltech, its trustees, officers, faculty and employees from any such Product Liability Claims, provided that: (a) Licensee is notified promptly of any Product Liability Claims; (b) Licensee has the sole right to control and defend or settle any litigation within the scope of this indemnity; and (c) all indemnified parties cooperate to the extent necessary in the defense of any Claims.

• Due, in part, to the potential for complex and extensive litigation on multiple fronts, including with respect to (i) the Product Liability Claims and (ii) valuation of the Debtors’ assets, the Debtors, the Creditors’ Committee and Deerfield participated in extensive negotiations which ultimately led to the Settlement Stipulation.

• Product Liability Claims The Company is exposed to product liability claims that are inherent in the testing, production, marketing and sale of medical devices.

• Reliant shall have responsibility for controlling any litigation, defense or settlement of any such Product Liability Claims.

• Savient shall be solely responsible for all Product Liability Claims that arise out of Non-Conforming Bulk Product in each of the following cases: (A) such non-conformance occurred after the Bulk Product was delivered to Savient or (B) the Non-Conforming Bulk Product was manufactured by BTG in strict adherence with the Process or (C) such Non-Conformance was not the result of a Hidden Defect.

More Definitions of Product Liability Claims

Product Liability Claims has the meaning set forth in Section 13.1

Product Liability Claims has the meaning set forth in Section 6.1(c).

Product Liability Claims shall have the meaning ascribed in Section 8.6(b).

Product Liability Claims has the meaning ascribed to it in Section 2.23.

Product Liability Claims means all liabilities and claims (other than Personal and Property Claims) arising (i) directly under the terms and conditions of the Contracts relating to the Products, (ii) indirectly as a result of the failure, if any, to disclaim warranties arising under Applicable Law or (iii) notwithstanding the contractual terms, as a result of the imposition of warranties under Applicable Law or other obligations arising as a matter of Applicable Law (in each of clause (i) through (iii), taking into account the terms and conditions of such Contracts in effect as of the Closing), in each case, attributable to (A) the material or workmanship of any Product (I) completely manufactured or assembled, (II) completely overhauled, repaired or retrofitted, or (III) sold or provided as a replacement (other than sourced parts sold or distributed as spare parts), in each case prior to Closing, or (B) the design (as the same exists at the Closing) of any Nacelle Major Component manufactured, assembled, sold or provided as a replacement, and as the same may be or have been overhauled, repaired or retrofitted (it being understood that the Person performing any overhaul, repair or retrofit shall be responsible for liabilities and claims attributable to its own defective workmanship or its use of defective materials in connection therewith), if such Product was completely manufactured, assembled, sold or provided as a replacement prior to the Closing or during the one-year period following the Closing.

Product Liability Claims means any and all claims asserted against either Party or its Affiliates, or their respective directors, officers and agents, arising out of or relating to any VIDAS Products,VIDAS Instrumentation, and Key Biochemistry Components manufactured sold or distributed by the Parties hereunder, including, but not limited to, claims based on strict liability in tort, negligence or breach of express or implied warranty and claims for exemplary and consequential damages, in cases in which it is alleged that personal injury, death or property damage was caused by a defect in design, material or manufacture.

Product Liability Claims shall have the meaning set forth in Section 9.7.