Warranty Cap definition

Warranty Cap. , as used in this clause means the limitation of Contractor liability for warranty costs as they pertain to the EPR values provided in subparagraph (b)(1) below.

Warranty Cap means an amount equal to: (i) the Base Price; (ii) minus the Agreed Allowance; (iii) multiplied by 10%.

Warranty Cap means fourteen million five hundred thousand U.S. dollars ($14,500,000) less the fair market value of spare parts Inventory transferred to Buyer useable to service warranty obligations for Engenio Products listed on Schedule 1.1(b) sold prior to the Closing, which fair market value shall not exceed the dollar amount set forth on Schedule 1.1(d).

Examples of Warranty Cap in a sentence

• The aggregate amounts claimed by the Seller from Barclays under the Asset Warranty Undertaking (minus the aggregate amount of Asset Warranty Undertaking Reimbursement Amounts) may not exceed the Asset Warranty Cap.

• Our intensive sampling program in artificial eelgrass has determined the diel patterns of movement (Publ.

• Such Asset Warranty Undertaking Reimbursement Amounts will (a) not form part of Available Revenue Receipts or Available Principal Receipts and (b) reduce the amount that the Seller has claimed under the Asset Warranty Undertaking (for the purposes of determining whether the Asset Warranty Cap has been met).

• Warranty: Cap will be warranted against any defects in materials or workmanship (misuse, abuse and normalwearexcepted).

• Seller shall pay to Buyer the Warranty Cap amount as set forth on Schedule 2.11.

More Definitions of Warranty Cap

Warranty Cap. An Individual Warrantor's liability to the Investors under or in connection with a Warranty Claim or under clause 7.4 will not exceed, in aggregate, $[insert amount][the Investment Amount]]. THE COMPANY'S OBJECTS AND BUSINESS Primary Objects: The Company's primary objects are to: Business: where consistent with clause 8.1(b) develop and grow the Business in a manner consistent with the Business Plan; and Maximise: maximise the value of the Company.

Warranty Cap means fourteen million five hundred thousand U.S. dollars ($14,500,000) less the fair market value of spare parts Inventory transferred to Buyer useable to service warranty obligations for Engenio Products listed on S chedule 1.1(b) sold prior to the Closing, which fair market value shall not exceed the dollar amount set forth on S chedule 1.1(d).

Warranty Cap has the meaning given to it in Section 9.2.1.

Warranty Cap has the meaning given in Clause 10.1;

Warranty Cap means a sum equal to the Consideration together with all Costs and expenses incurred by the Purchaser as a result of making any Claims; and

Warranty Cap shall have the meaning set forth in Section 12.4(b).

Warranty Cap. As defined in Section 2.5 hereof.