Examples of Warranty Purchaser in a sentence
In the event that Purchaser determines that a claim can be made under this Warranty, Purchaser shall immediately deliver written notification thereof to Risen at the address shown below, specifying each alleged claim (including evidence thereof), the original Purchaser’s proof of purchase, and the corresponding serial number(s) of the affected SPV MODULE(s).
The repurchase price to be paid by any Warranty Purchaser shall be an amount equal to the Warranty Payment.
It is understood and agreed that the obligation of the Warranty Purchaser to repurchase any Receivable as to which a breach has occurred and is continuing shall, if such repurchase obligations are fulfilled, constitute the sole remedy against the Seller, the Servicer or NFC for such breach available to any Interested Party.
The Servicer and the Warranty Purchaser shall deposit in the Collection Account the aggregate Administrative Purchase Payments and Warranty Payments with respect to Administrative Receivables and Warranty Receivables, respectively.
The Administrator or the Warranty Purchaser, as applicable, shall thereupon own such Secured Note, and all such security and documents, free of any further obligations to the AART Indenture Trustee, the AART Owner Trustee, the Noteholders or the Certificateholders with respect thereto.
The repurchase price to be paid by any Warranty Purchaser shall be an amount equal to the Warranty Payment and shall be deposited by the Warranty Purchaser into the Collection Account on the Transfer Date for the related Distribution Date.
Upon the assignment of such Receivable described in the preceding sentence, the Servicer or the Warranty Purchaser, as applicable, shall own such Receivable, and all such security and documents, free of any further obligations to either Trustee or the Securityholders with respect thereto.
If Purchaser believes the Equipment does not comply with this Warranty, Purchaser shall contact CAIRE Customer Service for instructions and shall follow all such instructions.
Except as otherwise provided in this Limited Warranty, Purchaser assumes the risk of damage occurring in the Unit after Closing.
Upon repurchase and payment of such Warranty Payment, the Warranty Purchaser shall be entitled to receive the Released Warranty Amount, if any.