Common use of Product Liability Clause in Contracts

Product Liability. None of the Company and its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its Subsidiaries.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Gca I Acquisition Corp), Agreement and Plan of Merger (Gca Ii Acquisition Corp), Agreement and Plan of Merger (Gca I Acquisition Corp)

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Product Liability. None To the knowledge of the Company, neither the Company and nor any of its Subsidiaries has any material liability (whether known or unknownabsolute, whether asserted or unassertedaccrued, whether absolute or contingent, whether accrued determined, determinable or unaccrued, whether liquidated or unliquidated, and whether due or to become dueotherwise) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, leased or delivered by the Company or any of the Company and its Subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Datalink Corp), Agreement and Plan of Merger (JDS Uniphase Corp /Ca/)

Product Liability. None of the Company and its Subsidiaries has The Group does not have any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product heretofore manufactured, sold, leased, or delivered by any of the Company and its SubsidiariesGroup.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Globespan Inc/De), Asset Purchase Agreement (Pairgain Technologies Inc /Ca/)

Product Liability. None of the The Company and its Subsidiaries has any material liability does not have Liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its Subsidiariesproperty.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (International Packaging & Logistics Group Inc.)

Product Liability. None To the Knowledge of the Company and its Subsidiaries Seller, none of the Acquired Companies has any material liability (whether known known, or unknown, whether asserted asserted, or unasserted, whether absolute or contingentcontingent material liability, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its SubsidiariesAcquired Companies.

Appears in 2 contracts

Samples: Stock Purchase Agreement (SecureAlert, Inc.), Stock Purchase Agreement

Product Liability. None of Neither the Company and nor its Subsidiaries has ----------------- any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, leased or delivered by the Company or any of the Company and its Subsidiaries.

Appears in 2 contracts

Samples: Underwriting Agreement (Coyote Sports Inc), Underwriting Agreement (Coyote Sports Inc)

Product Liability. None of the The Company and its Subsidiaries has any material liability no Liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its SubsidiariesCompany.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Boxlight Corp), Share Purchase Agreement (Protea Biosciences Group, Inc.)

Product Liability. None To the Knowledge of the Company, neither the Company and nor any of its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property or damages to business operations as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, leased or delivered by the Company or any of the Company and its Subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Computer Network Technology Corp), Agreement and Plan of Merger (McData Corp)

Product Liability. None of the Company and its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) Liability arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Heilig Meyers Co)

Product Liability. None of Neither the Company and nor any of its Subsidiaries has any material liability Liability (whether known and there is no Basis for any present or unknownfuture action, whether asserted suit, proceeding, hearing, investigation, charge, complaint, claim, or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or demand against any of them giving rise to become dueany material Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any the Sellers in connection with the operation of the business of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Contribution and Merger Agreement (JWC Acquisition Corp.)

Product Liability. None of the The Company and its Subsidiaries has does not have any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, sold or delivered licensed by any of the Company and its SubsidiariesCompany.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pivotal Corp)

Product Liability. None of the The Company and its Subsidiaries has any material liability does not have Liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, leased or delivered by any of the Company and its SubsidiariesCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fashion Net Inc)

Product Liability. None of the The Company and its Subsidiaries has does not have any material liability (whether known or known, unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or damage to tangible property in any case as a result of the ownership, possession, possession or use by any third party of any product manufactured, sold, leased, sold or delivered leased by any of the Company and its Subsidiariesprior to the Closing Date.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (One Stop Systems, Inc.)

Product Liability. None of the The Company and its Subsidiaries has any material liability no Liability (whether ----------------- known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its SubsidiariesCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Jackson Products Inc)

Product Liability. None of Neither the Company and nor any of its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company or any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Stryker Machining Facility Co)

Product Liability. None of Neither the Company and nor its Subsidiaries Subsidiary has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and or its SubsidiariesSubsidiary.

Appears in 1 contract

Samples: Underwriting Agreement (Hat World Corp)

Product Liability. None of the The Acquired Company and its Subsidiaries has any material liability no Liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its SubsidiariesAcquired Company.

Appears in 1 contract

Samples: Securities Purchase Agreement

Product Liability. None of the Company and or its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) Liability arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactureddeveloped, sold, leased, licensed or delivered by the Company or any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Merge Healthcare Inc)

Product Liability. None The Company does not have any liability in excess of the Company and its Subsidiaries has any material liability Threshold Amount (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or operation, and/or use of any product or other goods manufactured, sold, leased, or licensed and/or delivered by any of the Company and its SubsidiariesCompany.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sutron Corp)

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Product Liability. None Neither Company nor any of the Company and its Subsidiaries has any material liability Liability (whether known and, to the Knowledge of any Seller, Company or unknownits Subsidiaries, whether asserted there is no Basis for any present or unassertedfuture action, whether absolute suit, proceeding, hearing, investigation, charge, complaint, claim, or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or demand against any of them giving rise to become dueany Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by Company or any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Group Simec Sa De Cv)

Product Liability. None To the Knowledge of the Company, neither the Company and its nor any of the Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product designed, manufactured, soldassembled, leasedrepaired, maintained, delivered, sold or installed, or delivered services rendered, by or on behalf of the Company or any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Securities Purchase Agreement (Veeco Instruments Inc)

Product Liability. None of the Company and its Subsidiaries Acquired Companies has any material liability Liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, leased or delivered by any of the Company and its SubsidiariesAcquired Companies.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lmi Aerospace Inc)

Product Liability. None Neither FIND nor any of the Company and its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by either FIND or any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Findex Com Inc)

Product Liability. None of the Company and its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) exceeding $50,000 individually or in the aggregate arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company or any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hartley Controls Corp)

Product Liability. None of Neither the Company and nor any of its Subsidiaries has any material liability Liability (whether known and there is no reasonable basis for any present or unknownfuture action, whether asserted suit, proceeding, hearing, investigation, charge, complaint, claim, or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or demand against any of them giving rise to become dueany material Liability) arising out of any injury to individuals or property as a result of the ownership, possession, possession or use of any product manufactured, sold, leased, or delivered by the Company or any of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Entegris Inc)

Product Liability. None of the The Company and its Subsidiaries has does not have any known material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its SubsidiariesCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Salona Global Medical Device Corp)

Product Liability. None of the The Company and its Subsidiaries has any material no liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownershipinjury, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its Subsidiaries.to

Appears in 1 contract

Samples: Stock Purchase Agreement (Adaptec Inc)

Product Liability. None of the The Company and its Subsidiaries has any material no liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) exceeding $50,000 individually or in the aggregate arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company and its SubsidiariesCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Neenah Foundry Co)

Product Liability. None To the Knowledge of Company, neither the Company and nor any of its Subsidiaries has any material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by the Company or any of its Subsidiaries that would be material to the Company and its SubsidiariesSubsidiaries as a whole.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TBC Corp)

Product Liability. None of the Company Buyer and its Subsidiaries has any ------------------ material liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any product manufactured, sold, leased, or delivered by any of the Company Buyer and its Subsidiaries.. (xxi)

Appears in 1 contract

Samples: Stock Exchange Agreement (Sequiam Corp)

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