Claim Policy Sample Clauses

Claim Policy. Whether to repair or replace the Product will be determined by Aobo in its sole discretion. Claims under this warranty must be made from authorized distributor whom the product was purchased. Meanwhile, you must notify your distributor or AOBO of a claim by: - Give a call or E-mail to your distributor; - Contract with AOBO hotline or Email us directly. within 48 hours of a faulty discovered. The following items must be included: - The original purchase receipt or equal valid document; - Description of the alleged defect(s) to your distributor or AOBOET after service hot line or send email to AOBOET; - The product’s serial number and the initial installation date. If you suspect the battery to be faulty, the unit should be returned to appointed distributor at the cost of the customer at approved costs. Having been checked by designated expert, if the unit is deemed faulty, we will dispatch a REPLACEMENT or FIXED unit and would credit the cost of returning the unit to us for testing (based on standard acceptable logistical costs).
Sample 1
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Claim Policy. Claims under this warranty must be made from authorized distributor from whom the product was purchased. Meanwhile, you must notify your distributor or AOBO of a claim by: - Phone call or E-mail to your distributor; - Contract with AOBO hotline or Email us directly. within 48 hours of a faulty discovered. The following items must be included: • The original purchase receipt or equal valid document; • Description of the alleged defect(s) to your distributor or AOBOET after service hot line or send email to AOBOET; • The product’s serial number and the initial installation date.
Sample 1
Claim Policy. In the event that (a) due to a breach by the Partnership ------------ of the warranty set forth in Section 7.2, ISC or a customer of ISC rejects, in ----------- whole or in part, any Coated ISC Substrate or Finished Substrate, or the Partnership (b) damages, destroys or loses ISC Inventory (other than normal scrap), (c) through improper processing, storage, clerical or other error causes ISC Inventory (other than normal scrap) to lose value, (d) fails to correct or report to ISC any defects in or affecting ISC Inventory that are reasonably discoverable by the Partnership in the course of its operations, whether such defects are caused by ISC, the Partnership or another party, then the Partnership shall reimburse ISC for the value lost to such Coated ISC Substrate, Finished Substrate or ISC Inventory ("Claim Product") in accordance with the requirements of Attachment VIII and shall remove such rejected Coated ISC --------------- Substrate and/or Finished Substrate in accordance with the requirements of Attachment X. "Value lost" shall be determined by taking the difference between ------------ the value of the uncoated substrate, processing fees, and freight less the subsequent sales price of the Claim Product. The parties will, with due diligence, work amicably together to resolve disputes over the underlying cause of such Claim Product defects. The Partnership's obligation as set forth herein shall not terminate until the buyer has accepted such Claim Product or has waived such acceptance. The Partnership shall be similarly liable for "value lost" on ISC Substrate obviously damaged during transit to the Facility only if the Partnership fails to comply with the inbound inspection requirements pursuant to Attachment II and ISC is unable to recover the "value lost" from the -------------- carrier due to a lack of proper inbound inspection documentation by the Partnership.
Sample 1
Claim Policy. In the event that: (a) due to a breach by MSCWC of the warranty set forth in Section 7.02, ISG or a customer of ISG rejects, in whole or in part, any Coated ISG Substrate or Finished Substrate; (b) MSCWC damages, destroys or loses ISG Inventory (other than normal scrap); (c) improper processing, storage, clerical or other error on the part of MSCWC causes ISG Inventory (other than normal scrap) to lose value; or (d) MSCWC fails to correct or report to ISG any defects in or affecting ISG Inventory that are reasonably discoverable by MSCWC in the course of its operations, whether such defects are caused by ISG, MSCWC or another party; then MSCWC shall reimburse ISG for all fees for Coating Services associated with such Coated ISG Substrate, Finished Substrate or ISG Inventory ("Claim Product"). The parties shall, with due diligence, work amicably together to resolve disputes over the underlying cause of such Claim Product defects. MSCWC's obligation as set forth herein shall not terminate until a buyer has accepted such Claim Product or has waived such acceptance as a condition for payment for such Claim Product by such buyer. ISG's rights under this Section 6.09 shall be its exclusive remedy for Claim Product and in no event shall MSCWC be liable for any consequential damages or lost profits.
Sample 1
Claim Policy. Claims under this warranty must be made from authorized distributor whom the product was purchased. Meanwhile, you must notify your distributor or OUCO of a claim by: -Give a call or E-mail to your distributor; -Contract with OUCO hotline or Email us directly. within 48 hours of a faulty discovered. Besides, those following items must be included: -The original purchase receipt or equal valid document; -Description of the alleged defect(s) to your distributor or OUCO after service hot line or send email to OUCO; -The product’s serial number and the initial installation date.
Sample 1

Related to Claim Policy

  • R&W Policy Concurrently with the execution and delivery of this Agreement, Buyers have delivered to Sellers’ Representative a duly executed binder agreement (the “Binder Agreement”) by and between Buyers and AIG Specialty Insurance Company, an Illinois corporation, with respect to the delivery of an insurance policy with respect to the representations and warranties of Sellers under this Agreement (the “R&W Policy”) at the Closing, which Binder Agreement shall not be amended in a manner that adversely affects Sellers without the prior written consent of Sellers’ Representative (such consent not to be unreasonably withheld, conditioned or delayed); provided, that the parties hereto agree that any version of the R&W Policy and Binder Agreement delivered to Sellers’ Representative shall not include Annex A or Annex B referenced therein. Buyers and its Affiliates shall not amend, waive, or otherwise modify the subrogation provision under the R&W Policy in any manner that would allow the insurer thereunder to subrogate or otherwise make or bring any action against the Sellers (other than any claim for Fraud of any Seller). The policy provider of the R&W Policy has agreed that the R&W Policy will expressly provide that the policy provider shall not have the right to, and will not, pursue any subrogation rights or contribution rights or any other claims against any Seller or any of the Sellers’ Parties in connection with any claim made by any Buyers’ Indemnified Party thereunder, other than for Fraud, and that such provision of the insurance policy may not be amended without the prior written consent of Sellers’ Representative. Sellers shall pay, cause to be paid or reimburse Buyers for all costs and expenses related to the R&W Policy, including the total premium, underwriting costs, brokerage commissions, and other fees and expenses of such policy, provided that such amounts shall be without duplication to those otherwise included in Transaction Expenses.

  • R&W Insurance Policy Purchaser shall use its reasonable best efforts to bind the R&W Insurance Policy at or prior to the Closing. Purchaser shall use reasonable best efforts to take all actions necessary to complete the applicable conditions in the conditional binder (other than the condition that the Closing has occurred, to which this sentence does not apply) to the R&W Insurance Policy within the times set forth therein to maintain the R&W Insurance Policy in full force and effect. Following the final issuance of the R&W Insurance Policy, Purchaser agrees to use reasonable best efforts to keep the R&W Insurance Policy in full force and effect for the policy period set forth therein. Purchaser shall provide a copy of the R&W Insurance Policy to Seller upon request. Purchaser agrees that the R&W Insurance Policy shall expressly exclude any right of subrogation against Seller and its Affiliates and their respective officers, directors and employees (except in the case of Fraud), and neither Purchaser nor its Affiliates shall amend or waive such subrogation provisions without Seller’s prior written consent. The Parties acknowledge that Purchaser obtaining the R&W Insurance Policy is a material inducement to Seller entering into the transactions contemplated by this Agreement, and Seller is relying on Purchaser’s covenants and obligations set forth in this Section 5.15(a). The R&W Insurance Policy may not be amended or waived by Purchaser or its Affiliates in any manner that is adverse to Seller or any of its Affiliates without Seller’s prior written consent. At or promptly following the Closing, Seller shall deliver to Purchaser or its Representatives, as reasonably requested by Purchaser, a digital copy of all documents and other information uploaded to the virtual data room established by Seller and its Representatives and to which Purchaser and its Representatives have been granted access as part of their due diligence of the transactions contemplated hereby (the “Data Room”).

  • D&O Policy The Company shall, from time to time, make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the directors and officers of the Company with coverage for losses from wrongful acts, or to ensure the Company’s performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage. In all policies of director and officer liability insurance, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s directors, if Indemnitee is a director; or of the Company’s officers, if Indemnitee is not a director of the Company but is an officer; or of the Company’s key employees, if Indemnitee is not an officer or director but is a key employee. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount of coverage provided, if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a parent or subsidiary of the Company.

  • Insurance Policy The Employer agrees to remit to the Union an amount to be applied toward the payment of a premium by the Union for an insurance policy which provides a defense attorney to represent all members of the bargaining unit when they are charged with a criminal act that results from events occurring while the bargaining unit member was acting in an official capacity. The maximum amount payable during the term of the Agreement shall be seven dollars ($7.00) per member per month.

  • Life Insurance Policy In addition to the insurance coverage contemplated by Section 4(e), during the Employment Term the Company shall maintain in effect term life insurance coverage for the Executive with a death benefit of at least Five Hundred Thousand Dollars ($500,000), subject to the Executive's insurability at standard rates and with the beneficiary or beneficiaries, thereof designated by the Executive. Notwithstanding Section 9 of this Agreement, such life insurance policy or policies may be assigned to a trust for the benefit of any beneficiary designated by the Executive.

  • Recoupment Policy Executive agrees that Executive will be subject to any compensation clawback or recoupment policies that may be applicable to Executive as an employee of the Company, as in effect from time to time and as approved by the Board or a duly authorized committee thereof, to comply with the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Title Insurance Policy In all cases, the Seller undertakes to remove any encumbrance that will materially interfere with the procurement of a title insurance policy or financing necessary for the purchase of the Property, whether the same is included in the above enumeration or not. Further, the Seller undertakes to, in good faith, cooperate with and assist the Buyer fully in obtaining a title insurance policy. The Seller shall be obligated to take all legal and reasonably necessary action in order to procure such title insurance policy but shall not incur any additional liability in relation thereto. If the title to the Property is not in a condition that is compliant with the above, if the Seller fails or refuses to comply with the Seller’s obligations under this section, or if the Parties are unable to obtain a title insurance policy, the Buyer may, in the Buyer’s sole discretion, accept the title as it is and proceed with the purchase under this Agreement, or terminate this Agreement and recover the Xxxxxxx Money, costs incurred in relation to this Agreement and .

  • Indemnification; Liability Insurance The Company and Executive shall enter into the Company’s standard form of indemnification agreement governing his conduct as an officer and director of the Company.

  • Insurance Indemnification A. The School agrees to provide the following proof of insurance:

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