Guarantee Waiver Clause Samples
A Guarantee Waiver clause serves to release one or more parties from any obligations or liabilities that would otherwise arise under a guarantee. In practice, this means that a guarantor is not required to fulfill the obligations of the primary debtor if certain conditions are met, or the guarantee is expressly waived by the parties involved. This clause is commonly used to limit the exposure of guarantors and clarify that no further claims can be made against them under the guarantee. Its core function is to allocate risk by ensuring that guarantors are not held responsible beyond the agreed terms, thereby providing certainty and limiting potential liability.
Guarantee Waiver. For the purpose of applying this Technical Annex, national railway companies of the Parties shall be exempted from the obligation to furnish a guarantee.
Guarantee Waiver. In the event that Licensee pays Licensor [***] in royalties by end of the [***] , Guarantee Minimum Royalties for years three and four shall be waived.
Guarantee Waiver. All property is offered for sale as-is, where-is. San ▇▇▇▇▇▇ Unified School District # 20 makes no warranty, guaranty or representation of any kind, expressed or implied, as to the condition, usability, value, merchantability, authenticity, or fitness for any purpose of the property offered for sale. Some or all items may have been declared unsafe in their present condition by a federal or state safety standard. Buyers should inspect and, if necessary, repair/test all items prior to any use. Buyer is not entitled to any payment for loss of profit or any other money damages, including but not limited to special, direct, indirect, or consequential damages.
Guarantee Waiver. All property is offered for sale as-is, where-is. West-MEC makes no warranty, guarantee or representation of any kind, expressed or implied, as to the condition, usability, value, merchantability, authenticity, or fitness for any purpose of the property offered for sale. Some or all items may have been declared unsafe in their present condition by a federal or state safety standard. Buyers should inspect and, if necessary, repair/test all items prior to any use. Buyer is not entitled to any payment for loss of profit or any other money damages, including but not limited to special, direct, indirect, or consequential damages.
Guarantee Waiver. All property is offered for sale asis, whereis. EOU makes no warranty, guaranty or representation of any kind, expressed or implied, as to the condition, usability, value, merchantability, authenticity, or fitness for any purpose of the property offered for sale. Some or all items may have been declared unsafe in their present condition by a federal or state safety standard. Defects not listed/shown/known may exist. Buyers should inspect and, if necessary, repair/test all items prior to any use. Buyer is not entitled to any payment for loss of profit or any other money damages, including but not limited to special, direct, indirect, or consequential damages. All sales are final, no refunds. No Description Warranty. EOU is not responsible for any omissions or errors in description of items being offered for sale. It shall be the bidder's responsibility to inspect and satisfy him or herself as to the details and conditions of the item offered before entering a bid. EOU does not attest to the authenticity of any item. Indemnification. Bidder agrees for and on behalf of bidder, bidder's heirs, successors and assigns that bidder shall indemnify and hold EOU harmless from and against any claim, demand or cause of action arising or alleged to have arisen out of the sale or failure to sell any item of surplus property including claims for personal or bodily injury, death or contract damages. Consideration of Bid. EOU reserves the right to reject any and all bids and to withdraw from sale any of the items listed before a notice of award is delivered.
Guarantee Waiver. All property is sold and conveyed to the buyer USED, "AS IS, WHERE IS". ALL SALES ARE FINAL, NO RETURNS, OR ADJUSTMENTS. The Buyer is not entitled to any payment for loss of profit or any other money damages – special, direct, indirect, or consequential. The Library, as Seller, hereby expressly disclaims all warranties, either express or implied, including implied warranty of merchantability or fitness for a purpose, and neither assumes nor authorizes other person(s) to assume for it, any liability in connection with the sale of said Property. There are no guarantees, express or implied as to condition, usability, merchantability, or fitness for a particular purpose. Property sold is not subject to any breach of guarantee, specifications, warranties, express or implied, as to the quality or kind of any such product.