Common use of Occurrences Clause in Contracts

Occurrences. Except as disclosed on Schedule 6.31, there have been no Occurrences within the last five years. For purposes of this Section 6.31.3, "Occurrence" shall mean any occurrence which is caused or allegedly caused by any defect in, or failure to warn or any breach of express or implied warranties or representations with respect to, a Product manufactured, shipped, sold or delivered by the Company or any of the Subsidiaries which results or is alleged to have resulted in injury or death to any Person or damage to or destruction of property (including damage to or destruction of the Product itself) or other consequential damages.

Appears in 1 contract

Sources: Stock Purchase Agreement (Stellex Industries Inc)

Occurrences. Except as disclosed on Schedule 6.316.36, there have been no Occurrences within the last five years. For purposes of this Section 6.31.36.36.3, "Occurrence" shall mean any occurrence which is caused or allegedly caused by any defect in, or failure to warn or any breach of express or implied warranties or representations with respect to, a Product manufactured, shipped, sold or delivered by the Company or any of the Subsidiaries Sellers with respect to the Business which results or is alleged to have resulted in injury or death to any Person or damage to or destruction of property (including damage to or destruction of the Product itself) or other consequential damages.

Appears in 1 contract

Sources: Asset Purchase Agreement (Flight International Group Inc)