Product and Service Warranties. Each product or service sold, licensed, distributed, delivered or offered by the Company is in conformity with all applicable contractual commitments and all express warranties in all material respects, and Company has no liability (and, to the Knowledge of Company, there is no basis for any present or future Claim against the Company giving rise to any liability) for violations thereof or other damages in connection therewith, subject only to the reserve set forth in the Financial Statements. No product sold, licensed, distributed or delivered by the Company is subject to any guaranty, warranty or other indemnity beyond the applicable standard terms and conditions of sale or lease, except for such guarantees, warranties and indemnities that are implied under applicable law and not disclaimable.
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Sources: Membership Interest Purchase Agreement (Scienture Holdings, Inc.), Stock Purchase Agreement (Scienture Holdings, Inc.), Membership Interest Purchase Agreement (Assure Holdings Corp.)
Product and Service Warranties. Each product or service sold, licensed, distributed, delivered or offered by the Company or its Subsidiaries is in conformity with all applicable contractual commitments and all express warranties in all material respectswarranties, and none of the Company or its Subsidiaries has no liability (andany liability, to the Knowledge of Company, and there is no basis for any present or future Claim against the Company or any of its Subsidiaries giving rise to any liability) , for violations thereof or other damages in connection therewith, subject only to the reserve set forth in the Financial Statements. No product sold, licensed, distributed or delivered by the Company or any of its Subsidiaries is subject to any guaranty, warranty or other indemnity beyond the applicable standard terms and conditions of sale or lease, except for such guarantees, warranties and indemnities that are implied under applicable law and not disclaimable.
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