Common use of Product and Service Warranties Clause in Contracts

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.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (Assure Holdings Corp.), Membership Interest Purchase Agreement (TRxADE HEALTH, INC), Membership Interest Purchase Agreement (TRxADE HEALTH, INC)

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Product and Service Warranties. (a) Each product or service sold, licensedmanufactured, distributed, delivered sold, leased, or offered by delivered, and each service provided by, the Company is and its Subsidiaries has been in material conformity with all applicable contractual commitments warranty commitments, all applicable express and all express implied warranties and applicable Law. Except the warranty claims made in all material respects, and Company has no liability (and, to the Knowledge ordinary course of Companybusiness, there is are no basis for any present or future Claim pending warranty claims against the Company giving rise to or any liability) Subsidiary for violations thereof any such products or other damages in connection therewith, subject only to the reserve set forth in the Financial Statementsservices. No product manufactured, distributed, sold, licensedleased, distributed or delivered delivered, and no service provided, by the Company or any Subsidiary is subject to any guaranty, warranty warranty, or other indemnity beyond the applicable standard contractual terms and conditions of sale or lease, except for such guarantees, warranties and indemnities that are all applicable express and implied under applicable law and not disclaimablewarranties.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Advanced Energy Industries Inc)

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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.

Appears in 1 contract

Samples: Securities Purchase Agreement (Zix Corp)

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