Product Liability and Warranty Claims. At the Closing, Buyer shall assume and agree to perform and discharge all product liability and warranty claims (including claims for injury to person or property) and litigation relating to the Business conducted by Buyer and arising from products sold after the Closing Date.
Product Liability and Warranty Claims. Except as set forth on Section 4.23 of the Seller Disclosure Letter, to the Knowledge of Seller, as of the date hereof, there is no (i) product liability claim or (ii) claim for breach of warranty, or failure to meet product or service specifications, in each case for damages in excess of $300,000, with respect to products produced or sold and services provided by the Business (other than claims that are Excluded Liabilities in accordance with Section 2.3(b)(vii)).
Product Liability and Warranty Claims. At the Closing, Buyer shall assume and agree to perform and discharge all product liability and warranty claims (including claims for injury to person or property) and litigation relating to the business conducted by Buyer and arising from products sold after the Closing Date; Seller shall retain responsibility for such claims and litigation relating to products sold by Seller or any predecessor of Seller's Business on or prior to the Closing Date (except such warranty claims in the ordinary course of business), unless arising from Buyer's improper actions after the Closing Date.
Product Liability and Warranty Claims. (a) There is no Liability of the Group Companies arising out of Product Liability Claims against any Group Company in respect of products sold or developed prior to the Closing Date. No products other than IT security products or software have been sold or developed prior to the Closing Date. No callback (Rückruf) of any IT security product series or software release sold by any Group Company has occurred after December 31, 2001.
Product Liability and Warranty Claims. Except as set forth on Schedule 4.1(x), there are no liabilities of or claims against Solsource or the Solsource Shareholders, and no liabilities or claims are threatened against Solsource or the Solsource Shareholders, with respect to any product liability (or similar claim) or product warranty (or similar claim) claim that relates to any product manufactured or sold by Solsource or the Solsource Shareholders in the operations of Solsource, except for standard warranty and maintenance obligations made in the ordinary course of the operations of Solsource to purchasers of its products and services. To the best of its knowledge, there are no facts or circumstances which might reasonably give rise to any such material liabilities or claims, except for such standard warranty and maintenance obligations.
Product Liability and Warranty Claims. Annex 9.2.15 Exceptions to Ordinary Course of Operation Annex 9.2.18 Loss of Assets and Limitation on Disposition Annex 9.4 Persons with Actual Knowledge (Seller’s Knowledge) Annex 11.2 Exceptions to Tax Filings and Payment
Product Liability and Warranty Claims. Buyer and Seller mutually agree as follows: 12.7.1
Product Liability and Warranty Claims. No claim, which could result in a Material Adverse Effect in respect of any product, manufactured or sold or any service delivered by a Group Company is unsettled or is subject to any dispute between a Group Company and any third party. To Sellers’ Knowledge, there are no threatened warranty or product liability claims or any series defect with respect to any such product or service, which could reasonably be expected to have a Material Adverse Effect.
Product Liability and Warranty Claims. Any Obligations of Seller arising from product warranties or product liability claims with respect to the Products invoiced, sold or shipped by Seller on or prior to the Closing Date.
Product Liability and Warranty Claims. Except as set forth on Schedule 3.29, there are no material product liability or warranty claims pending or, to the knowledge of each Company, threatened in writing against such Company or any of its Subsidiaries that (i) are not covered by insurance (other than deductibles or self-retention amounts under such insurance policies) and (ii) which such Company reasonably expects will result in costs or damages to the Company in excess of $250,000 individually.
