Common use of Product Warranty; Product Liability Clause in Contracts

Product Warranty; Product Liability. Each product being manufactured by the Company and its Subsidiaries is being manufactured in conformity with all product specifications. Neither the Company nor any Subsidiary has any liability for damages caused by use of any such products or other damages in connection therewith or any other customer or product obligations.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Pharmathene, Inc), Securities Purchase Agreement (Kelisia Holdings LTD), Securities Purchase Agreement (Kelisia Holdings LTD)

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Product Warranty; Product Liability. Each product being manufactured manufactured, sold or delivered by the Company and its or any of the Subsidiaries is being manufactured in conducting business has been in conformity in all material respects with all product specificationsspecifications and all express and implied warranties of the Company or any Subsidiary. Neither the Company nor any Subsidiary of the Subsidiaries has any liability for damages caused by use replacement or repair of any such products or other damages in connection therewith or any other customer or product obligationsobligations not reserved against on the balance sheet (if required to be reserved under GAAP).

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Ares Corporate Opportunities Fund Lp), Preferred Stock Purchase Agreement (Hanger Orthopedic Group Inc)

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