Seller's Warranty Work Sample Clauses

Seller's Warranty Work. After the Date of Closing, Seller shall remain responsible for the cost of any claims made by its customers under warranties granted by the Seller to its customers at or prior to the Date of Closing. Subsequent to the Date of Closing, Buyer shall notify Seller, in writing, that such warranty claims have been raised by customer and Seller shall have the option of supplying the labor and materials under such warranties or authorizing the Buyer, in writing, to perform such warranty work, in which event, Seller shall pay Buyer upon demand for the cost of such work. As used herein, the cost of such work to be charged to the Seller by the Buyer, shall mean the cost to the Buyer at its internal cost rate at ninety Dollars ($90.00) per hour plus internal parts at internal parts cost needed to complete the job;
AutoNDA by SimpleDocs
Seller's Warranty Work. At Seller's request and for a period of no more than five (5) years commencing on the Closing Date, Buyer agrees to perform Seller's warranty work arising out of Seller's conduct of the Business prior to the Closing, subject to the conditions set forth below. Seller shall deliver to Buyer a notice describing in reasonable detail the warranty work to be performed by Buyer, which notice shall be delivered to Buyer no later than fifteen (15) Business Days prior to the date any such work must be performed. In addition, Buyer's obligations to provide such Seller's warranty work are subject to (i) Buyer's other commitments and obligations (to be determined in Buyer's sole discretion), or (ii) availability of personnel and material, and shall be performed at Buyer's then prevailing prices, subject to site- or job-specific conditions that may affect pricing for such work.
Seller's Warranty Work. All warranty work required on products of Seller relating to Assumed Contracts that were completed and fully paid prior to Closing are referred to herein as “Seller’s Warranty Work”. Seller’s Warranty Work shall be performed by Purchaser’s personnel, and all charges for, and the value of, such work shall be calculated utilizing Purchaser’s standard time-and-materials basis in effect at the time of the work performed. The first $62,500 of Seller Warranty Work (“Warranty Bucket”) shall be performed by Purchaser, without reimbursement from Seller. The Purchaser shall submit to Seller a statement for all such work, which shall be credited against the Warranty Bucket. After the completion of the first $62,500 in Seller Warranty Work by Purchaser, all other Seller Warranty Work, exceeding the Warranty Bucket, shall be performed by Purchaser and the cost of such work (determined upon Purchaser’s then standard time-and-materials basis) shall be promptly paid to Purchaser by Seller upon presentation of an invoice to Seller for such amount, or at the election of Seller, deducted proportionately from the then principal balances due of the Seller Notes. Seller shall indemnify Purchaser from and against any Liability, Loss, damage, Claim, cost or expense arising from Seller’s Warranty Work (save and except for (i) the Seller’s Warranty Work that is to be paid from the Warranty Bucket as required herein or (ii) any Liability, Loss, damage, Claim, cost or expense arising from the negligence or malfeasance of the Purchaser).

Related to Seller's Warranty Work

  • Warranty Work Failure by the Contractor to take corrective action within twenty four (24) hours after personal or telephonic notice by the County's OC Public Works on items affecting essential use of the facility, safety or the preservation of property, and within ten (10) calendar days following written notice on other deficiencies, will result in the County taking whatever corrective action it deems necessary. All costs resulting from such action by the County will be claimed against Contractor or, if necessary, the Contractor's Performance Bond.

  • Seller’s Warranties (1) The Seller warrants that, except as disclosed in this contract at settlement:

  • Contractor’s Warranty Contractor warrants that it complies with all Federal Immigration laws and regulations that relate to its employees and complies with A.R.S. § 23- 214.A, Verification of Employment Eligibility. Contractor shall not employ aliens in accordance with A.R.S. § 34-301, Employment of Aliens on Public Works Prohibited. Contractor acknowledges that pursuant to A.R.S. § 41-4401,

  • Buyer’s Warranties All representations and warranties by Buyer in this Agreement shall be true on and as of the closing date as though such representations and warranties were made on and as of that date.

  • Manufacturer’s Warranty The Goods include the manufacturer’s standard limited parts warranty to replace defective parts covered under such warranty exclusive of labor. Labor is warranted by the Elevator Contractor for 90 days following installation. The manufacturer’s parts warranty may require that the Goods be maintained throughout the warranty period by an authorized manufacturer’s representative under a separate maintenance contract. Any warranty is conditioned on written notice to the Elevator Contractor within warranty period and contingent upon receipt of final payment to Elevator Contractor.

  • Title Warranty Assignor warrants that:

  • Construction Warranty At the Closing, Seller shall assign to Buyer all construction warranties with respect to the Hotel, which assignment shall be in form and substance reasonably satisfactory to Buyer, including a warranty by the Contractor, for the period ending not sooner than one (1) year after the date the Hotel is Substantially Completed, in the form of the warranty attached hereto as Exhibit H (the “Construction Warranty”).

  • Purchaser’s Warranties The Purchaser represents and warrants to the Seller that:

  • SUPPLIER’S WARRANTIES 7.1 Supplier warrants that the Goods:

  • Contractor Warranty The Contractor agrees to the following representation and warranty: Should any defect or deficiency in any deliverable, or the remedy of such defect or deficiency, cause incorrect data to be introduced into any Customer’s database or cause data to be lost, the Contractor shall be required to correct and reconstruct, within the timeframe established by the Customer, all production, test, acceptance, and training files or databases affected, at no additional cost to the Customer.

Time is Money Join Law Insider Premium to draft better contracts faster.