Common use of Warranty Obligations Clause in Contracts

Warranty Obligations. (a) Whenever a supplier and a dealer enter into an agreement, the supplier shall pay any warranty claim made by the dealer for warranty parts or service within 30 days after its approval. The supplier shall approve or disapprove a warranty claim within 30 days after its receipt. If a claim is disapproved, the manufacturer, wholesaler, or distributor shall notify the dealer within 30 days stating the specific grounds upon which the disapproval is based. If a claim is not specifically disapproved in writing within 30 days after its receipt it is approved and payment must follow within 30 days.

Appears in 4 contracts

Samples: ncleg.net, mseda.com, www.ncleg.gov

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Warranty Obligations. (a) A. Whenever a supplier and a dealer enter into an agreement, the supplier shall pay any warranty claim made by the dealer for warranty parts or service within 30 thirty days after its approval. The supplier shall approve or disapprove a warranty claim within 30 thirty days after its receipt. If a claim is disapproved, the manufacturer, wholesaler, or distributor shall notify the dealer within 30 thirty days stating the specific grounds upon which the disapproval is based. If a claim is not specifically disapproved in writing within 30 thirty days after its receipt receipt, it is approved and payment must follow within 30 thirty days.

Appears in 1 contract

Samples: mseda.com

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