Definition of Pre-Closing Product Related Liabilities

Pre-Closing Product Related Liabilities means all Liabilities based on any actual or alleged defect in the design, manufacture, quality, conformity to specification or fitness for purpose of any product manufactured or sold by the Acquired Business, or any service provided by the Acquired Business, before the Closing Date, including all product liability, product warranty obligations and liabilities and all obligations and liabilities in respect of product recalls or product warnings (including voluntary recalls and warnings reasonably intended to avoid or mitigate liability).
Sample 1