Product Liability definition

Product Liability means any liability, claim or expense, including but not limited to attorneysfees and medical expenses, arising in whole or in part out of a breach of any express or implied product warranty by the Company, strict liability in tort, negligent manufacture of product, negligent provision of services, product recall, or any other allegation of liability arising from the design, testing, manufacture, packaging, labeling (including instructions for use), or sale of products.

Examples of Product Liability in a sentence

  • Product liability is irrespective of fault and cannot be restricted or excluded between the liable party and the damaged party in advance.

  • Product liability action.—A product liability action may be brought by a complainant against a product manufacturer or a product service provider or a product seller, as the case may be, for any harm caused to him on account of a defective product.84.

  • Any payments made pursuant to the settlement in the In Re Agent Or- ange Product liability litigation, M.D.L. No. 381 (E.D.N.Y.).


More Definitions of Product Liability

Product Liability means the Insured’s legal liability for Injury and/or Damage arising from any Products or the reliance upon a representation or warranty made at any time with respect to such Products, but only where such Injury and/or Damage occurs away from premises owned or leased by, or rented to, the Insured and after physical possession of such Products has been relinquished to others.
Product Liability means amounts that You become legally liable to pay by way of Compensation for Property Damage and/or Personal Injury caused by or arising from a Product or the reliance upon a representation or warranty made at any time with respect to such Product.
Product Liability means any liability, claim or expense (including attorneysfees) arising in whole or in part out of a breach of any product warranty (whether express or implied), strict liability in tort, negligent design, specification, processing or manufacture of product, negligent provision of services, product recall, or any other liability, claim or expense arising from the manufacturing, packaging, labeling (including instructions for use), marketing, distribution or sale of products (whether for clinical trial purposes, commercial use or otherwise).
Product Liability means any product liability claims asserted or filed by a Third Party (without regard to their merit or lack thereof), seeking damages or equitable relief of any kind, relating to personal injury, wrongful death, medical expenses, an alleged need for medical monitoring, consumer fraud or other alleged economic losses, allegedly caused by any Licensed Product, and including claims by or on behalf of users of any Licensed Product (including spouses, family members and personal representatives of such users) relating to the use, sale, distribution or purchase of any Licensed Product sold by CELGENE, its Affiliates, Sublicensees or distributors, or by EPIZYME, its Affiliates, Sublicensees or distributors, as applicable, including claims by Third Party payers, such as insurance carriers and unions.
Product Liability has the meaning set forth in Section 3.26.