PTIS definition
Examples of PTIS in a sentence
PTI'S ENTIRE LIABILITY FOR ANY CLAIM OR LOSS, DAMAGE, OR EXPENSE FROM ANY CAUSE WHATSOEVER, SHALL IN NO EVENT EXCEED THE FEES ACTUALLY PAID BY CUSTOMER.
CUSTOMER'S SOLE AND EXCLUSIVE REMEDY SHALL BE PTI'S OBLIGATION TO MAKE CORRECTIONS OR GIVE A FULL OR PRORATED CREDIT OR REFUND AS SET FORTH ABOVE.
THE FOREGOING SETS FORTH PTI'S ENTIRE AND EXCLUSIVE LIABILITY AND PURCHASER'S EXCLUSIVE AND SOLE REMEDY FOR ANY CLAIM OR DAMAGE IN CONNECTION WITH THE SALE OF PRODUCTS, INCLUDING EQUIPMENT, HEREUNDER.
PTI'S LIABILITY FOR ALL LOSSES AND DAMAGES, WHETHER ON ACCOUNT OF NEGLIGENCE, BREACH OF WARRANTY OR OTHERWISE, SHALL IN NO EVENT EXCEED THE PRICE OF THE PARTICULAR PRODUCT OR SERVICE WITH RESPECT TO WHICH SUCH LOSSES OR DAMAGES OCCUR, OR, AT THE OPTION OF PTI, THE REPAIR OR REPLACEMENT OF SUCH ITEM.
THIS SECTION 12 STATES PTI'S ENTIRE OBLIGATION TO FMC WITH RESPECT TO ANY CLAIM OF INFRINGEMENT.