Warranty Liability definition

Warranty Liability means, as of any day, the aggregate stated balance sheet fair value of all outstanding warrants exercisable for redeemable convertible preferred shares of Holdings determined in accordance with GAAP.
Warranty Liability the after-sale service and repair/maintenance service that shall be provided to relevant Customers by ASB within the Warranty Period based on the Sales Contract;
Warranty Liability means, as of any day, the aggregate stated balance sheet fair value of all outstanding warrants exercisable for redeemable convertible preferred shares of OnDeck determined in accordance with GAAP.

Examples of Warranty Liability in a sentence

  • Limited Warranty, Liability & Indemnity.THE EQUIPMENT IS PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED.

  • Warranty Liability Most of our non-EV products (the “Legacy Products”) are exported out of China to foreign countries that have legal and regulatory requirements with which we are not familiar.

  • Warranty Liability Estimated warranty costs are recognized at the time we sell our products and are included in cost of revenue.

  • Give the balance in the Estimated Warranty Liability account at the end of each year.

  • At December 31, 2019, the warrant amount was no longer variable and as such, $870,235 was reclassified from Common Stock Warranty Liability to Additional Paid-in Capital.


More Definitions of Warranty Liability

Warranty Liability means the excess amount, if any, of actual warranty expenses for homes delivered before the Closing Date, above the accrued warranty reserve on the Company’s balance sheet as of the Closing Date.
Warranty Liability means, in respect of each Warrantor and the Management Contributor, that individual’s maximum aggregate liability under this Deed, such amount being set out opposite that individual’s name in column 2 of paragraph 1.3 of Schedule 3.
Warranty Liability means any direct or indirect liability of the Company or any of its Subsidiaries arising from any warranty or breach of warranty claim or product guaranty, express or implied, including the obligation to recall or replace any products produced by or on behalf of the Company or any of its Subsidiaries, with respect to any product manufactured, sold or distributed by or on behalf of the Company or (any of its Subsidiaries).
Warranty Liability has the meaning given to it in Schedule 7 (Tax Covenant);
Warranty Liability means a liability arising under the Tax Warranties. The headings in this Schedule 7 (Tax Covenant) do not affect its interpretation.
Warranty Liability in Allegion plc’s 2020 Form 10-K, there is no action, suit or proceeding pending against, or to the knowledge of any Borrower threatened against or affecting the Borrowers or any of their respective Subsidiaries before any court or arbitrator or any Governmental Authority or governmental official in which there is a reasonable possibility of an adverse decision that (i) could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) in any manner draws into question the validity of this Agreement or the Notes.
Warranty Liability shall have the meaning set forth in Section 2.7(c) hereof.