Common use of Manufacturer’s Warranty Clause in Contracts

Manufacturer’s Warranty. In the event of a BREAKDOWN of a part, whose repair or replacement is provided for under a MANUFACTURER’S WARRANTY or Special Policy Program, payment will be provided for the required manufacturer’s deductible, less the DEDUCTIBLE specified above. MECHANICAL BREAKDOWN or BREAKDOWN: means a breakage or total failure of a COVERED PART. BREAKDOWN does not provide for damage resulting from the failure of an excluded part(s) or the lack of proper maintenance services. Minor loss of fluid or seepage is considered normal and is not considered a MECHANICAL BREAKDOWN. A BREAKDOWN does not include gradual reduction in operating performance due to normal wear and tear.

Appears in 11 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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