Common use of Product Claims Clause in Contracts

Product Claims. No product liability claim is pending, or to the best -------------- knowledge of the Shareholders or the Company, threatened, against the Company or against any other party with respect to the products of the Company's business. Schedule 3.20 lists all service and product liability claims seeking damages in excess of $1,000 asserted against the Company (or in respect of which any member of the Seller Group has received notice) with respect to the products of the Company's business or the Company during the last five (5) years. Claims not listed on Schedule 3.20 do not aggregate more than $10,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Medsource Technologies Inc)

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Product Claims. No product liability claim is pending, or to the best -------------- knowledge of each of the Shareholders or the Company, Transferors threatened, against the Company or or, to the knowledge of the Transferors, against any other party with respect to the products of the Company's business. Except with respect to goods returned to the Company for reworking (as set forth in section 3.21), Schedule 3.20 lists all service and product liability claims seeking damages in excess of $1,000 asserted against the Company (or in respect of which the Company or any member of the Seller Group Transferor has received notice) with respect to the products of the Company's business or the Company during the last five (5) years. Claims not listed on Schedule 3.20 do not aggregate more than $10,00050,000.

Appears in 1 contract

Samples: Contribution and Exchange Agreement (Medsource Technologies Inc)

Product Claims. No product liability claim is pending, or to the best -------------- knowledge of the Shareholders or the Company, threatened, against the Company or against any other party with respect to the products of the Company's business. Schedule 3.20 lists all service and product liability claims seeking damages in excess of $1,000 5,000 asserted against the Company (or in respect of which any member of the Seller Group has received notice) with respect to the products of the Company's business or the Company during the last five three (53) years. Claims not listed on Schedule 3.20 do not aggregate more than $10,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Direct Insite Corp)

Product Claims. No product liability claim is pending, or to the best -------------- knowledge of each of the Transferor and the Shareholders or the Company, threatened, against the Company Transferor or against any other party with respect to the products of the Company's businessBusiness. Schedule 3.20 5.20 lists all service and product liability claims seeking damages in excess of $1,000 asserted against the Company Transferor (or in respect of which the Transferor or any member of the Seller Group Shareholder has received notice) with respect to the products of the Company's business Business or the Company Transferor during the last five (5) years. Claims not listed on Schedule 3.20 5.20 do not aggregate more than $10,00020,000.

Appears in 1 contract

Samples: Contribution and Exchange Agreement (Medsource Technologies Inc)

Product Claims. No product liability claim is pending, or -------------- to the best -------------- knowledge of the Shareholders or the Company, threatened, against the Company or against any other party with respect to the products of the Company's business. Schedule 3.20 -------- 4.20 lists all service and product liability claims seeking damages in excess of $1,000 10,000 ---- asserted against the Company (or in respect of which any member of the Seller Group Company has received notice) with respect to the products of the Company's business or the Company during the last five (5) years. Claims Known claims not listed on Schedule 3.20 4.20 do not ------------- aggregate more than $10,00015,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Medsource Technologies Inc)

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Product Claims. No product liability claim is pending, or to the best -------------- knowledge of each of the Shareholders or the Company, Transferors threatened, against the Company or against any other party with respect to the products of the Company's business. Schedule 3.20 lists all service and product liability claims seeking damages in excess of $1,000 5,000 asserted against the Company (or in respect of which any member of the Seller Group Company has received notice) with respect to the products of the Company's business or the Company during the last five (5) years. Claims not listed on Schedule 3.20 do not aggregate more than $10,000.

Appears in 1 contract

Samples: Contribution and Exchange Agreement (Medsource Technologies Inc)

Product Claims. No product liability claim is pending, or to the best -------------- knowledge of the Shareholders or the Company, threatened, against the Company or against any other party with respect to the products of the Company's business. Schedule 3.20 lists all service and product liability claims seeking damages in excess of $1,000 asserted against the Company (or in respect of which any member of the Seller Group has received notice) with respect to the products of the Company's business or the Company during the last five (5) years. Claims not listed on Schedule 3.20 do not aggregate more than $10,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Medsource Technologies Inc)

Product Claims. No product liability claim is pending, or to the -------------- best -------------- knowledge of each of the Transferor and the Shareholders or the Company, threatened, against the Company Transferor or against any other party with respect to the products of the Company's businessBusiness. Schedule 3.20 5.20 lists all service and product liability claims seeking damages in excess of $1,000 asserted against the Company Transferor (or in respect of which the Transferor or any member of the Seller Group Shareholder has received notice) with respect to the products of the Company's business Business or the Company Transferor during the last five (5) years. Claims not listed on Schedule 3.20 5.20 do not aggregate more than $10,00020,000.

Appears in 1 contract

Samples: Contribution and Exchange Agreement (Medsource Technologies Inc)

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