Warranty Insurance Sample Clauses

Warranty Insurance. 11.1 The Buyer shall take out the Warranty Insurance on the basis set out in this clause 11.
AutoNDA by SimpleDocs
Warranty Insurance. 4.1. The one-year warranty through Dell that comes with the Chromebook covers manufacturing defects or parts that stopped working because they were faulty.
Warranty Insurance. 8.1. If SUPPLIER breaches any of its contractual obligations it shall compensate THGL for the damage or loss incurred with additional charges, as THGL may deem appropriate.
Warranty Insurance. The Company may use prior to the Closing its commercially reasonable efforts to obtain Warranty Insurance, and any such Warranty Insurance shall be on terms and conditions reasonably acceptable to Parent. The Company shall keep Parent reasonably informed as to the status of the Company’s efforts to obtain such Warranty Insurance, including providing the Parent with copies of any quotes and terms and conditions received by the Company related to any such Warranty Insurance. In the event the Company is so able to obtain such Warranty Insurance, the Company shall use its commercially reasonable efforts to bind the Warranty Insurance and pay the Warranty Insurance Premium and deliver to Parent evidence of such payment on or prior to the Closing. In the event that the Company shall be unable to obtain Warranty Insurance pursuant to this Section 7.8, including due to the failure of Parent to agree on the reasonableness of the terms and conditions for such policy, by the later of: (i) the date on which the last of the conditions set forth in Article VIII is satisfied or waived (other than conditions that by their nature cannot be satisfied until the Closing Date, and other than conditions that relate to the Warranty Insurance or the Escrow Fund); and (ii) March 31, 2016, then the Closing shall occur without the Warranty Insurance and with the Escrow Fund pursuant to Section 2.3(e). The payment by the Company of any Warranty Insurance Premium shall not relieve the Company of its obligation to deliver Net Working Capital in an amount of at least the Target Net Working Capital Amount as specified in Section 8.2(i), and to the extent that the Estimated Net Working Capital is less than the Target Net Working Capital Amount due to the obligation of the payment of the Warranty Insurance Premium, then the Initial Parent Closing Shares shall be reduced by such Warranty Insurance Premium on a dollar-for-dollar basis using the Parent Common Valuation.
Warranty Insurance. In the event that the Warranty Insurance is bound at the Closing, a bound copy of the Warranty Insurance and proof of payment by the Company of the Warranty Insurance Premium.
Warranty Insurance. In the event that the Warranty Insurance is bound at the Closing, if Parent pursues payment in respect of any claim for which the limitations set forth in Section 10.2(d) apply but coverage is denied under the Warranty Insurance or the retention under the Warranty Insurance is not eroded because the indemnifiable Losses under this Agreement do not constitute insurable losses under the Warranty Insurance (the “Uninsured Amount”), and not because Parent failed to properly pursue such payment under the terms and conditions of the Warranty Insurance, then notwithstanding the limitations set forth in Section 10.3(d), each Indemnifying Party shall pay to Parent, severally but not jointly, an amount equal to such Indemnifying Party’s Pro Rata Share of the Uninsured Amount.
Warranty Insurance. 10.1. 爱斯克的陈述和保证。爱斯克特此向美敦力及北京图灵陈述并保证: Representations and Warranties of IceCure. IceCure hereby represents and warrants to MDT and Turing:
AutoNDA by SimpleDocs
Warranty Insurance. (a) Seller warrants that Product sold hereunder (i) shall be in accordance with the production standards and practices provided for in Section 2 and (ii) is merchantable, free from defects in material and workmanship and fit for the purposes for which it is intended.
Warranty Insurance. (a) Notwithstanding any provision to the contrary in this agreement:
Warranty Insurance. Prior to the Signing Date, the Seller has provided the Buyer with the opportunity to review a copy of the final forms of the policies relating to the Warranty and Indemnity Insurance (collectively, the “Warranty Insurance Policy”) which the Seller intends to execute on the Signing Date. The Seller (a) shall not, and shall procure that, on or prior to Completion, no Group Company shall, take any action that results or could reasonably be expected to result in a material breach of the Warranty Insurance Policy or render it unenforceable, (b) shall not modify or amend the Warranty Insurance Policy without the prior written consent of the Buyer (which consent may not be unreasonably withheld or delayed) and (c) shall not undertake any action to dissolve or liquidate the Seller prior to the later of the expiration of all Survival Periods or the resolution of any claims of the Buyer against the Seller hereunder for which a Claim Notice has been issued prior to the expiration of the relevant Survival Period.
Time is Money Join Law Insider Premium to draft better contracts faster.