Common use of Nonconforming Acceptance Clause in Contracts

Nonconforming Acceptance. LABS may choose to accept the Products which fail to conform in a minor aspect to the specifications established by this Agreement without prejudice to its right to reject nonconforming items in the future. If LABS so chooses, LABS will notify MASIMO of its intent to accept nonconforming items. However, MASIMO accepts not responsibility for nonconforming items accepted by LABS.

Appears in 2 contracts

Sources: Cross Licensing Agreement (Masimo Corp), Cross Licensing Agreement (Masimo Corp)