Common use of Warranties and Returns Clause in Contracts

Warranties and Returns. Schedule 5.1.26 sets forth a summary of present practices and policies followed by the Sellers with respect to guarantees, warranties, and servicing of any products manufactured or sold and services rendered by it, whether such practices and policies are oral or in writing or are deemed to be legally enforceable. Except as set forth on Schedule 5.1.26, to the knowledge of the Shareholder and the Sellers, there are no written statements, citations, or decisions by any Person stating that any product actually sold by either Seller is defective or unsafe or fails to meet any standards promulgated by any such Person.

Appears in 1 contract

Sources: Asset Purchase Agreement (MTM Technologies, Inc.)

Warranties and Returns. Schedule 5.1.26 sets forth a summary of present practices and policies followed by the Sellers Company with respect to guarantees, warranties, and servicing of any products manufactured or sold and services rendered by it, whether such practices and policies are oral or in writing or are deemed to be legally enforceable. Except as set forth on Schedule 5.1.26, to the knowledge of the Shareholder Company and the SellersShareholders, there are no written statements, citations, or decisions by any Person stating that any product actually sold by either Seller the Company is defective or unsafe or fails to meet any standards promulgated by any such Person.

Appears in 1 contract

Sources: Stock Purchase Agreement (MTM Technologies, Inc.)

Warranties and Returns. Schedule 5.1.26 sets forth a summary of present practices and policies followed by the Sellers Seller with respect to guarantees, warranties, and servicing of any products manufactured or sold and services rendered by it, whether such practices and policies are oral or in writing or are deemed to be legally enforceable. Except as set forth on Schedule 5.1.26, to the knowledge of the Shareholder Shareholders and the SellersSeller, there are no written statements, citations, or decisions by any Person stating that any product actually sold by either Seller is defective or unsafe or fails to meet any standards promulgated by any such Person.

Appears in 1 contract

Sources: Asset Purchase Agreement (MTM Technologies, Inc.)