Warranty Obligation Clause Samples
A Warranty Obligation clause defines the responsibilities of one party to guarantee the quality, performance, or condition of goods or services provided under a contract. Typically, this clause outlines the specific warranties being made, the duration of coverage, and the remedies available if the goods or services fail to meet the stated standards—such as repair, replacement, or refund. Its core function is to protect the receiving party by ensuring that they receive products or services that conform to agreed-upon specifications, thereby allocating risk and providing recourse in the event of defects or nonconformance.
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Warranty Obligation. The warranty period is one hundred eighty (180) days from the date of shipment. The Company's obligation under the warranty is limited to correction of defects in materials or workmanship respecting the Product, and in any components or assemblies manufactured by the Company and used in the manufacture of the Product. The Company may, at its option, repair or replace a defective item, or issue a credit for the defective item.
Warranty Obligation. Buyer shall assume and accept Seller's warranty obligations relating to the Assumed Contracts determined as of the Closing Date (the "Warranty Obligations"). Pursuant to the provisions of Sections 3.1 and 3.2 hereof, Seller shall remit to Buyer the amount of Seller's accrued warranty liabilities determined as of the Closing Date.
Warranty Obligation. All warranty obligations of the respective Parties listed with respect to Specialty Allografts and Bone Paste shall be solely the obligation and responsibility of RTI.
Warranty Obligation. Except as set forth in Section 9.6 and Article 10, ▇▇▇▇▇’▇ sole obligation and exclusive remedy, regarding Defective Products is for AVIA Ashok, at its option, to either repair or to replace Defective Products.
Warranty Obligation. The publisher warrants and guarantees to Stichting FEMU to the best of its knowledge that it has acquired the full and unencumbered graphical reproduction rights in the repertoire and that he is exclusively authorised to enter into this agreement and to effect the licence of the graphical reproduction rights in the existing and future repertoire referred to in this agreement..
Warranty Obligation. Under current conditions in the sulphur market, Freeport markets sulphur to purchasers on the basis that sulphur delivered will confirm to written specifications agreed to between Freeport and its sulphur purchasers with price allowances for sulphur not meeting such specifications and on the basis that Freeport shall not be liable for indirect or consequential damages including loss of revenues or loss of profits. Freeport otherwise makes no express warranties nor does it disclaim any warranties. Felmont warrants Felmont Sulphur to Freeport to the extent required to permit Freeport to market Combined Sulphur on the basis above described. Should Freeport find it necessary in order to market Combined Sulphur at any time or from time to time during the term of this Agreement to accept terms and conditions different than described above, Freeport shall so notify Felmont and continue to market Combined Sulphur in accordance with this Agreement unless Felmont should choose to terminate this Agreement as the result of such notification. Felmont agrees that from and after any such notification from Freeport, Felmont shall warrant Felmont Sulphur to the extent necessary to permit Freeport to market Combined Sulphur on the basis of such revised terms and conditions described in such notice.
Warranty Obligation. During the applicable Warranty Period, Supplier shall be obligated to repair or replace any OEM Product that does not conform or perform in accordance with the warranties set forth in Section 9.2 above. In addition, GEMS IT shall have such other rights and remedies available at law or otherwise available under this Agreement for breach of the foregoing warranties.
Warranty Obligation. The $1,384,956 reserve for warranty costs -------------------- included in the June 30, 1999 consolidated balance sheets of the Company and its Subsidiaries filed with the Company Reports sets forth, as of June 30, 1999, the reasonable judgment of the management of the Company of the estimate of the Company's aggregate liability (whether accrued, absolute or contingent) in respect of any warranties issued by the Company or any of its Subsidiaries in connection with the sale of houses by the Company or any of its Subsidiaries.
Warranty Obligation. The Surety’s obligations to the Owner for warranties of the Design-Builder shall be the same as those required of the Design-Builder under the Design-Build Agreement, subject to the time limitation in Section 10. Unless otherwise stated below, the Surety’s obligation for such warranties excludes: a) products, materials or equipment covered by a manufacturer’s separate warranty; and b) claims by the Owner first noticed to Surety in writing more than one year after the effective date of such warranty as specified under the Design-Build Agreement.
Warranty Obligation. 32 ARTICLE 11 RESERVED.................................................... 32 ARTICLE 12 RESERVED.................................................... 32 ARTICLE 13 SHIPMENT, DELIVERY, TITLE, RISK OF LOSS, AND CIP............ 32 13.1 Satellites.................................................. 32 13.2 Deliverable Items Other Than Satellites..................... 33 13.3 Carriage and Insurance Paid................................. 33 Use or disclosure of the data contained on this page is subject to the restriction on the title page of this volume.