The Warranty Clauses form, to have and to hold, subject to the terms, exceptions, and other provisions set out in this Assignment, the “assets” unto assignee, its successors and assigns, forever, however the assignments and conveyances made by this assignment are made without warranty.
Iowa Warranty Clauses
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Multi-State
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US-OG-489
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Word;
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Seller hereby warrants that the Equipment shall (i) be free from all liens, charges or encumbrances, except any lien of the Seller in respect of any unpaid portion of the Purchase Price; (ii) be free from defects in materials and workmanship and shall conform to the provisions and specifications of this Sales Agreement ...
The Product Warranty shall apply to Products supplied under this Agreement, and Supplier represents and warrants to Customer that the Products (i)will be new (when first delivered), (ii) will be free from defects in materials and workmanship, (iii)will be manufactured and delivered in compliance with all applicable ...
The Basic Concepts: A warranty is a legally binding commitment forming part of the sales contract which assures the buyer that the product or service is free from defects. A warranty often provides for a specific remedy such as repair or replacement in the event the article or service fails to meet the warranty.
General Warranty Depending on the type of contract, a warranty clause may cover the products or services to be exchanged. For example, in a sale of goods, the warranty clause will generally promise that the seller will provide goods that are free of defects, otherwise the buyer can seek a legal remedy for the breach.
(?the Company?) warrants all equipment manufactured by it or bearing its nameplate to be free from defects in workmanship and materials under normal use and service for which product is intended. The warranty period for equipment not installed by the Company is for a period of One (1) year(s) from date of delivery.
A typical warranty clause often covers defective work, materials and equipment, but excludes defects caused by abuse, alterations to the work, improper or insufficient maintenance, improper operation, or normal wear and tear.
An implied warranty is a warranty of merchantability (a warranty that the car will work), and the warranty of fitness for a particular purpose. If a dealer sells you a car and tells you it will haul a trailer, the dealer creates an implied warranty that the car will haul a trailer.
Implied warranties are promises about the condition of products at the time they are sold, but they do not assure that a product will last for any specific length of time. (The normal durability of a product is, of course, one aspect of a product's merchantability or its fitness for a particular purpose.)