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.
Delaware Warranty Clauses refer to provisions included in contracts or agreements that outline the warranty terms and conditions for a product or service being offered within the state of Delaware. These clauses define the rights and obligations of both the buyer and the seller, and aim to protect the interests of all parties involved. There are different types of Delaware Warranty Clauses that may be incorporated based on the specific requirements of the transaction. These include: 1. Express Warranty Clause: An express warranty is a written or oral statement made by the seller or manufacturer, which guarantees the quality, performance, or condition of the product. This clause clearly specifies the extent and duration of the warranty provided. 2. Implied Warranty Clause: Under Delaware law, there are two primary types of implied warranties that may be applicable: a. Implied Warranty of Merchantability: This warranty guarantees that the product is fit for its ordinary purpose or is of a quality that a reasonable buyer would expect. b. Implied Warranty of Fitness for a Particular Purpose: This warranty arises when the seller or manufacturer knows that the buyer intends to use the product for a specific purpose and assures that it will meet those requirements. 3. Warranty Disclaimer Clause: This type of clause explicitly states that the seller is not providing any warranties, either express or implied, concerning the product or service being offered. It aims to limit the seller's liability and protect them from potential legal claims based on warranty-related issues. 4. Limited Warranty Clause: A limited warranty restricts the rights and remedies available to the buyer in the event of a defect or failure in the product. This clause may specify certain exclusions or limitations on the duration and scope of warranty coverage, such as excluding damages caused by misuse or altering the product. 5. Extended Warranty Clause: An extended warranty often involves an additional cost and extends the duration of the warranty beyond what is provided initially. This clause outlines the terms and conditions that apply to the extended warranty, such as coverage limitations and procedures for making claims. When drafting or reviewing contracts in Delaware, it is crucial to ensure that the appropriate warranty clause is included to provide clarity on the rights and expectations related to the product or service being offered. Consulting with legal professionals familiar with Delaware law can help businesses or individuals tailor the warranty clauses to their specific needs and reduce the risk of disputes or legal complications.Delaware Warranty Clauses refer to provisions included in contracts or agreements that outline the warranty terms and conditions for a product or service being offered within the state of Delaware. These clauses define the rights and obligations of both the buyer and the seller, and aim to protect the interests of all parties involved. There are different types of Delaware Warranty Clauses that may be incorporated based on the specific requirements of the transaction. These include: 1. Express Warranty Clause: An express warranty is a written or oral statement made by the seller or manufacturer, which guarantees the quality, performance, or condition of the product. This clause clearly specifies the extent and duration of the warranty provided. 2. Implied Warranty Clause: Under Delaware law, there are two primary types of implied warranties that may be applicable: a. Implied Warranty of Merchantability: This warranty guarantees that the product is fit for its ordinary purpose or is of a quality that a reasonable buyer would expect. b. Implied Warranty of Fitness for a Particular Purpose: This warranty arises when the seller or manufacturer knows that the buyer intends to use the product for a specific purpose and assures that it will meet those requirements. 3. Warranty Disclaimer Clause: This type of clause explicitly states that the seller is not providing any warranties, either express or implied, concerning the product or service being offered. It aims to limit the seller's liability and protect them from potential legal claims based on warranty-related issues. 4. Limited Warranty Clause: A limited warranty restricts the rights and remedies available to the buyer in the event of a defect or failure in the product. This clause may specify certain exclusions or limitations on the duration and scope of warranty coverage, such as excluding damages caused by misuse or altering the product. 5. Extended Warranty Clause: An extended warranty often involves an additional cost and extends the duration of the warranty beyond what is provided initially. This clause outlines the terms and conditions that apply to the extended warranty, such as coverage limitations and procedures for making claims. When drafting or reviewing contracts in Delaware, it is crucial to ensure that the appropriate warranty clause is included to provide clarity on the rights and expectations related to the product or service being offered. Consulting with legal professionals familiar with Delaware law can help businesses or individuals tailor the warranty clauses to their specific needs and reduce the risk of disputes or legal complications.