Texas Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website

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US-01815BG
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This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

The Texas Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website is a legal document that outlines the terms and conditions between a purchaser and a seller in Texas. This agreement governs the representations and warranties made by the seller regarding the goods being purchased and re-sold on the purchaser's website. This agreement ensures that the purchaser is protected from any misrepresentations or faulty goods, while also providing a clear outline of the seller's responsibilities. It is essential for businesses engaging in the buying and re-selling of goods to have this agreement in place to maintain trust and protect both parties involved. The Texas Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website can be customized to suit different types of transactions. Some common variations or specific types of agreements under this umbrella include: 1. Electrical Goods Agreement: This agreement pertains to goods such as electronics, appliances, or any products that rely on electricity. It may include specific terms related to electrical safety and compliance with relevant regulations. 2. Automotive Goods Agreement: This type of agreement is specifically designed for the purchase and re-sale of automotive goods such as cars, motorcycles, or spare parts. It may include provisions related to the condition of the goods, warranties for mechanical components, and compliance with applicable laws. 3. Apparel and Fashion Goods Agreement: This agreement targets the purchase and re-sale of clothing, accessories, and fashion items. It may include provisions related to the quality, design, and authenticity of the goods being purchased and re-sold on the purchaser's website. 4. Consumer Electronics Goods Agreement: This agreement focuses on the purchase and re-sale of consumer electronics, such as smartphones, tablets, or gaming consoles. It may address specific issues related to warranties, functionality, and compatibility with relevant software or technologies. 5. Home Appliances Goods Agreement: This type of agreement is tailored for goods related to home appliances such as refrigerators, washing machines, or kitchen gadgets. It may include terms related to proper usage, maintenance, and warranty coverage for these specific types of goods. It is important for businesses entering into these agreements to thoroughly review and tailor the terms and conditions based on their specific industry and goods being bought and re-sold. Seek legal advice to ensure compliance with Texas laws and to protect the interests of both parties involved in the transaction.

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FAQ

To indemnify means that the seller will reimburse the buyer for a loss or liability. To defend means that the seller will pay the buyer's legal fees for suits that arise from specific risks articulated in the contract.

The seller's representations and warranties (reps) are a series of declarative statements made by the seller in a purchase agreement.

A seller representation is a formal description of a seller's platform in acquisition agreements that reveals facts in a program of due diligence.

A representation is an assertion as to a fact, true on the date the representation is made, that is given to induce another party to enter into a contract or take some other action. A warranty is a promise of indemnity if the assertion is false.

The representations and warranties section of the Purchase Agreement is one of the most negotiated sections of any agreement between a buyer and a seller. It covers statements of fact and promises about what is sold. The seller will make several representations and warranties about the target and assets.

Buyer shall indemnify, defend and hold Seller harmless from any claim, demand, loss, liability, damage, or expense (including reasonable attorneys' fees), due to Buyers operation of the Property from and after Closing. The indemnification obligations of Buyer shall be repeated at and shall survive the Closing.

Indemnity is a comprehensive form of insurance compensation for damages or loss. When the term indemnity is used in the legal sense, it may also refer to an exemption from liability for damages. Indemnity is a contractual agreement between two parties.

Reps and warranties is a term used to describe the assertions that a buyer and/or seller makes in a purchase and sale agreement. Both parties are relying on each other to provide a true account of all information and supporting documents to close the transaction.

An agreement to compensate for a loss or damage incurred by an individual or business.

A seller indemnity is a clause included in a purchase and sale agreement (PSA), which relates to the reps and warranties provided by the seller. It is often a clause buried toward the end of the PSA, but, nonetheless, is an important component of the agreement for the buyer.

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Warranties and will prefer to sell the property ?as is? and without warranty.sophisticated purchaser would request of the seller when purchasing income ...31 pages warranties and will prefer to sell the property ?as is? and without warranty.sophisticated purchaser would request of the seller when purchasing income ... Unless Buyer notifies Seller in writing to the contrary prior to making a purchase, Buyer represents and warrants that any employee or agent action on Buyer's ...Regarding the sale by Seller and purchase by Buyer of Products,If Buyer is in default of any of the terms in this Agreement, Buyer's license to ... The terms in this contract are the sole terms governing TI's sale orin Buyer's purchase order, unless TI expressly agrees to such terms in writing. 6.18 No Other Representations or Warranties; Disclosed MaterialsA. Seller owns certain oil and gas leases, wells and associated assets located in ... ARTICLE V REPRESENTATIONS AND WARRANTIES OF SELLERterms and subject to the conditions of this Agreement, Seller desires to sell and transfer to Buyer, ... ARTICLE V REPRESENTATIONS AND WARRANTIES ABOUT THE COMPANY AND THEset forth in this Agreement, Buyer will purchase from Seller, and Seller will sell to ... Neither receipt of delivery nor payment by Buyer shall constitute acceptance. Nonconforming Products shall be returned at Seller's expense and Seller shall ... TEXAS LAWYERS ASSISTANCE PROGRAM. IV. CONCLUSION. Appendix A ? Seller's Representations and Warranties. Appendix B ? Escrow Agreement. Title to all Goods shall pass to Buyer upon Buyer's receipt of Goods at Buyer's facilities or the location set forth in the Purchase Order, or as mutually ...

Basic Warranty for Swimming Shirts Swimming gear review The basic warranty may look like this: “The basic warranty on swimming supplies (equipment, swimsuits, wetsuits, etc.) is 90 days from date of purchase. However, the manufacturers are responsible for a 30-day inspection period before any warranty claims are accepted. During this 30 day inspection period, the manufacturer has 10 business days to give you a written notice (see below). Within 90 days of the inspection notice, you have the rest of the 90 days to give any claims you may have. If any claims are refused, you are entitled to a full refund or replacement.” Swimming product review What to look for in a swimming apparel Warranty? 1. Will the warranty period be shorter than 90 days? 2. Will the manufacturer be responsible for paying any costs associated with the inspection of my products during the 90-day inspection period? 3. How is the basic warranty determined? 4. Does the basic warranty only cover new products?

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Texas Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website