Warranty agreement template free to use

(iv) Additional reasonable, customary and unexpected cleaning costs incurred to remove smoke odors from a Host’s Eligible Property which result from a Responsible Guest or Invitee smoking (including, but not limited to, tobacco, cannabis, e-cigarettes, etc.) in the Eligible Accommodation during an Airbnb stay and in violation of a Host’s House Rules. (ii) Direct physical loss or physical damage to a Host’s Eligible Property caused by a pet owned or controlled by a Responsible Guest or Invitee during an Airbnb stay. (i) Direct physical loss or physical damage to a Host’s Eligible Property caused by the Responsible Guest or an Invitee during an Airbnb stay. Receive information about upcoming SBA events, news alerts, and program updates. While the vast majority of businesses are eligible for financial assistance from SBA, some are not.

Key Characteristics of Indemnity:

The length of the warranty period is an important consideration for both buyers and sellers. To create a robust warranty agreement, define the product, draft essential clauses tailored to your business, consult legal counsel, and communicate the terms to customers. A clear, legally compliant agreement builds trust and reduces disputes, ensuring both parties are aware of their rights and responsibilities in case of product issues.

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After Annuitization, Inflation Increases and Step-Ups will no longer apply. • If the Withdrawal Benefit Base is greater than zero and you are eligible for the Living Benefit Guarantee, and the Lifetime Withdrawal Guarantee is available (based on age of the younger Covered Life), the Contract will be annuitized using the Lifetime Withdrawal Guarantee. The Guaranteed Annual Withdrawal Amount will be determined based on the Withdrawal Benefit Base at the time of Annuitization and the then applicable Lifetime Withdrawal Rate (based on age of the younger Covered Life). The Lifetime Withdrawal Rate is based on the Age-Based Lifetime Withdrawal Rate and Waiting Bonus (if applicable) at the time the Contract Value is reduced to zero. Inflation Increases will no longer be credited to the Withdrawal Benefit Base after the Contract Value is reduced to zero in the Deferral Phase.

• Once signed, the guarantor is obligated to fulfill the terms of the guarantee if the borrower defaults.
• The Standard Withdrawal Benefit Balance is established at the time you enter the Withdrawal Phase under the Standard Withdrawal Guarantee, and is set equal to the Withdrawal Benefit Base at this time.
• Startups or new businesses often don’t have an established credit history, which can make securing financing or entering into contracts difficult.
• It ensures that buyers receive a functional product that meets their expectations.
• All decisions made by the provider are final and cannot be appealed.

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The Bank of New York Mellon, as the Guarantee Trustee, holds the Guarantee for the benefit of the holders of the APEX. The Guarantees do not cover payment of distributions when the Trusts do not have sufficient available funds to pay those distributions. We have, through the applicable guarantee, the applicable trust agreement, the applicable series of corresponding subordinated debt securities, the subordinated debt indenture and the applicable expense agreement, taken together, fully, irrevocably and unconditionally guaranteed all of the Issuer Trust’s obligations under the related capital securities. It is only the combined operation of these documents that has the effect of providing a full, irrevocable and unconditional guarantee of an Issuer Trust’s obligations under its capital securities. See “Relationship Among the Capital Securities and the Related Instruments” below. The notes will be liabilities of GS Bank, unconditionally and irrevocably guaranteed by The Goldman Sachs Group, Inc. pursuant to our guarantee.

(a) The Guaranteed Party shall not be obligated to file any claim relating to any Guaranteed Obligation in the event that Parent becomes subject to a bankruptcy, reorganization or similar proceeding, and the failure of the Guaranteed Party to so file shall not affect the Guarantor’s obligations under this Limited Guarantee. This Limited Guarantee is one of payment of the Guarantor’s Contribution Percentage of the Guaranteed Obligations and not collection. The following summary sets forth the material terms and provisions of the preferred securities guarantee. Because the following summary of certain provisions of the preferred securities guarantees is not complete, you should refer to the form of preferred securities guarantee and the Trust Indenture Act for more complete information regarding the provisions of the preferred securities guarantee, including the definitions of some of the terms used below. The form of the preferred securities guarantee has been filed as an exhibit to the registration statement of which this prospectus forms a part and is incorporated by reference in this summary.

“Booking Income Loss” is the loss of booking income from the booked portion of an Eligible Accommodation (according to bona fide Airbnb confirmed bookings on the Airbnb Platform in force prior to the established time of loss) by you, as a Host, resulting from an Eligible Loss. Booking Income Loss does not include non-continuing charges and expenses or any loss of booking income during any period in which the Eligible Accommodation would not have been tenantable for any reason other than an Eligible Loss. Booking Income Loss will be measured starting from the time of occurrence of the Eligible Loss and ending when the Eligible Accommodation can be made ready for habitation under the same or equivalent physical and operating conditions that existed prior to the damage. “Host Damage Protection Payment Request Form” means Airbnb’s standard form that a Host uses to request payment from Airbnb pursuant to these Host Damage Protection Terms, as amended from time to time, accessible through the Resolution Center or by contacting Airbnb’s customer service directly. All capitalized terms shall have the meaning set forth in the Terms or Payments Terms, unless otherwise defined in these Host Damage Protection Terms.

Whether the claim documents submitted by the beneficiary meet the requirements of the letter of guarantee shall be subject to the opinions of Party A. Party A is entitled to accept or reject the discrepancies in the claim form of the letter of guarantee. Where Party A believes that the documents submitted by the beneficiary meet the requirements of the Letter of Guarantee (including the case where Party A accepts the discrepancies in the claim documents), it has the right to directly deduct Party B’s account funds or advances for external compensation without prior notice to Party B or Party B’s consent. (2) If Party A requires Party B to provide full amount of guarantee (including but not limited to third party guarantee, property mortgage and pledge provided by Party B or any third party) before Party A accepts the commercial draft issued by Party B, Party B shall provide guarantee in line with Party A’s requirements and ensure the continuous validity of the guarantee.

In the event that any payment to the Guaranteed Party in respect of any Obligation is rescinded or must otherwise be returned for any reason whatsoever, the Guarantor shall remain liable hereunder with respect to such Obligation (subject to the terms and conditions hereof) as if such payment had not been made. This Limited Guarantee is an unconditional and continuing guarantee of payment and not of collection. Notwithstanding any other provision of this Limited Guarantee, the Guaranteed Party hereby agrees that the Guarantor may assert, as a defense to any payment or performance by the Guarantor under this Limited Guarantee, any defense to such payment or performance that the Parent Parties may have under the terms of the Merger Agreement, other than defenses arising exclusively from the bankruptcy or insolvency of any Parent Party. The Guarantor’s liability hereunder is absolute, unconditional, irrevocable and continuing irrespective of any modification, amendment or waiver of or any consent to departure from the Merger Agreement that may be agreed to by Parent or Merger Sub. The Guaranteed Party shall not be obligated to file any claim relating to the Obligations in the event that Parent or Merger Sub becomes subject to a bankruptcy, reorganization or similar proceeding, and the failure of the Guaranteed Party to so file shall not affect the Guarantor’s obligation hereunder.

In the event that, during the term of the Guarantee, we do not pay full dividends in respect of any quarterly dividend period on any preference shares that are then issued and outstanding, the Guarantor has agreed to pay to the trustee, in trust, for the benefit of, and for further payment to, the holders of the preference shares an amount equal to such unpaid dividends or unpaid liquidation preference pursuant to the Guarantee. The terms of the Guarantee also provide that to the extent the Guarantor pays any unpaid dividends or liquidation preference, then the Guarantor will be subrogated against the Bank in respect of rights of payment that the holders of the preference shares would have had against the Bank but for the Guarantor’s payment. Furthermore, if full dividends payable on the preference shares have not been paid by the Bank for an aggregate of six quarterly dividend periods or more (whether or not consecutive) the Guarantor shall have the right to appoint two persons to the Board of the Bank until such time as full dividends have been paid by the Bank on the preference shares for at least four consecutive quarterly dividend periods. The Company has, through the Guarantee, Trust Agreement, Junior Subordinated Debentures, Indenture and the Expense Agreement (each as defined herein), taken together, fully, irrevocably and unconditionally guaranteed all of Air T Funding’s obligations under the Capital Securities. See “Description of Guarantee.” If the Company does not make required payments on the Junior Subordinated Debentures held by Air T Funding, Air T Funding will have insufficient funds to pay Distributions on the Capital Securities. In such event, a holder of the Capital Securities may institute a legal proceeding directly against the Company to enforce payment of such Distributions to such holder.

• equally with any of our other present or future obligations that by their terms rank pari passu with such Guarantee. Each Guarantee constitutes a guarantee of payment and not of collection, which means that the guaranteed party may sue the guarantor to enforce its rights under the Guarantee without suing any other person or entity. Each Guarantee is held for the benefit of the holders of APEX. Each Guarantee will be discharged only by payment of the guarantee payments in full to the extent not https://aliexpressofficial.com/ paid by the applicable Trust. To the fullest extent permitted by applicable law, each holder of APEX has the right to institute a proceeding directly against us for enforcement of the rights of a holder of Preferred to the extent of an interest in the Preferred corresponding to the aggregate liquidation amount of such holder’s APEX. A warranty agreement is a legal document that guarantees a buyer certain remedies if the product or service does not meet specified conditions.