a program of repair and maintenance work, not yet defined (or only defined by species), which must be carried out by the designated contractor on instruction over a specified period (usually several years) on a number of properties. This type of contract can be characterized as a limited-time contract or a fixed-term contract (for simplicity reasons, in this practical note, we call this type of contract «futures contract») the seller ensures that he provides the services at least in accordance with the standards generally accepted in the instrument repair industry. The rights to the guarantee must be invoked within 90 days of the end of the benefit. EXCEPT AS PROVIDED HEREIN AND IN THE TERMS AND CONDITIONS OF SALE OF THE COVERED PRODUCT, SELLER HEREBY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, OR STATUTORY, REGARDING THE SERVICES, THE COVERED PRODUCT, AND THE REPLACEMENT PARTS, INCLUDING ANY WARRANTIES OFABILITY, FITNESS FOR APARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT OF THIRD PARTY RIGHTS. SELLER`S SOLE LIABILITY AND RESPONSIBILITY UNDER THIS SERVICE AGREEMENT AND ANY UNDERLYING SERVICE PLAN FOR BREACH OF WARRANTY IS RE-PERFORMANCE OF THE SERVICES WITHIN A REASONABLE TIME. THESE ARE BUYER`S SOLE AND EXCLUSIVE REMEDIES FOR EVERY BREACH OF WARRANTY. Yes, yes. Often, repair contracts involve the possibility of using a Link mechanic. Mechanics «in-possession» links are common. For example, if you drop a ring to be repaired by a jeweler, but you pay or don`t take the ring in a while (they have possession of the ring). In this case, your jeweler will probably sell your ring to collect their expenses. This option is included in the original sales contract. Most of us are aware of this kind of pledge and can and should include it in our repair contracts.
These repairs are identified in the NAC to be completed in 0 (for health and safety repairs) or year 1. The Buyer will compensate the Seller for any claim, loss, damage, debts, comparisons, fees, legal fees, expenses and debts of any kind (called «cumulative claims») resulting from a violation of the seller`s staff or contractors caused by the installation or improper use of a product covered by the buyer, or material processed by a covered product. The seller has the right to participate or defend such claims with the assistance of a lawyer of his choice. The seller will do everything in his power to immediately inform the buyer of such a request. No settlement of a claim is binding on the seller without prior written agreement. A repair contract is a contract by which a contractor agrees to provide certain repairs to another company or person.