Ultimate Jets
B300F User manual rev5.
1st June 2014
19
"A general release does not extend to claims which the creditor does not
know or suspect to exist in his favor at the time of executing the release,
which if known by him must have materially affected his settlement with
the debtor."
5.4. No Modifications to Model Engine.
Buyer agrees to make no modifications of any kind to the Model Engine.
This Agreement pertains to the entire life of the Model Engine.
5.5. Sale By Buyer to Other Party.
Buyer agrees to fully inform any person to whom he/she sells or transfers
the Model Engine, concerning the handling, use, and operation of the
Model Engine, and agrees to give all operating instructions to such person,
at or before the time of sale or transfer. The indemnity and hold harmless
agreement contained in Paragraph 3 continues in effect, following such
sale or transfer.
5.6. Severability.
In the event any clause, provision, or term of this Agreement is held to be
ineffective, void or otherwise unenforceable for any reason, that clause,
provision, or term shall be severed from this Agreement, and the
Agreement shall otherwise remain binding and effective. If any portion of
Paragraph 3 is found to be unenforceable, then the parties agree that the
fullest and most complete waiver and release which is permitted by law,
shall be effective.
5.7 . Texas Law Applicable.
The law of the State of Texas shall apply to any and all controversies
which may arise out of or relate to this Agreement, the sale of the Model
Engine, or its ownership, use, or operation.
5.8. Arbitration.
ANY CONTROVERSY OR CLAIM ARISING OUT OF OR RELATING TO
THIS AGREEMENT, OR THE BREACH THEREOF, OR THE
OWNERSHIP, USE, OR OPERATION OF THE MODEL ENGINE, SHALL
BE SETTLED BY ARBITRATION ADMINISTERED BY THE JUDICIAL
ARBITRATION AND MEDIATION SERVICE/ENDISPUTE, AT ITS LOS
ANGELES OFFICE, UNDER ITS THEN APPLICABLE RULES AND
