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Standard Warranty
Quick Reference Guide 3-3
Limitations of Liability
WASP repair or replacement of defective product as set forth above is the
customer's sole and exclusive remedy on account of claims of breach of
warranty or product defect. Under no circumstances will WASP be lia-
ble to customer or any third party for any lost profits, or any incidental,
consequential indirect, special or contingent damages regardless of
whether WASP had advance notice of the possibility of such damages.
Assignment
Customer may not assign or otherwise transfer its rights or obligations
under Warranty except to a purchaser or transferee of product. No
attempted assignment or transfer in violation of this provision shall be
valid or binding upon WASP Technologies.
Risk of Loss
Customer shall bear risk of loss or damage for product in transit to
WASP. WASP shall assume risk of loss or damage for product in WASP’s
possession or product being returned to Customer by WASP, except such
loss or damage as may be caused by the negligence of Customer, its
agents or employees. In the absence of specific written instructions for
the return of product to Customer, WASP will select the carrier, but
WASP shall not thereby assume any liability in connection with the
return shipment.