I. Condition of warranty
The warranty shall be implemented in case the warrantee failed to fulfill its obligation within the duration specified in the master contract.
II. Manner and duration of warranty
1. Manner of warranty: joint liability
2. Duration of warranty: from the date when the warranty comes into force to the expiry date of fulfillment by the warrantee specified in the master contract.
Any amendments on the warranty duration agreed upon by your company and the warrantee shall get written permission of the warrantor before it comes into force.
III. Responsibility of warranty
Within the duration of warranty, the warrantor shall undertake responsibility of warranty specified in the master contract in case the warrantee failed to fulfill its obligation specified in the master contract.
Your company shall inform the warrantor about undertaking its responsibility 15 days in advance, or else, the warrantor has the right to reject.
IV. Termination of warranty responsibility
1. Without any written notifications from your company within the duration about undertaking the warranty responsibility, it shall be terminated from the following day after the warranty duration expired.
2.The warranty responsibility shall be terminated after complete fulfillment of the warrantees obligation specified in the master contract.