VirtuaPin™ PURCHASE AGREEMENT
(a) "Deliverables" means the deliverables VirtuaPin Cabinets provides to BUYER as described in this Agreement.
(b) "Government Authority" means any governmental authority or court, tribunal, agency, department, commission, arbitrator, board, bureau, or instrumentality of the United States of America or any other country or territory, or domestic or foreign state, prefecture, province, commonwealth, city, county, municipality, territory, protectorate or possession.
(c) "Law" means all laws, statutes, ordinances, codes, regulations and other pronouncements having the effect of law of any Government Authority.
VirtuaPin Cabinets agrees to provide the ordered Deliverables.
(a) Ownership, Title, and Risk of Loss. Ownership of, title to, and risk of loss for the Deliverables passes to BUYER upon VirtuaPin Cabinets's delivery of the Deliverables to a nationally reputable carrier, fully insured with a nationally reputable insurer (such insurance and shipping costs will be invoiced to BUYER at cost).
(b) Pass-Through. Without limiting any other terms and conditions set forth in this Agreement, VirtuaPin Cabinets agrees to pass through or assign to BUYER any third party warranty and any other rights which VirtuaPin Cabinets receives in connection with any Deliverables.
(c) Documentation. VirtuaPin Cabinets agrees to deliver with the Deliverables copies of the documentation and other materials that VirtuaPin Cabinets ordinarily provides to purchasers of the Deliverables.
4. FEES. Except as expressly stated in this Agreement, there are no additional fees, charges or expenses incurred. In consideration for VirtuaPin Cabinets performing all obligations under this Agreement, BUYER agrees to pay VirtuaPin Cabinets a flat fee as denoted in the individual VirtuPin purchase Receipt.
(a) Mutual Warranties. Each party represents, warrants and covenants to the other that:
(i) Law Compliance. It complies with all applicable Laws.
(b) Warranties by VirtuaPin Cabinets. VirtuaPin Cabinets represents, warrants and covenants to BUYER that:
(i) Warranty Length. For a period of thirty (30) days after receipt, the Deliverables conform to the requirements of this Agreement, are free from any defect in material and workmanship, and are free of all liens, claims and encumbrances of any kind. Electronic components are to be covered by their individual manufacturer's warranties.
(c) Disclaimer. EXCEPT AS EXPRESSLY STATED IN THIS AGREEMENT, BUYER AND VirtuaPin Cabinets EACH MAKE NO REPRESENTATIONS AND EXTEND NO WARRANTIES OR COVENANTS OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
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