Pankl warrants that the Goods sold under this electronic Contract will conform in all material respects with the specifications provided by the Buyer. It is the intent of the parties to this Contract to fully and completely state the rights and obligations of the parties in this Contract, and Pankl has specifically set forth in this Contract the extent and nature of the warranty on the Goods to be sold; there are no other warranties or representations with respect to the nature or quality of the Goods.


It is expressly understood that the liability of Pankl will be limited to the replacement and repair of the Goods. Any other warranty is agreed to be inconsistent with the stated warranty, and it is the intent of the parties hereto to specifically DISCLAIM THE WARRANTY OF MERCHANTABILITY AND THE WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE. Pankl is not liable to the Buyer for any loss, damage or injury, direct or indirect, resulting from defects in design, materials or workmanship or otherwise caused, however, arising (and whether or not caused by the negligence of Pankl, its employees or agents).


Pankl is not liable for any indirect or consequential losses or expenses suffered by the Buyer, however caused, and including, without limitation, loss of anticipated profits, goodwill, reputation, business receipts or contracts, or losses or expenses resulting from third party claims.