LIMITED WARRANTY - NEW TIRES When used in accordance with The Tire & Rim Association's recommendations, every aircraft tire of Michelin manufacture, bearing our name and a complete serial number, is warranted to be free from defects in workmanship and materials. OUR LIABILITY WITH RESPECT THERETO IS LIMITED, HOWEVER, TO YOUR NET PURCHASE PRICE AFTER CASH AND OTHER DISCOUNTS OF ANY SUCH TIRE PROVED DEFECTIVE, OR, AT OUR OPTION, TO THE REPAIR OR REPLACEMENT OF SUCH TIRE UPON ITS RETURN TO US, TRANSPORTATION CHARGES PREPAID, AND IN EITHER CASE AFTER A PRO-RATA CHARGE FOR ANY SERVICE OBTAINED FROM THE TIRE. EXCEPT AS EXPRESSLY STATED ABOVE, WE MAKE NO WARRANTY, EXPRESS OR IMPLIED, OTHER THAN AS TO TITLE, AND WE SPECIFICALLY DISCLAIM THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. THE FOREGOING WARRANTIES ARE GIVEN AND ACCEPTED IN LIEU OF ANY AND ALL OTHER WARRANTIES, GUARANTEES, OBLIGATIONS, RIGHTS AND REMEDIES, EXPRESS OR IMPLIED, WHETHER BASED IN NEGLIGENCE, CONTRACT, STRICT LIABILITY, TORT OR OTHERWISE. IN NO EVENT WILL MICHELIN BE LIABLE FOR ANY INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES. LIMITED WARRANTY - RETREADED TIRES When used in accordance with The Tire & Rim Association's recommendations, every aircraft tire retreaded by Michelin is warranted to be free from defects in workmanship and material introduced during the retreading process. OUR LIABILITY WITH RESPECT THERETO IS LIMITED, HOWEVER, TO YOUR NET PURCHASE PRICE AFTER CASH AND OTHER DISCOUNTS OF ANY RETREADING SERVICES PROVED DEFECTIVE, OR, AT OUR OPTION, TO THE REPAIR OR REPLACEMENT OF SUCH RETREADED TIRE UPON ITS RETURN TO US, TRANSPORTATION CHARGES PREPAID, AND IN EITHER CASE AFTER A PRO-RATA CHARGE FOR ANY SERVICE OBTAINED FROM THE TIRE. EXCEPT AS EXPRESSLY STATED ABOVE, WE MAKE NO WARRANTY, EXPRESS OR IMPLIED, OTHER THAN AS TO TITLE, AND WE SPECIFICALLY DISCLAIM THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. THE FOREGOING WARRANTIES ARE GIVEN AND ACCEPTED IN LIEU OF ANY AND ALL OTHER WARRANTIES, GUARANTEES, OBLIGATIONS, RIGHTS AND REMEDIES, EXPRESS OR IMPLIED, WHETHER BASED IN NEGLIGENCE, CONTRACT, STRICT LIABILITY, TORT OR OTHERWISE. IN NO EVENT WILL MICHELIN BE LIABLE FOR ANY INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES.