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Page 002

DEFINITION

STATIC LOAD - The load resulting from a constant applied force or load.

WORKING LOAD LIMIT - The maximum mass or force which the product is authorized to support in general service when the pull is applied in-line, unless noted otherwise, with respect to the centerline of the product. This term is used interchangeably with the following terms:

1.  WLL
2.  Rated Load Value
3.  Resultant Working Load

WORKING LOAD - The maximum mass or force which the product is authorized to support in a particular service.

PROOF LOAD - The average force applied in the performance of a proof test; the average force to which a product may be subjected before deformation occurs.

PROOF TEST - A test applied to a product solely to determine injurious material or manufacturing defects.

ULTIMATE LOAD - The average load or force at which the product fails or no longer supports the load.

SHOCK LOAD - A force that results from the rapid application of a force (such as impacting or jerking) or rapid movement of a static load. A shock load significantly adds to the static load.

DESIGN (SAFETY) FACTOR - An industry term denoting a product's theoretical reserve capability; usually computed by dividing the catalog ultimate load by the Working Load Limit. Generally expressed as a ratio,
e.g., 5 to 1.

COMMERCIAL SURFACE QUALITY - The surface condition of the products shown in this catalog. The surface condition associated with the normal methods of production of raw material and machined surfaces. More refined surface qualities are considered as special.

FATIGUE RATED - Tested to a minimum standards of 20,000 cycles at 1.5 times the Working Load Limit. Will meet the requirements of the Euronorm standards for fatigue.

LIMITED WARRANTY

Purchaser and Crosby expressly agree that Crosby's warranty with respect to sale of its products is LIMITED solely to Crosby's choice of repair, replacement or refund of the purchase price of any product or part thereof determined by Crosby to be defective within the first 12 months following the transfer of title of the product for Crosby to the purchaser. Purchaser and Crosby expressly agree that upon termination of the aforementioned 12 month period, the purchased product carries no warranty whatsoever. Purchaser and Crosby expressly agree that the remedies provided in this section are the purchaser's exclusive remedies in connection with the purchase or use of the product. Purchaser and Crosby expressly agree that in no event shall Crosby be liable for any incidental or consequential damages in connection with the purchase or use of the product.
ALL OTHER WARRANTIES, INCLUDING EXPRESS WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE HEREBY DISCLAIMED. PURCHASER HEREBY WAIVES ALL OTHER WARRANTIES, RIGHTS AND REMEDIES ARISING BY LAW OR OTHERWISE INCLUDING, BUT NOT LIMITED TO, EXPRESS WARRANTIES, THE IMPLIED WARRANTY OF MERCHANTABILITY, ANY IMPLIED WARRANTIES ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE, AND IMPLIED WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE. ADDITIONALLY, CROSBY HEREBY DISCLAIMS ANY OF ITS OBLIGATIONS OR LIABILITIES ARISING FROM STATUTE, WARRANTY, CONTRACT, TORT OR NEGLIGENCE.

Complete Agreement:  This Warranty between purchaser and Crosby is complete. All prior or contemporaneous discussions, representations and/or understandings are merged into this Warranty.

Choice of Law:  Any dispute about the interpretation of the Warranty shall be governed by the laws of the State of Oklahoma.

Resolution of Disputes:  Purchaser and Crosby expressly agree that any dispute arising out of the purchase, use or operation of the purchased product shall, upon written notice to the other party, be resolved through binding arbitration. The arbitration shall be governed by the then existing rules of the American Arbitration Association. The location of any arbitration shall be Tulsa, Oklahoma. The substantive laws of the State of Oklahoma shall govern the arbitration to the extent they are not in conflict with the then existing rules of the American Arbitration Association. In no event shall Crosby be liable for incidental or consequential damages as part of the arbitration award. The award, decision, or filing rendered by the arbitration shall be final, and judgment may be entered upon it in accordance with the applicable law in any court having appropriate jurisdiction.

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