2007 MasterCraft Owners Manual - Page 20-3
ANY IMPLIED WARRANTIES THAT CANNOT BE DISCLAIMED UNDER APPLICABLE LAW, INCLUD-
ING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
PARTICULAR PURPOSE, SHALL BE LIMITED TO THE DURATION OF THE FOREGOING EXPRESS
WARRANTY PERIODS APPLICABLE TO THE RESPECTIVE COMPONENTS. SOME STATES DO NOT
ALLOW THE EXCLUSION OF IMPLIED WARRANTIES AND/OR DO NOT ALLOW LIMITATIONS ON
HOW LONG AN IMPLIED WARRANTY LASTS, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO
YOU. THIS LIMITED WARRANTY GIVES YOU SPECIFIC LEGAL RIGHTS. YOU MAY HAVE OTHER
RIGHTS WHICH VARY FROM STATE TO STATE.
5. Limitation of Liability.
5.1 Liability Limitation: Exclusion of Consequential Damages. This warranty is for the benefit of the owner
and MasterCraft, and shall not create or evidence any right in any third party. THE REPAIR OR REPLACE-
MENT OF DEFECTIVE COMPONENT PARTS AS PROVIDED UNDER THIS LIMITED WAR-
RANTY IS THE EXCLUSIVE REMEDY OF THE CONSUMER. TO THE MAXIMUM EXTENT PER-
MITTED BY APPLICABLE LAW, IN NO EVENT SHALL MASTERCRAFT BE LIABLE FOR ANY
INCIENTAL, CONSEQUENTIAL, SPECIAL, INDIRECT, PUNITIVE OR EXEMPLARY DAMAGES
OR LOST PROFITS WHATSOEVER ARISING OUT OF THE USE OR INABILITY TO USE THE
BOAT OR ANY COMPONENT PART THEREOF, OR FOR ANY BREACH OF THIS WARRANTY OR
OTHERWISE, EVEN IF MASTERCRAFT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES OR SUCH DAMAGES COULD REASONABLY HAVE BEEN FORESEEN BY MASTER-
CRAFT. However, some states do not allow the exclusion or limitation of incidental or consequential dam-
ages, so the above limitation or exclusion may not apply to you.
5.2 Purchase Price Limitation. In any event, MasterCraft’s entire liability under any provision of this Limited
Warranty shall be limited to the repair or replacement of the boat, trailer or component part, or the refund of
the purchase price paid by the customer for the boat, trailer or component part found to be defective within
the applicable warranty period. This shall constitute MasterCraft’s sole liability and obligation in the event of
any claim arising out of its performance or non-performance of any provision of this Limited Warranty. Be-
cause some states and jurisdictions do not allow the exclusion or limitation of liability, the above limitations
may not apply to you.
6. Transfer of Limited Warranty. Upon the
first sale, conveyance or other transfer of
the boat or trailer by the original retail pur-
chaser, any remaining unexpired Limited
Warranty coverage shall be transferred to
the second owner and shall remain in effect
for the remainder of the applicable warran-
ty period(s) set forth in Sections 1.1, 1.2,
1.3 and 1.4 above (which warranty periods
begin to run from the date of the original
retail purchase of the boat or trailer, or the
first use of the boat or trailer, whichever
first occurs, as applicable), upon delivery
of the warranty transfer card and payment
of the applicable warranty transfer fee to
MasterCraft. With respect to the Lifetime
Limited Warranty (granted only to the
original retail purchaser) on the Structural
Components set forth in Section 1.1 above,
if the sale, conveyance or other transfer of the boat by the original retail purchaser to another person or entity occurs
within three (3) years of the date of the original retail purchase of the boat by the original retail purchaser, then the
warranty on the Structural Components shall be transferred to the second owner and shall continue in effect for a
period of ten (10) years from the date of the original retail purchase of the boat by the original retail purchaser. If
the sale, transfer or conveyance of the boat by the original retail purchaser occurs more than three (3) years after the
date of the original retail purchase of the boat, then the Limited Warranty on Structural Components (as well as all
other warranties) shall be void as of the date of transfer and shall not be transferable to the second owner.