2021 OWNERS MANUAL / 446
fined as “any boat that has reached fifty (50) hours or engine usage
before retail sale to a consumer.”
4.3.2 Warranty Conditions, Limitations and Exclusions In addition
to the warranty conditions, limitations and exclusions, set forth in
Section 3 of this Warranty, all of which apply to Demo Boats, the
following additional warranty limitations apply to Demo Boats:
a. Beginning with the earlier of the date of the original invoice for
the boat from MasterCraft to the authorized MasterCraft dealer
or the date the boat was first used by the dealer for demon-
stration purposes, whichever first occurs, the boat will have full
warranty coverage under the terms and conditions of this Limited
Warranty Statement for the periods specified in Section 2 of this
Warranty.
b. Upon sale of the boat to a second owner, the warranty cover-
age may be transferred to the second owner in accordance with
the provisions of Section 6 of this Limited Warranty Statement.
5. Limitation of Liability
5.1 Liability Limitation - Exclusion of Consequential Damages. This
Limited Warranty is for the benefit of the Purchaser and Master-
Craft, and shall not create or evidence any right in any third party.
The repair or replacement of any component parts as provided
under this Warranty is the exclusive remedy of the Purchaser.
The decision regarding whether a part or component should be
repaired or replaced will be made by the applicable MasterCraft
authorized servicing dealer and/or MasterCraft. To the maximum
extent permitted by applicable law, in no event shall MasterCraft be
liable for any incidental, 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 limited warranty or otherwise, even if MasterCraft has
been advised of the possibility of such damages or such damages
could reasonably have been foreseen by MasterCraft. However,
some states do not allow the exclusion or limitation of incidental or
consequential damages, so the above limitation or exclusion may
not apply to you.
5.2 Purchase Price Limitation. In any event, MasterCraft’s entire lia-
bility 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 consumer 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
nonperformance of any provision of this Limited Warranty. Because
some states and jurisdictions do not allow the exclusion or limita-
tion of liability, the above limitations may not apply to you.
6. Transfer of Limited Warranty. Subject to the provisions of
Section 4 and this Section 6 of this Warranty, upon the first sale,
conveyance or other transfer of the boat or trailer by the original re-
tail Purchaser, any remaining unexpired Warranty coverage shall be
transferred to the second owner and shall remain in eect for the
remainder of the applicable warranty period(s) set forth in Sections
2.1 through 2.7 hereof (which warranty periods begin to run in ac-
cordance with Section 2.8 or Section 4 hereof, as applicable), upon
delivery of the warranty transfer card and payment of the applicable
warranty transfer fee to MasterCraft. With respect to the Lifetime
2021MCOwnerManualFINAL.indd 446 8/26/20 1:55 PM
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