The repair, replacement or issuance of credit for parts provided for in this warranty constitutes the Buyer’s exclusive remedy, this warranty is in lieu of all other warranties, express or implied, including any implied warranty of merchantability or fitness for a particular purpose. GWS Tool Group has no liability or responsibility on any claim of any kind, whether in contract, tort or otherwise, for any loss or damage arising out of, connected with, or resulting from the manufacture, sale, delivery or use of any product sold hereunder, in excess of the cost of replacement or repair as provided herein. In no event shall G.W. Schultz Tool be liable for any special, incidental or consequential damages. GWS Tool Group makes no other warranty, express or implied, except as set forth above, and neither assumes nor authorizes any other person or entity to assume for it any other obligation or liability in connection with any of its products.