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Terms Used In Texas Civil Practice and Remedies Code 147.009

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: means real and personal property. See Texas Government Code 311.005

This chapter does not relieve a manufacturer from the obligation, if any, to indemnify a seller for losses arising out of a product liability action for property damage under § 82.002, subject to any defenses the manufacturer could have asserted at the time the action was filed.