YOU SPECIFICALLY AGREE AND RECOGNIZE THAT USING THE LICENSED APPLICATION IS SOLELY YOUR RISK. THE LICENSED APPLICATION & SERVICES ARE PROVIDED “AS IS,” AND ON AN “AS AVAILABLE” BASIS, WITH ALL FAULTS, WITH NO WARRANTIES WHATSOEVER, AND LICENSOR DISCLAIMS ANY WARRANTY, EXPRESS OR IMPLIED OR TO ANY FOLIO AND/OR THIRD PARTY RIGHTS WHATSOEVER; THEREFORE, SHOULD ANY DEFECTS EXIST, YOU ARE RESPONSIBLE FOR ALL COSTS ASSOCIATED WITH ANY SERVICING/REPAIR MADE NECESSARY AS A RESULT THEREOF. YOU SHOULD CONSULT LOCAL LAW FOR RULES PERTAINING TO THE ABILITY TO EXCLUDE OR LIMIT IMPLIED WARRANTIES OR OTHER STATUTORY RIGHTS UNDER ANY SUCH LAW ON THIS ISSUE AS CERTAIN JURISDICTIONS DO NOT ALLOW YOU TO EXCLUDE OR LIMIT SUCH.