Common use of Additional Matters; Survival of Indemnities Clause in Contracts

Additional Matters; Survival of Indemnities. (a) The indemnity agreements contained in this Section 7 shall remain operative and in full force and effect, regardless of (i) any investigation made by or on behalf of any Indemnitee; (ii) the knowledge by the Indemnitee of Losses for which it might be entitled to indemnification hereunder; and (iii) any termination of this Agreement following the Effective Time. (b) The rights and obligations of each Party and their respective Indemnitees under this Section 7 shall survive the sale or other Transfer by any Party or its respective Subsidiaries of any Assets or businesses or the assignment by it of any Liabilities, with respect to any Loss of any Indemnitee related to such Assets, businesses or Liabilities.

Appears in 5 contracts

Samples: Master Separation and Distribution Agreement, Separation and Distribution Agreement (Computer Sciences Government Services Inc.), Agreement and Plan of Merger (Computer Sciences Corp)

AutoNDA by SimpleDocs

Additional Matters; Survival of Indemnities. (a) The indemnity agreements contained in this Section 7 2.1 shall remain operative and in full force and effect, regardless of (i) any investigation made by or on behalf of any Indemniteeindemnitee; (ii) the knowledge by the Indemnitee indemnitee of the Tax or Indemnifiable Losses for which it might be entitled to indemnification hereunder; and (iii) any termination of this Agreement following the Effective Time. (b) . The rights and obligations of each Party and their respective Indemnitees indemnitees under this Section 7 2.1 shall survive the sale or other Transfer by any Party or its respective Subsidiaries of any Assets or businesses or the assignment by it of any Liabilities, with respect to any Tax or Indemnifiable Loss of any Indemnitee indemnitee related to such Assets, businesses or Liabilities.

Appears in 5 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement, Tax Matters Agreement (Allegion PLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!