Common use of Concessionaire’s Representations and Warranties Clause in Contracts

Concessionaire’s Representations and Warranties. The representations and warranties of the Concessionaire contained in Section 9.3 shall survive and continue in full force and effect for the benefit of the City as follows: (i) as to the representations and warranties contained in Sections 9.3(a) through 9.3(h), inclusive, without time limit; and (ii) as to all other matters, for a period of 24 months following the Closing Date unless a bona fide notice of a Claim shall have been given, in writing in accordance with Section 20.1, before the expiry of that period, in which case the representation and warranty to which such notice applies shall survive in respect of that Claim until the final determination or settlement of that Claim, provided such determination or settlement is being pursued diligently and in good faith by the applicable Party.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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Concessionaire’s Representations and Warranties. The representations and warranties of the Concessionaire contained in Section 9.3 9.2 shall survive and continue in full force and effect for the benefit of the City as follows: (i) as to the representations and warranties contained in Sections 9.3(a9.2(a) through 9.3(h9.2(i), inclusive, without time limit; and (ii) as to all other matters, for a period of 24 months following the Closing Date unless a bona fide notice of a Claim shall have been given, in writing in accordance with Section 20.1, before the expiry of that period, in which case the representation and warranty to which such notice applies shall survive in respect of that Claim until the final determination or settlement of that Claim, provided such determination or settlement is being pursued diligently and in good faith by the applicable Party.

Appears in 2 contracts

Samples: Concession and Lease Agreement, Concession and Lease Agreement

Concessionaire’s Representations and Warranties. The representations and warranties of the Concessionaire contained in Section 9.3 9.2 shall survive and continue in full force and effect for the benefit of the City as follows: (i) as to the representations and warranties contained in Sections 9.3(a9.2(a) through 9.3(h9.2(h), inclusive, without time limit; and (ii) as to all other matters, for a period of 24 months following the Closing Date unless a bona fide notice of a Claim shall have been given, in writing in accordance with Section 20.1, before the expiry of that period, in which case the representation and warranty to which such notice applies shall survive in respect of that Claim until the final determination or settlement of that Claim, provided such determination or settlement is being pursued diligently and in good faith by the applicable Partyparty.

Appears in 2 contracts

Samples: Chicago Metered Parking System Concession Agreement, Concession Agreement

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Concessionaire’s Representations and Warranties. The representations and warranties of the Concessionaire contained in Section 9.3 9.2 shall survive and continue in full force and effect for the benefit of the City University as follows: (i) as to the representations and warranties contained in Sections 9.3(a9.2(a) through 9.3(h9.2(h), inclusive, without time limit; and (ii) as to all other matters, for a period of 24 months following the Closing Date unless a bona fide notice of a Claim shall have been given, in writing writing, in accordance with Section 20.122.1, before the expiry of that period, in which case the representation and warranty to which such notice applies shall survive in respect of that Claim until the final determination or settlement of that Claim, provided such determination or settlement is being pursued diligently and in good faith by the applicable Partyparty.

Appears in 1 contract

Samples: Long Term Lease and Concession Agreement

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