Common use of Continuation and Survival of Representations and Warranties, Etc Clause in Contracts

Continuation and Survival of Representations and Warranties, Etc. All representations and warranties by the respective parties contained herein or made in writing pursuant to this Agreement are intended to and shall remain true and correct as of the time of Closing, shall be deemed to be material, and, together with all conditions, covenants and indemnities made by the respective parties contained herein or made in writing pursuant to this Agreement, shall survive the execution and delivery of this Agreement and the Closing for a period of 12 months, or, to the extent the context requires, beyond any termination of this Agreement. In the event that a claim is not made with respect to a breach of a representation, warranty or covenant set forth herein within such 12 month period, such claim shall be deemed waived.

Appears in 4 contracts

Samples: Purchase Agreement (American Industrial Properties Reit Inc), Purchase Agreement (American Industrial Properties Reit Inc), Purchase Agreement (American Industrial Properties Reit Inc)

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