Common use of Deductibles, Caps, Survival and Certain Limitations Clause in Contracts

Deductibles, Caps, Survival and Certain Limitations. (a) Subject to this Section 10.3, all representations, warranties, covenants and indemnities made by the Parties in this Agreement or pursuant hereto shall survive the Closing as hereinafter provided, and shall not be merged into any instruments or agreements delivered at Closing. The covenants of the parties hereunder shall survive indefinitely, and there shall be no time limitation for bringing any claim for indemnification pursuant to Section 10.2(c) or Section 10.2(d). Notwithstanding anything herein to the contrary, the limitations in Section 10.3(b) shall not apply to Losses to the extent such Losses arise from or relate to (i) Taxes or (ii) any claim for indemnification pursuant to Section 10.2(c) or Section 10.2(d).

Appears in 4 contracts

Samples: Contribution Agreement, Contribution Agreement, Contribution Agreement (DCP Midstream Partners, LP)

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Deductibles, Caps, Survival and Certain Limitations. (a) Subject to this Section 10.3, all representations, warranties, covenants and indemnities made by the Parties in this Agreement or pursuant hereto shall survive the Closing as hereinafter provided, and shall not be merged into any instruments or agreements delivered at Closing. The covenants of the parties Parties hereunder shall survive indefinitely, and there shall be no time limitation for bringing any claim for indemnification pursuant to Section 10.2(c) or Section 10.2(d). Notwithstanding anything herein to the contrary, the limitations in Section 10.3(b) shall not apply to Losses to the extent such Losses arise from or relate to (i) Taxes or (ii) any claim for indemnification pursuant to Section 10.2(c) or Section 10.2(d).

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (DCP Midstream Partners, LP)

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