Expiration of Indemnification. The indemnification obligations ----------------------------- under this Section 7.3 shall terminate at 5:00 p.m., Pacific Time on the third anniversary of the Effective Date, but shall not terminate as to any Loss (or a potential claim by an appropriate party) asserted in good faith prior to such date; provided, however, that the representations and warranties with respect to Taxes (Section 2.10) and environmental laws (Section 2.20) shall survive until the expiration of the applicable statute of limitations, if any.
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Samples: Agreement and Plan of Reorganization (Usweb Corp), Agreement and Plan of Reorganization (Usweb Corp), Agreement and Plan of Reorganization (Usweb Corp)
Expiration of Indemnification. The indemnification obligations ----------------------------- under this Section 7.3 shall terminate at 5:00 p.m., Pacific Time on the third anniversary of the Effective Agreement Date, but shall not terminate as to any Loss (or a potential claim by an appropriate party) asserted in good faith prior to such date; provided, however, that the representations and warranties with respect to Taxes (Section 2.10) and environmental laws (Section 2.20) shall survive until the expiration of the applicable statute of limitations, if any.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Usweb Corp), Agreement and Plan of Reorganization (Usweb Corp), Agreement and Plan of Reorganization (Usweb Corp)
Expiration of Indemnification. The indemnification obligations ----------------------------- under this Section 7.3 4.2 shall terminate at 5:00 p.m., Pacific Time on Time, six (6) months after the third anniversary of the Effective Closing Date, but shall not terminate as to any Loss (or a potential claim by an appropriate party) asserted in good faith prior to such date; provided, however, that the representations and warranties with respect to Taxes (Section 2.10) and environmental laws (Section 2.20) shall survive until the expiration of the applicable statute of limitations, if any.
Appears in 1 contract
Samples: Asset Purchase and Assumption of Liabilites Agreement (Tangible Asset Galleries Inc)
Expiration of Indemnification. The indemnification obligations ----------------------------- under this Section 7.3 shall terminate at 5:00 p.m., Pacific Time on Time, eighteen (18) months after the third anniversary of the Effective Agreement Date, but shall not terminate as to any Loss (or a potential claim by an appropriate party) asserted in good faith prior to such datedate in accordance with Section 7.3(d) below; provided, however, that the representations and warranties with respect to Taxes (Section 2.10) and environmental laws (Section 2.20) shall survive until the expiration of the applicable statute of limitations, if any.
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Expiration of Indemnification. The indemnification obligations ----------------------------- under this Section 7.3 shall terminate at 5:00 p.m., Pacific Time on the third anniversary of date that is 18 months after the Effective Date, but shall not terminate as to any Loss (or a potential claim by an appropriate party) asserted in good faith prior to such date; provided, however, that the representations and warranties with respect to Taxes (Section 2.10) and and, environmental laws (Section 2.20), and the tax indemnification (Section 7.3(c)) shall survive until the expiration of the applicable statute of limitations, if any.
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Expiration of Indemnification. The indemnification obligations ----------------------------- under this Section 7.3 shall terminate at 5:00 p.m., Pacific Time on the third second anniversary of the Effective Date, but shall not terminate as to any Loss (or a potential claim by an appropriate party) asserted in good faith prior to such date; provided, however, that the representations and warranties with respect to Taxes (Section 2.10) and environmental laws (Section 2.20) shall survive until the expiration of the applicable statute of limitations, if any.
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