Common use of Expiration of Representations and Warranties Clause in Contracts

Expiration of Representations and Warranties. Each representation and warranty of Buyer and Seller made pursuant to this Agreement shall survive for a period of eighteen (18) months following the Closing Date regardless of any investigation made at any time by or on behalf of either party, and thereafter neither party may make any claim for any breach of such representations and warranties. Notwithstanding the foregoing, the representations and warranties set forth in Sections 3.1(a), 3.1(b), 3.1(d), 3.1(e), 3.1(f), 3.2(a) and 3.2(b) shall survive in perpetuity, the representations and warranties set forth in Sections 3.1(p) and 3.1(q) shall survive for a period of three years following the Closing Date, and the representations and warranties set forth in Section 3.1(r) shall survive until the expiration of the applicable statute of limitations with respect to the matters set forth therein.

Expiration of Representations and Warranties. Each representation The representations and warranty warranties of Buyer and Seller made pursuant to this Agreement set forth in Section 3.1(a) – (n) shall survive Closing for a period of eighteen nine (189) months following the Closing Date regardless of any investigation made at any time by or on behalf of either partymonths, and thereafter neither party may make any claim for any breach of such representations and warranties. Notwithstanding the foregoing, the representations and warranties set forth in Sections 3.1(a), 3.1(b), 3.1(d), 3.1(e), 3.1(f), 3.2(a) and 3.2(b) shall survive in perpetuity, the representations and warranties set forth in Sections 3.1(p) and 3.1(q) shall survive for a period of three years following the Closing Date, and except that the representations and warranties set forth in Section 3.1(r3.1(a) (Due Organization and Power), Section 3.1(b) (Authority), and Section 3.1(j) (Tax Matters) (collectively, the “Surviving Representations”) shall survive the Closing until the expiration of underlying obligation is time barred by the applicable statute of limitations with respect to the matters limitations. The post-closing covenants set forth thereinin Section 3.1(q) – (u) shall survive Closing for a period of twelve (12) months. The post-closing covenants set forth in Section 3.1(p) shall survive Closing as set forth in such Section 3.1(p).