Common use of Limitation on Indemnification Rights Clause in Contracts

Limitation on Indemnification Rights. (a) Subject to the provisions of Sections 9.4(b) and 9.4(c) below it is understood and agreed that no claim for recovery of indemnifiable damages may be asserted based on a representation, warranty or applicable portion thereof set forth in this Agreement or the Transaction Documents after it has been extinguished in accordance with Section 8.3 hereof. The date on which a claim would be extinguished in accordance with Section 8.3 but for the provisions of this Section 9.4 is sometimes referred to as the "Expiration Date" of such claim.

Appears in 2 contracts

Samples: Stock Purchase Agreement (TMP Worldwide Inc), Stock Purchase Agreement (TMP Worldwide Inc)

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Limitation on Indemnification Rights. (a) Subject to the provisions of Sections 9.4(bSECTIONS 9.4(B) and 9.4(c9.4(C) below it is understood and agreed that no claim for recovery of indemnifiable damages may be asserted based on a representation, warranty or applicable portion thereof set forth in this Agreement or the Transaction Documents after it has been extinguished in accordance with Section SECTION 8.3 hereof. The date on which a claim would be extinguished in accordance with Section SECTION 8.3 but for the provisions of this Section SECTION 9.4 is sometimes referred to as the "Expiration Date" of such claim.

Appears in 1 contract

Samples: Purchase Agreement (TMP Worldwide Inc)

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Limitation on Indemnification Rights. (ai) Subject to the provisions of Sections 9.4(bSubsections (d)(ii) and 9.4(c(d)(iii) below it is understood and agreed that no claim for recovery of indemnifiable damages may be asserted based on a representation, warranty or applicable portion thereof set forth in this Agreement or the Transaction Documents after it has been extinguished in accordance with Section 8.3 8.8 hereof. The date on which a claim would be extinguished in accordance with Section 8.3 8.8 but for the provisions of this Section 9.4 Subsection (d) is sometimes referred to as the "Expiration DateEXPIRATION DATE" of such claim.

Appears in 1 contract

Samples: Merger Agreement (Vitrix Inc /Nv/)

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