Common use of Limits on Indemnification Obligations Clause in Contracts

Limits on Indemnification Obligations. All representations and warranties of the Seller contained in, or arising out of, this Agreement shall survive the Closing hereunder for a period of two (2) years after the Closing Date; provided, however, that the Fundamental and Statutory Representations shall survive until the expiration of the applicable statute of limitations. All Post-Closing Covenants of the Seller and the Equity Holders, other than Jxxxx Xxxxx, will survive the Closing in accordance with their terms. If the Buyer provides notice of a claim in accordance with the terms of this Agreement prior to the end of the period of survival set forth in this Section 6.1, then the Liability for such claim will continue until the claim is fully resolved.

Limits on Indemnification Obligations. All representations and warranties of the Seller Buyer contained in, or arising out of, this Agreement shall survive the Closing hereunder for a period of two (2) years after the Closing Date; provided, however, that the Fundamental representations and Statutory Representations warranties in Section 3.1 (Organization and Authority of Buyer; Enforceability) shall survive until the expiration of the applicable statute of limitations. All Post-Closing Covenants of the Seller and the Equity Holders, other than Jxxxx Xxxxx, Buyer will survive the Closing in accordance with their terms. If the Buyer Seller provides notice of a claim in accordance with the terms of this Agreement prior to the end of the applicable period of survival set forth in this Section 6.16.2, then the Liability for such claim will continue until the claim is fully resolved.