Representations and Warranties Survive Closing. It is the express intention and agreement of the parties that all representations and warranties made by the parties in this Agreement shall survive the Closing for a period of twenty-four (24) months. Thereafter, all representations and warranties made by the parties in this Agreement shall terminate and no action may be had on them (excepting claims made during the Survival Period may continue to be pursued). All covenants and agreements of the parties shall survive the Closing in accordance with their terms.
Appears in 6 contracts
Samples: Dealership Asset Purchase Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Purchase Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Purchase Agreement (LMP Automotive Holdings, Inc.)
