Survival; Limitation of Liability. The representations and warranties set forth in Section 6(a) and Section 6(c) shall not be deemed to be merged into or waived by the instruments of Closing, but shall survive the Closing Date for a period of six (6) months. Neither party shall have any liability after Closing for the breach of a representation or warranty hereunder of which the other party hereto had knowledge as of Closing. Notwithstanding any provision of this Agreement to the contrary, from and after the Closing the maximum aggregate liability of Seller to Purchaser for any breach or breaches of the representations and warranties set forth in Section 6(a) will be limited to an amount equal to one percent (1%) of the Purchase Price. This Section 6(d) shall survive the Closing.
Appears in 6 contracts
Samples: Equity Interests Purchase and Sale Agreement (Aspire Real Estate Investors, Inc.), Equity Interests Purchase and Sale Agreement (Aspire Real Estate Investors, Inc.), Equity Interests Purchase and Sale Agreement (Aspire Real Estate Investors, Inc.)
