Common use of Survival of Covenants and Agreements Clause in Contracts

Survival of Covenants and Agreements. Each of the covenants of the parties contained in or made by the parties pursuant to the terms of this Agreement which are to be performed by the parties at and after the Closing, other than the indemnity obligations of the parties with respect to representations and warranties (which shall survive the Closing as provided for in the foregoing provisions of this Section), shall survive the Closing until the same shall have been performed or discharged in full.

Appears in 3 contracts

Samples: Subscription and Stock Purchase Agreement (Precision Auto Care Inc), Plan of Reorganization and Agreement for Share Exchange Offers (Precision Auto Care Inc), Plan of Reorganization and Agreement for Share Exchange Offers (Precision Auto Care Inc)

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Survival of Covenants and Agreements. Each The covenants and agreements of the covenants of the parties any Party contained in or made by the parties pursuant to the terms of this Agreement which are to be performed by the parties at and after the Closing, other than the indemnity obligations of the parties with respect to representations and warranties (which shall survive the Closing as provided for in the foregoing provisions of this Section), shall survive the Closing until they are terminated, whether by performance thereof, their express terms or as a matter of applicable Law; provided, however, such expiration shall not affect the same shall have been performed rights of any Party to seek recovery of liabilities arising out of any fraud, willful breach or discharged in fullintentional misrepresentation.

Appears in 2 contracts

Samples: Share Purchase Agreement (Kaisa Group Holdings Ltd.), Share Purchase Agreement (Koo M K)

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