Common use of Survival of Indemnification Rights Clause in Contracts

Survival of Indemnification Rights. The representations and warranties of the Company, the Seller, Parent and the Purchaser shall survive until the eighteen (18) month anniversary of the Closing Date; provided, that the Fundamental Representations shall survive until 30 days following the expiration of the applicable statute of limitations. The indemnification to which any Indemnified Party is entitled from the Indemnifying Parties pursuant to Section 11.1 or 11.2 for Losses shall be effective so long as it is asserted prior to the time such representations, warranties or covenants cease to survive hereunder.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Kline Hawkes Pacific Advisors, LLC), Stock Purchase Agreement (Vector Intersect Security Acquisition Corp.)

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Survival of Indemnification Rights. The representations and warranties of the Company, the Seller, Parent Seller and the Purchaser shall survive until the eighteen (18) 24 month anniversary of the Closing Date; provided, that the Fundamental Representations shall survive until 30 days following the expiration of the applicable statute of limitations. The indemnification to which any Indemnified Party is entitled from the Indemnifying Parties pursuant to Section 11.1 or 11.2 for Losses shall be effective so long as it is asserted prior to the time such representations, 24 month anniversary of the Closing Date in the case of all representations and warranties or covenants cease to survive of the Seller and Purchaser hereunder.

Appears in 1 contract

Samples: Profit Interest Purchase Agreement (Asia Entertainment & Resources Ltd.)

Survival of Indemnification Rights. The representations and warranties of the Company, Company and the Seller, Parent Sellers and the Purchaser shall survive until the eighteen (18) 18 month anniversary of the Closing Date; provided, that the Fundamental Representations shall survive until 30 days following the expiration of the applicable statute of limitations. The indemnification to which any Indemnified Party is entitled from the Indemnifying Parties pursuant to Section 11.1 or 11.2 for Losses shall be effective so long as it is asserted prior to the time such representations18 month anniversary of the Closing Date in the case of all representations and warranties of the Company, warranties or covenants cease to survive the Subsidiaries, the Sellers and Purchaser hereunder.

Appears in 1 contract

Samples: Share Exchange Agreement (Hebron Technology Co., LTD)

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Survival of Indemnification Rights. The representations and warranties of the Company, Company and the Seller, Parent Seller and the Purchaser shall survive until the eighteen (18) 18 month anniversary of the Closing Date; provided, that the Fundamental Representations shall survive until 30 days following the expiration of the applicable statute of limitations. The indemnification to which any Indemnified Party is entitled from the Indemnifying Parties pursuant to Section 11.1 or 11.2 for Losses shall be effective so long as it is asserted prior to the time such representations18 month anniversary of the Closing Date in the case of all representations and warranties of the Company, warranties or covenants cease to survive the Subsidiaries, the Seller and Purchaser hereunder.

Appears in 1 contract

Samples: Share Purchase Agreement (Nisun International Enterprise Development Group Co., LTD)

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