Common use of Survival of Liabilities Clause in Contracts

Survival of Liabilities. Notwithstanding any other provision in this Agreement, any liabilities under this Agreement shall survive for 60 days following any applicable statute of limitation; provided, however, that each party may continue to demand the full amount of payment to be made with respect to any such liabilities under this Agreement and such liabilities shall continue to survive until paid in full in accordance with this Agreement.

Appears in 8 contracts

Samples: Tax Allocation Agreement (Abraxis Biosciences, Inc.), Tax Allocation Agreement (New Abraxis, Inc.), Tax Allocation Agreement (Alberto Culver Co)

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Survival of Liabilities. Notwithstanding any other provision in this Agreement, any liabilities under this Agreement shall survive for 60 sixty (60) days following any applicable statute of limitation; provided, however, that each party may continue to demand the full amount of payment to be made with respect to any such liabilities under this Agreement and such liabilities shall continue to survive until paid in full in accordance with this Agreement.

Appears in 2 contracts

Samples: Tax Allocation Agreement (Sun Healthcare Group Inc), Tax Allocation Agreement (Sabra Health Care REIT, Inc.)

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