Common use of Survival of Obligation to Indemnify Clause in Contracts

Survival of Obligation to Indemnify. The indemnity obligations of this Section 12 shall survive the Closing and the payment of the consideration therefor for a period of one (1) year from the Closing (or in the case of Section 12.1.2, the expiration of the applicable statute of limitation within which claims may be brought against Permian for such activities, or in the case of Section 12.1.3., three (3) years from the date of filing of any required return), and shall continue thereafter with respect to: (a) matters which the party seeking indemnity hereunder shall have given the other party written notice of as provided herein prior to one (1) year from the Closing; and (b) any claims, actions, suits, investigations or proceedings based on fraud or willful misconduct, willful misrepresentation or willful breach of warranty.

Survival of Obligation to Indemnify. The indemnity obligations of this Section 12 11 shall survive the Closing and the payment of the consideration therefor for a period of one (1) year from the Closing (or in the case of Section 12.1.211.1.2, the expiration of the applicable statute of limitation within which claims may be brought against Permian NowAuto for such activities, or in the case of Section 12.1.311.1.3., three (3) years from the date of filing of any required return), ) and shall continue thereafter with respect to: (a) matters which the party seeking indemnity hereunder shall have given the other party written notice of as provided herein prior to one (1) year from the Closing; and (b) any claims, actions, suits, investigations or proceedings based on fraud or willful misconduct, willful misrepresentation or willful breach of warranty.

Survival of Obligation to Indemnify. The indemnity obligations of this Section 12 7 shall survive the Closing and the payment of the consideration therefor for a period of one (1) year from the Closing (or in the case of Section 12.1.27.1.2, the expiration of the applicable statute of limitation within which claims may be brought against Permian Birch Branch for such activities, or in the case of Section 12.1.37.1.3., three (3) years from the date of filing of any required return), and shall continue thereafter with respect to: (a) matters which the party seeking indemnity hereunder shall have given the other party written notice of as provided herein prior to one (1) year from the Closing; and (b) any claims, actions, suits, investigations or proceedings based on fraud or willful misconduct, willful misrepresentation or willful breach of warranty.