Survival of Representations and Warranties of the Parties. All representations and warranties made by any party hereto contained in this Agreement or in any Ancillary Document, and the indemnification obligations of each party hereto, shall survive the Closing Date until the second anniversary of the Closing Date. Notwithstanding the foregoing, if a party has made a claim for indemnification in accordance with the procedures set forth in this Article 5 on or prior to the expiration of the applicable survival period referred to in the previous sentence, then the indemnity obligations relating to such claim shall survive until the final resolution of such claim, as further provided in this Article 5.
Appears in 3 contracts
Samples: Purchase Agreement (China Direct Trading Corp), Purchase and Settlement Agreement (China Direct Trading Corp), Purchase Agreement (China Direct Trading Corp)
Survival of Representations and Warranties of the Parties. All Except as provided in the next sentence, all representations and warranties made by any party hereto contained in this Agreement or in any Ancillary Document, and the indemnification obligations of each party hereto, shall survive the Closing Date until the second (2nd) anniversary of the Closing Date. Notwithstanding the foregoing, if a party has made a claim for indemnification in accordance with the procedures set forth in this Article 5 on or prior to the expiration of the applicable survival period referred to in the previous sentence, then the indemnity obligations relating to such claim shall survive until the final resolution of such claim, as further provided in this Article 5.
Appears in 2 contracts
Samples: Purchase Agreement (Polarityte, Inc.), Asset Purchase Agreement (Diversified Health & Fitness Inc)
Survival of Representations and Warranties of the Parties. All Except as --------------------------------------------------------- provided in the next sentence, all representations and warranties made by any party hereto contained in this Agreement or in any Ancillary Document, and the indemnification obligations of each party hereto, shall survive the Closing Date until the second anniversary of the Closing Release Date. Notwithstanding the foregoing, if Provided that a party has made a claim for indemnification in accordance with the procedures set forth in this Article 5 7 on or prior to the expiration of the applicable survival period referred to in the previous sentence, then the indemnity obligations relating to such claim shall survive until the final resolution of such claim, as further provided in this Article 57.
Appears in 1 contract