Common use of Survival of Representations and Warranties; Survival of Covenants and Agreements Clause in Contracts

Survival of Representations and Warranties; Survival of Covenants and Agreements. The representations and warranties of the Seller set forth in Sections 3.1, 3.2, 3.3, 3.4 and 3.16, and the representations and warranties of the Buyer set forth in Sections 4.1, 4.2, 4.3 and 4.4, shall survive the Closing for a period of twelve months; all other representations and warranties of the Parties contained in this Agreement shall terminate at the Closing and all representations and warranties of the Parties contained in this Agreement shall terminate upon a termination of this Agreement pursuant to Section 10.1. The covenants of the Parties contained in this Agreement, other than those which by their terms survive the Closing and/or termination of this Agreement, shall terminate at the Closing or the termination of this Agreement pursuant to Section 10.1.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Somerset Power LLC), Settlement Agreement (Holyoke Water Power Co), Purchase and Sale Agreement (Northeast Generation Co)

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Survival of Representations and Warranties; Survival of Covenants and Agreements. The representations and warranties of the Seller CL&P set forth in Sections Section s 3.1, 3.2, 3.3, 3.4 and 3.163.13, and the representations and warranties of the Buyer CRRA set forth in Sections Section s 4.1, 4.2, 4.3 and 4.4, shall survive the Closing for a period of twelve monthsone (1) year after the Closing Date; all other representations and warranties of the Parties contained in this Agreement shall terminate at the Closing and all representations and warranties of the Parties contained in this Agreement shall terminate upon a termination of this Agreement pursuant to Section 10.1. The covenants of the Parties contained in this Agreement, other than those set forth in this Article 9 and those which by their terms survive the Closing and/or termination of this Agreement, shall terminate at the Closing or the termination of this Agreement pursuant to Section 10.1.

Appears in 1 contract

Samples: Title Transfer Agreement (Northeast Utilities System)

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