Common use of Survival of Representations, Warranties or Covenants Clause in Contracts

Survival of Representations, Warranties or Covenants. Except as set forth in the following sentences, none of the representations, warranties or covenants of the parties will survive the Effective Time or the earlier termination of this Agreement, and thereafter Merchants, BDC and all the respective directors, officers and employees of Merchants and BDC will have no further liability with respect thereto. The covenants contained in Section 8.02 shall survive termination of this Agreement. The covenants contained in Sections 2.02 and 6.10 shall survive the Effective Time.

Survival of Representations, Warranties or Covenants. Except as set forth in the following sentencesthis Section 12.09, none of the representations, warranties or covenants of the parties will survive the Effective Time or the earlier termination of this Agreement, and thereafter Merchants, BDC and all the respective its directors, officers and employees of Merchants Merchants, and BDC PR will have no further liability with respect thereto. The covenants contained in Section 8.02 shall survive termination of this Agreement. The covenants contained in Sections 2.02 and 6.10 7.09 shall survive the Effective Time.