Survival of Sellers’ obligations. The termination of this Agreement for any cause whatsoever shall not affect the right of the Buyers to recover from the Sellers any money due to the Owners in consequence thereof and all other rights of the Owners (including but not limited to any rights, benefits or indemnities which are expressly provided to continue after the termination of this Agreement) are reserved hereunder.
Survival of Sellers’ obligations. Notwithstanding anything set forth in this Agreement, in the Seller Closing Deliveries or the Purchaser Closing Deliveries (together, the “Closing Deliveries”), or otherwise, Seller shall not have any liability or obligation with respect to any of Seller’s obligations or duties under this Agreement or any Closing Deliveries or otherwise unless prior to the end of the Survival Period Purchaser notifies Seller in writing setting forth specifically and in reasonable detail the claim being made with respect to such Seller obligation and reasonable and appropriate backup information. All liability or obligation of Seller with respect to any obligation of Seller under this Agreement, the Closing Deliveries or otherwise shall lapse and be of no further force or effect with respect to any matters not contained in a written notice delivered to Seller as contemplated herein on or prior to the end of the Survival Period.
Survival of Sellers’ obligations. The representations, warranties covenants and obligations of Seller set forth in this Agreement shall survive the Closing, but, any action, suit or proceeding brought by Buyer against Seller under this Agreement or under any documents executed by Seller in connection herewith shall be commenced and served, if at all, on or before the date which is twelve (12) months after the date of Closing and, if not commenced and served on or before such date, thereafter shall be void and of no force or effect. The aggregate liability of Seller with respect to all claims by Buyer for breaches of Seller’s representations, warranties, covenants and/or obligations set forth in this Agreement shall not exceed $1,500,000. To secure any liability of Seller to Buyer under Paragraph 7 of this Agreement up to the amount of $1,500,000, G REIT hereby (i) agrees to execute and deliver at Closing to Buyer a guaranty in the form attached hereto as Exhibit I (the “Guaranty”), and (ii) covenants and agrees to maintain its existence as a corporation duly organized under the laws of the State of Maryland for a minimum period of 12 months after Closing and shall not liquidate, dissolve or terminate its existence prior to the expiration of such 12 month period. If no action, suit or proceeding has been brought by Buyer against G REIT under the Guaranty within 12 months after Closing, the Guaranty shall terminate as of the date which is 12 months after the Closing. If any action, suit or proceeding has been brought by Buyer against G REIT under the Guaranty within 12 months after Closing, the Guaranty shall continue in full force and effect only with respect to such action, suit or proceeding until such action, suit or proceeding has been finally adjudicated and Guarantor’s obligations have been satisfied.
Survival of Sellers’ obligations. (i) Sellers' obligations under SECTIONS 11.1(i)(b) and (c) shall survive the Closing until the eighteen (18) month anniversary of the Closing Date, except that obligations regarding breaches or defaults in covenants and any untruth or error in any of the representations and warranties contained in SECTIONS 5.1, 5.2, 5.3, 5.7, 5.17, 5.19 and 5.20 shall survive until the expiration of the applicable statute of limitation date.
