Common use of Survival of Vendor’s Representations, Warranties and Covenants Clause in Contracts

Survival of Vendor’s Representations, Warranties and Covenants. 3.2.1 The representations and warranties of the Vendors set forth in Section 3.1 shall survive the completion of the sale and purchase of the Purchased Shares herein provided for and, notwithstanding such completion, the representations and warranties set forth in Section 3.1 shall continue in full force and effect for the benefit of the Purchaser for a period of three years from the Closing Date, except for the representations and warranties of the Vendors set forth in Sections 3.1.1, 3.1.2, 3.1.3, 3.1.4, 3.1.5, 3.1.6, 3.1.7 and 3.1.12 and any representation and warranty fraudulently made, all of which shall survive in perpetuity and the representations and warranties in relation to Taxes, all of which shall survive until the expiry of the longest limitation period under applicable Law relating thereto.

Survival of Vendor’s Representations, Warranties and Covenants. 3.2.1 The representations and warranties of the Vendors set forth in Section 3.1 Section#3.1 shall survive the completion of the sale and purchase of the Purchased Shares herein provided for and, notwithstanding such completion, the representations and warranties set forth in Section 3.1 shall continue in full force and effect for the benefit of the Purchaser for a period of three years from the Closing Date, except for the representations and warranties of the Vendors set forth in Sections 3.1.1, 3.1.2, 3.1.3, 3.1.4, 3.1.5, 3.1.6, 3.1.7 and 3.1.12 3.1.11 and any representation and warranty fraudulently made, all of which shall survive in perpetuity and the representations and warranties in relation to Taxes, all of which shall survive until the expiry of the longest limitation period under applicable Law relating thereto.