Common use of Survival; Remedy for Breach Clause in Contracts

Survival; Remedy for Breach. The covenants, agreements, representations, warranties and indemnities of the parties hereto contained herein or in any certificate, Schedule or other writing attached hereto, or required by the terms hereof to be delivered by Purchaser or Seller or their respective affiliates, shall survive the Closing for a period from the Closing Date until the expiration of the applicable statutory period of limitations (giving effect to any waiver or extension thereof). Notwithstanding the preceding sentence, any representation, warranty, covenant or agreement in respect of which indemnity may be sought under Section 6 hereof shall survive the time at which it would otherwise terminate if notice of the inaccuracy or breach thereof, which shall include with reasonable specificity the elements of such claim, shall have been given to the party against whom such indemnity may be sought prior to such time.

Appears in 2 contracts

Samples: Stock Purchase Agreement (RVR Consulting Group Inc), Stock Purchase Agreement (Complete Wellness Centers Inc)

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Survival; Remedy for Breach. The covenants, agreements, representations, warranties and indemnities of the parties hereto contained herein or in any certificate, Schedule schedule or other writing attached hereto, or required by the terms hereof to be delivered by Purchaser or Seller or their respective affiliates, shall survive the Closing for a period from the Closing Date until the expiration of the applicable statutory period of limitations (giving effect to any waiver or extension thereof). Notwithstanding the preceding sentence, any representation, warranty, covenant or agreement in respect of which indemnity may be sought under Section 6 hereof shall survive the time at which it would otherwise terminate if notice of the inaccuracy or breach thereof, which shall include with reasonable specificity the elements of such claim, shall have been given to the party against whom such indemnity may be sought prior to such time.

Appears in 1 contract

Samples: Stock Purchase Agreement (Complete Wellness Centers Inc)

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Survival; Remedy for Breach. The covenants, agreements, representations, warranties and indemnities of the parties hereto contained herein or in any certificate, Schedule or other writing attached hereto, or required by the terms hereof to be delivered by Purchaser or Seller or their respective affiliates, shall survive the Closing for a period from the Closing Date until the expiration of the applicable statutory period of limitations (giving effect to any waiver or extension thereof). Notwithstanding the preceding sentence, any representation, warranty, covenant or agreement in respect of which indemnity may be sought under Section 6 hereof shall survive the time at which it would otherwise terminate if notice of the inaccuracy or breach thereof, which shall include with reasonable specificity the elements of such claim, shall have been given to the party against whom such indemnity may be sought prior to such time.. 6.2

Appears in 1 contract

Samples: Stock Purchase Agreement (Wexford Management LLC)

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