Common use of Survival; Right to Indemnification Clause in Contracts

Survival; Right to Indemnification. All representations, warranties, covenants, and obligations in this Agreement, the certificates delivered pursuant to Section 5 hereof, and any other certificate or document delivered pursuant to this Agreement will survive the Closing. The right to indemnification, payment of damages or other remedy based on such representations, warranties, covenants, and obligations will not be affected by any investigation conducted with respect to, or any knowledge acquired (or capable of being acquired) at any time, whether before or after the execution and delivery of this Agreement or the Closing Date, with respect to the accuracy or inaccuracy of or compliance with, any such representation, warranty, covenant, or obligation. The waiver of any condition based on the accuracy of any representation or warranty, or on the performance of or compliance with any covenant or obligation, will not affect the right to indemnification, payment or damages, or other remedy based on such representations, warranties, covenants, and obligations.

Appears in 3 contracts

Samples: Warrant Agreement (Us Home & Garden Inc), Note and Warrant Purchase Agreement (Specialty Catalog Corp), Note and Warrant Purchase Agreement (Specialty Catalog Corp)

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Survival; Right to Indemnification. All representations, warranties, covenants, and obligations in this Agreement, the certificates delivered pursuant to Section 5 hereofPromissory Note and the Collateral Pledge Agreement, and any other certificate or document delivered pursuant to this Agreement will shall survive the ClosingClosing Date. The right to indemnification, payment of damages or other remedy based on such representations, warranties, covenants, and obligations will shall not be affected by any investigation conducted with respect to, or any knowledge acquired (or capable of being acquired) at any time, whether before or after the execution and delivery of this Agreement or the Closing Date, with respect to the accuracy or inaccuracy of or compliance with, any such representation, warranty, covenant, or obligation. The waiver of any condition based on the accuracy of any representation or warranty, or on the performance of or compliance with any covenant or obligation, will shall not affect the right to indemnification, payment or of damages, or other remedy based on such representations, warranties, covenants, and obligations.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Vig Peter R), Stock Purchase Agreement (Lee Global Energy Fund Lp)

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