Term of Indemnities. The obligation of Novartis to indemnify under Clause 13.7 (Novartis Indemnity) and Clause 14 (Asia Investigation) and the obligation of Alcon to indemnify under Clause 13.8 (Alcon Indemnity), together with the related obligations of both parties under this Clause 15 (Liabilities and Additional Matters), shall lapse (verjähren) upon expiry of the 10 (ten) year term pursuant to article 127 of the Swiss Code of Obligations, which shall start to run on the date on which the obligation of Novartis to indemnify under Clause 13.7 (Novartis Indemnity) or the obligation of Alcon to indemnify under Clause 13.8 (Alcon Indemnity), as applicable, becomes due, such due date being the date on which the relevant indemnified Party actually suffers or incurs a relevant Liability.
Term of Indemnities. Notwithstanding any other provision in this Agreement to the contrary, the indemnification obligations and rights set forth in this Article 8 shall survive the expiration or other termination of this Agreement, and Buyer’s acceptance of any Products shall not be construed to relieve Seller of any obligation under this Article 8.
Term of Indemnities. The right to indemnity for breaches or inaccuracies of representations and warranties under this Article 5 shall not terminate:
(a) with respect to the representations and warranties in Section 4.1 at any time after Closing;
(b) with respect to the representations and warranties in Section 4.2 until the second anniversary of the Closing Date;
(c) with respect to the representations and warranties in Sections 4.3(aa) to 4.3(qq) until the date that is 90 days after the expiration of the applicable statute of limitations relating thereto; and
(d) with respect to all other representations and warranties in Section 4.3, and the representations and warranties under the Subscription Agreement, until the third anniversary of the Closing Date, provided, further, that notwithstanding any termination of the underlying representation or warranty in accordance with this Section 5.4, with respect to any pending Claim for indemnity hereunder which shall have been made prior to the applicable termination date, the right to indemnity shall not terminate until the final determination and satisfaction of such Claim.
Term of Indemnities. Notwithstanding any other provision in this Agreement to the contrary, but subject to the specific limitations contained herein with respect to indemnification obligations, including the limitations contained in Sections 11.1 and 11.2, the indemnification obligations and rights set forth in this Article 11 with respect to a Facility shall survive the expiration or other termination of this Agreement with respect to such Facility, and Company's acceptance of Contractor's New Program Parts, Miscellaneous Hardware, Shop Repairs and Services shall not be construed to relieve Contractor of any obligation under this Article 11.
Term of Indemnities. Except as hereinafter expressly provided, the right to indemnification under Sections 10.01 and 10.02 hereof shall expire twelve (12) months following the Closing Date; provided, however, that such limitation shall not be applicable to an indemnification claim for which a Claim Notice was given within the twelve-month period following the Closing Date with respect to claims under Section 10.01, to the extent any such claim is pending upon expiration of the applicable period. Any such pending claim shall survive in respect of that claim until the final determination or settlement of that claim.
Term of Indemnities. The indemnities granted in this Section 23 shall survive the expiration or termination of this Agreement.
Term of Indemnities. The indemnities listed in Section 11.6.1 shall be valid as follows: Sections 11.6.1(a), 11.6.1(b) and 11.6.1(e) for a period of 5 (five) years from the Closing Date; Section 11.6.1(d) for 3 (three) years from the Closing Date; and Sections 11.6.1(c) and 11.6.1(e) for 18 months from the Closing Date.
Term of Indemnities. Notwithstanding any other provision in this Agreement to the contrary, the indemnification obligations and rights set forth in this Article 6 shall survive the expiration or other termination of this Agreement, and Buyer’s acceptance of Modules shall not be construed to relieve either Party of any obligation under this Article 6.
Term of Indemnities. The obligation of Novartis to indemnify under Clause 13.6 (Novartis Indemnity) and the obligation of Sandoz to indemnify under Clause 13.5 (Sandoz Indemnity), together with the related obligations of both Parties under this Clause 14 (Liabilities and Additional Matters), shall lapse (verjähren) upon expiry of the 10-year term pursuant to article 127 of the Swiss Code of Obligations, which shall start to run on the date on which the obligation of Novartis to indemnify under Clause 13.5 (Novartis Indemnity) or the obligation of Sandoz to indemnify under Clause 13.6 (Sandoz Indemnity), as applicable, becomes due, such due date being the date on which the relevant indemnified Party actually suffers or incurs a relevant Liability.
Term of Indemnities. Except as hereinafter expressly provided, the right to indemnification under Section 7.2 shall expire on the applicable Expiration Date; provided, however, that such limitation shall not be applicable to an indemnification claim for which a Claim Notice was given on or before such Expiration Date. Any such pending claim shall survive in respect of that claim until the final determination or settlement of that claim.
