Fundamental Representation definition
Examples of Fundamental Representation in a sentence
Without limiting the foregoing, Parent shall give prompt written notice to the Company of the occurrence or failure to occur of any event or the discovery of any information, which occurrence, failure or discovery would be likely to cause any Parent Fundamental Representation to be untrue, inaccurate or incomplete after the date hereof in any respect.
Seller shall not have any liability for any Indemnifiable Amounts pursuant to Section 7.2.1 in excess of the amount of the Final Purchase Price to the extent such Indemnifiable Amounts are based upon, caused by, arising out of, resulting from, in connection with, or relating to the breach or inaccuracy of any Company Fundamental Representation or Seller Fundamental Representation.
For the avoidance of doubt, the limitations set forth in this Section 8.4(a) shall not apply to Losses based upon, arising out of, with respect to, or by reason of (i) any inaccuracy in or breach of any Fundamental Representation of Sellers or the Company or (ii) any claim under Section 8.2(b), Section 8.2(c), Section 8.2(d), or Section 8.2(e).
There shall be no time limitation on any claim brought for the breach of any Fundamental Representation, and the Sellers hereby waive all applicable statutory limitation periods with respect thereto.