Examples of Property Representations in a sentence
Promptly and in no event more than ten (10) Business Days after any Responsible Officer of Borrower or Manager obtains actual knowledge that any Property fails to comply with the Property Representations or the Property Covenants, written notice thereof and the action that Borrower is taking or proposes to take with respect thereto.
Promptly and in no event more than ten (10) Business Days after any Responsible Officer of Borrower obtains actual knowledge that any Property fails to comply with the Property Representations or the Property Covenants, written notice thereof and the action that Borrower is taking or proposes to take with respect thereto.
All Property Representations shall survive the Closing but shall expire on 12:00 p.m. on the first anniversary of the Closing Date (the “Survival Date”) except in the case of any breach of a Property Representation of which notice is given to the Xxxxx Transferor(s) who made it and to TMLP prior to 12:00 p.m. on the Survival Date.
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Subject to the limitations set forth in this Section 8, Seller shall indemnify, defend and hold harmless Buyer from and against any Damages, loss or liability incurred by Buyer to the extent resulting from (i) any breach by Seller of the Property Representations, (ii) any breach by Seller of any of its covenants under Section 8G, and (iii) any Retained Liabilities.