Examples of Survival Period in a sentence
Notwithstanding anything to the contrary herein, each Party's rights and obligations under this Agreement shall survive the expiration or termination of this Agreement for a period of three (3) years from the date of such expiration or termination, even after the return or destruction of Confidential Information by the Receiving Party (the "Survival Period").
No claim for indemnification under this Section 14 and no action or proceeding with respect to such claim shall be valid or enforceable, at law or in equity, unless (A) a Claim Notice is delivered prior to the expiration of the Survival Period and (B) a legal proceeding is commenced prior to the expiration of the Survival Period.
Notwithstanding anything in this Agreement to the contrary, the representations, warranties and covenants of City contained in this Agreement and the Closing Documents that expressly survive the Closing shall survive for a period of nine (9) months after the Closing (the “Survival Period”) unless a longer or shorter period is expressly provided for in this Agreement; provided, however, the Survival Period shall not apply in the event of City fraud or intentional, bad faith material misrepresentation.
Following the Closing for the Survival Period, Seller shall be liable for any breach of its representations, warranties, or covenants expressly set forth in this Agreement.