Common use of Investigation or Knowledge Clause in Contracts

Investigation or Knowledge. The rights of Purchasers, the Company, TMMPT, the TMMPT Subsidiaries and their respective Affiliates, directors, officers, employees and agents to indemnification, payment of damages or other remedy based on any representations, warranties, covenants, and obligations of a Seller will not be affected by any investigation conducted by Purchasers or FSC with respect to, or any knowledge 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. Further, the waiver by Purchasers or FSC 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 of damages, or other remedy based on such representations, warranties, covenants, and obligations.