Survival of Obligation to Indemnify. The obligation of each party hereto to indemnify the other party hereto shall survive the Closing and the payment of the consideration therefore for a period of one year from the Closing Date, and shall continue thereafter with respect to: (a) matters which the party seeking indemnity hereunder shall have given the other party written notice of as provided herein prior to one year from the Closing Date; and (b) any claims, actions, suits, investigations or proceedings based on fraud or willful misconduct, willful misrepresentation or willful breach of warranty.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Wireless Synergies Inc), Agreement and Plan of Merger (Guidon John), Agreement and Plan of Merger (Texas E Solutions Inc)
