Survival of Representations and Warranties of Seller and Shareholder Sample Clauses

Survival of Representations and Warranties of Seller and Shareholder. All representations, warranties, agreements, covenants and obligations made or undertaken by Seller and Shareholder in this Agreement or in any document or instrument executed and delivered pursuant hereto are material, have been relied upon by Purchaser and shall survive the Closing hereunder and shall not merge in the performance of any obligation by any party hereto. Seller and Shareholder, jointly and severally, agree to and shall indemnify and hold harmless Purchaser or any assignee of Purchaser at all times after the date of this Agreement from and against and in respect of, any liability, claim, deficiency, loss, damage, or injury and all reasonable costs and expenses (including reasonable counsel fees and costs of any suit related thereto) suffered or incurred by Purchaser arising from (i) any misrepresentation, or breach of any covenant or warranty of Seller or Shareholder contained in this Agreement or any exhibit, certificate or other instrument furnished or to be furnished by Seller or Shareholder hereunder, or any claim by a third party (regardless of whether the claimant is ultimately successful) which if true would be such a misrepresentation or breach, (ii) any nonfulfillment of any agreement on the part of either of Seller or Shareholder under this Agreement or from any misrepresentation in or omission from, any certificate or other instrument furnished or to be furnished to Purchaser hereunder, (iii) any suit, action, proceeding, claim or investigation pending or threatened against or affecting the Assets from any matter or state of facts existing prior to Closing, regardless of whether it is disclosed on Exhibit 3.12, (iv) any claim or debt, obligation or liability which is not specifically assumed by Purchaser pursuant to this Agreement, (v) any matter regarding Hazardous Substances on any Leased Real Property or regarding any applicable federal, state or local environmental laws or permits pertaining to the Leased Real Property, regardless of whether it has been disclosed in the Exhibits hereto, (vi) any claim or right, or any alleged claim or right, of third persons by virtue of application of bulk sales laws or otherwise which may be asserted against any of the Assets, (vii) any Third Party Claim, or (viii) any claim against, or liability that is of a nature that, if known at Closing, would have been required to have been disclosed pursuant to this Agreement. In addition to any other rights or remedies Purchaser may have, Purchaser s...
AutoNDA by SimpleDocs
Survival of Representations and Warranties of Seller and Shareholder. Notwithstanding any right of Buyer fully to investigate the affairs of Seller and notwithstanding any knowledge of facts determined or determinable by Buyer pursuant to such investigation or right of investigation, Buyer has the right to rely fully upon the representations and warranties of Seller and Shareholder contained in this Agreement or in any other Transaction Document. All such representations and warranties shall survive the execution and delivery of this Agreement and the Closing hereunder until the second anniversary of the Closing, except that the representation and warranties contained in Section 2.2 and Section 2.8 shall survive until ninety (90) days after the expiration of the applicable statute of limitations and any extensions thereof.

Related to Survival of Representations and Warranties of Seller and Shareholder

  • REPRESENTATIONS AND WARRANTIES OF SELLER AND PURCHASER Seller and Purchaser hereby represent and warrant that there has been no act or omission by Seller, Purchaser or the Corporation which would give rise to any valid claim against any of the parties hereto for a brokerage commission, finder's fee, or other like payment in connection with the transactions contemplated hereby.

  • Survival of Representations and Warranties All representations and warranties made hereunder and in any other Loan Document or other document delivered pursuant hereto or thereto or in connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the Administrative Agent and each Lender, regardless of any investigation made by the Administrative Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default at the time of any Credit Extension, and shall continue in full force and effect as long as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding.

  • Survival of Representation and Warranties Except as expressly set forth herein, none of the representations, warranties, covenants and agreements made by Stockholder, Saturn or Merger Sub in this Agreement will survive the Closing hereunder.

  • Nonsurvival of Representations and Warranties None of the representations and warranties in this Agreement or in any instrument delivered pursuant to this Agreement shall survive the Effective Time. This Section 8.01 shall not limit any covenant or agreement of the parties which by its terms contemplates performance after the Effective Time.

  • REPRESENTATIONS AND WARRANTIES OF SELLER PARTIES Each Seller Party hereby jointly and severally represents and warrants to the Purchasers as follows:

  • Non-Survival of Representations and Warranties None of the representations and warranties in this Agreement or in any instrument delivered pursuant to this Agreement shall survive the Effective Time. This Section 8.1 shall not limit any covenant or agreement of the parties which by its terms contemplates performance after the Effective Time.

  • No Survival of Representations and Warranties None of the representations and warranties contained in this Agreement or in any certificate delivered pursuant to this Agreement shall survive the Merger.

  • Survival of Representations and Warranties, Etc All representations and warranties set forth in this Article VI and all representations and warranties contained in any certificate, or any of the Loan Documents (including, but not limited to, any such representation or warranty made in or in connection with any amendment thereto) shall constitute representations and warranties made under this Agreement. All representations and warranties made under this Agreement shall be made or deemed to be made at and as of the Closing Date (except those that are expressly made as of a specific date), shall survive the Closing Date and shall not be waived by the execution and delivery of this Agreement, any investigation made by or on behalf of the Lenders or any borrowing hereunder.

  • REPRESENTATIONS AND WARRANTIES OF BUYER AND PARENT Each of Buyer and Parent represents and warrants with respect to itself to Sellers as follows:

  • REPRESENTATIONS AND WARRANTIES OF SELLERS Sellers represent and warrant to Buyer as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.