Common use of Survival of Representations, Warranties, Covenants and Indemnities Clause in Contracts

Survival of Representations, Warranties, Covenants and Indemnities. The representations and warranties of the parties to this Agreement contained in Articles II and III hereof, and the indemnities with respect thereto, shall survive the Closing through the third anniversary of the Closing Date, at which time they shall expire, except that any claims made prior to the third anniversary of the Closing Date with respect to any Loss (as hereinafter defined) shall survive until liability therefore shall be finally determined. The covenants of the parties to this Agreement, and the indemnities with respect thereto, shall survive the Closing until they have been fully performed or satisfied or otherwise discharged.

Appears in 2 contracts

Samples: Agreement (Ideal Accents Inc), Asset Purchase Agreement (Ideal Accents Inc)

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Survival of Representations, Warranties, Covenants and Indemnities. The representations and warranties of the parties to this Agreement contained in Articles II and III hereof, and the indemnities with respect thereto, shall survive the Closing through the third anniversary of the Closing Date, at which time they shall expire, except that any claims made prior to the third anniversary of the Closing Date with respect to any Loss (as hereinafter defined) shall survive until liability therefore therefor shall be finally determined. The covenants of the parties to this Agreement, and the indemnities with respect thereto, shall survive the Closing until they have been fully performed or satisfied or otherwise discharged.

Appears in 2 contracts

Samples: Agreement (Ideal Accents Inc), Asset Purchase Agreement (Ideal Accents Inc)

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