TERMINATION OF LIABILITIES. Notwithstanding any other provision in this Agreement, any liabilities determined under this Agreement shall not terminate any earlier than the expiration of the applicable statute of limitation for such liability. All other covenants under this Agreement shall survive indefinitely.
TERMINATION OF LIABILITIES. Notwithstanding any other provision in this Tax Separation Agreement, any liabilities determined under this Tax Separation Agreement shall not terminate upon the expiration of the applicable statute of limitation for such liability. All other covenants under this Tax Separation Agreement shall survive indefinitely.
TERMINATION OF LIABILITIES. All representations, warranties and covenants under this Agreement shall survive indefinitely.
TERMINATION OF LIABILITIES. In the event of a sale or other transfer of the Property, all of the duties, obligations, undertakings and liabilities of Owner or other transferor (the “Transferor”) under the terms of this Agreement shall thereafter cease and terminate as to the Transferor, except as to any acts or omissions or obligations to be paid or performed by the Transferor that occurred or arose prior to such sale or transfer. As a condition precedent to the termination of the liability of the Transferor under this Agreement, the transferee of the Property (a “New Owner”), as a condition precedent to its admission as a New Owner, shall meet with CIC and assume in writing, on the same terms and conditions as apply to the Transferor, all of the duties and obligations of the Transferor arising under this Agreement from and after the date of such sale or transfer. Such assumption shall be in form and substance acceptable to CIC. Any such New Owner shall not be obligated with respect to matters or events that occur or arise before its admission as a New Owner.
TERMINATION OF LIABILITIES. Notwithstanding any other -------------------------- provision in this Agreement, the liabilities of Spinco and Acquiror for any Tax under this Section 7.13 shall apply only to Taxes properly assessed before the expiration of the applicable statute of limitations for such Tax.
TERMINATION OF LIABILITIES. ORACO will have taken all action necessary, and provided to ORI and Sellers proof thereof, to eliminate all of the monetary obligations of ORACO existing prior to or at the Closing Date to pay money pursuant to outstanding obligations, notes, debts and agreements (written and unwritten) and to terminate all obligations to take any action that would require ORI to pay any amount thereunder to any person. It is the intent of this provision that as of the Closing Date, ORACO will have no obligations of any nature to take any action or to pay any sum as of or after the Closing Date. This provision is considered by ORI to be of the utmost importance, and any violation of the aforementioned obligations in this section by ORACO shall be cause to terminate this Agreement at the sole option of ORI and ORI may seek and recover damages from ORACO for its breach of its covenant and this condition.
TERMINATION OF LIABILITIES. Notwithstanding any other provision in this Agreement, any PX Retained Tax Liabilities and New CBIC Retained Tax Liabilities determined under this Agreement shall not terminate any earlier than the expiration of the applicable statute of limitation for such liability. A11 covenants under this Agreement shall survive indefinitely.
TERMINATION OF LIABILITIES. ORACO will have taken all action necessary, and provided to JYORK and Sellers proof thereof, to eliminate all of the monetary obligations of ORACO existing prior to or at the Closing Date to pay money pursuant to outstanding obligations, notes, debts and agreements (written and unwritten) and to terminate all obligations to take any action that would require JYORK to pay any amount thereunder to any person. It is the intent of this provision that as of the Closing Date, ORACO will have no obligations of any nature to take any action or to pay any sum as of or after the Closing Date. This provision is considered by JYORK to be of the utmost importance, and any violation of the aforementioned obligations in this section by ORACO shall be cause to terminate this Agreement at the sole option of JYORK and JYORK may seek and recover damages from ORACO for its breach of its covenant and this condition.
TERMINATION OF LIABILITIES. Notwithstanding any other provision in this Agreement, any liabilities determined under this Agreement shall survive indefinitely. MISCELLANEOUS PROVISIONS
TERMINATION OF LIABILITIES. Except for liabilities attributable to items that are then being contested by Parent or the Company pursuant to Article VII, and notwithstanding any other provision of this Agreement, all liabilities of Parent and the Company under this Agreement will terminate on the tenth (10th) anniversary of the Closing Date.
