Examples of IP Representations in a sentence
The Fundamental Representations shall survive indefinitely and the IP Representations shall survive for a period of eighteen (18) months following the Closing Date.
Except for the Fundamental Representations and the IP Representations, all of the representations and warranties of the parties set forth in Article III and Article IV shall terminate and expire, and shall cease to be of any force or effect on the Closing Date, and all liability and indemnification obligations with respect to such representations and warranties shall thereupon be extinguished.
No claim may be made by any Buyer Indemnified Party for indemnification pursuant to Section 7.2(a)(i) (other than with respect to a Fundamental Representation or the IP Representations) unless and until the aggregate amount of Losses for which such Buyer Indemnified Parties seek to be indemnified pursuant to such section exceeds $500,000, at which time such Buyer Indemnified Parties shall be entitled to the amount of all such Losses only in excess of $500,000 in the aggregate.
The amount of Losses that may be recovered by a Buyer Indemnitee pursuant to Section 9.2(b)(i) in respect of the IP Representations shall not exceed an amount equal to the aggregate value of the Common Units and the Special Convertible Preferred Units paid to Seller in accordance with Section 2.7(a), and may be satisfied in full by the cancelation of such Common Units or Special Convertible Preferred Units.
The amount of Losses that may be recovered by a Buyer Indemnitee pursuant to Section 9.2(b)(i) in respect of the IP Representations shall not exceed an amount equal to the aggregate value of the Common Units and the Special Convertible Preferred Units paid to Seller in accordance with Section 2.7 (a), and may be satisfied in full by the cancelation of such Common Units or Special Convertible Preferred Units.