Pre-Closing Covenant definition
Examples of Pre-Closing Covenant in a sentence
The applicable period of such survival set forth in this Section subsequent to Closing is referred to as the “Survival Period.” Any claims as to a breach or default of a representation, warranty, covenant or agreement (including a Pre-Closing Covenant) under Section 11.2 or Section 11.3 must be asserted in writing with reasonable particularity by the party making such claim within the applicable Survival Period.
All covenants and agreements of the parties contained herein (other than any covenants or agreements contained in Article VIII which are subject to Article VIII) shall survive the Closing and shall terminate and expire upon performance; provided, that the right to make a claim for indemnity pursuant to Sections 11.02(b) or 11.03(b) with respect to any breach or non-fulfillment of any Specified Pre-Closing Covenant shall terminate and expire on the first anniversary of the Closing Date.
Except in the event of fraud, wilful or intentional breach or non-performance of any particular Pre-Closing Covenant, each of the Pre-Closing Covenants shall survive the Closing Date until eighteen (18) months from the Closing Date.
Section 4.20(a) Seller Pre-Closing Covenant ....................................................................................
In the event of a breach by Seller of any of Seller’s obligations that survive termination or Closing, or if ▇▇▇▇▇ first discovers after Closing, that a Seller’s Representation or Pre-Closing Covenant was materially breached, and Buyer has been damaged as a result, Buyer shall have all rights and remedies available at law or equity.