Effect of Investigation; Reliance. The right to indemnification, recovery of Damages or any other remedy will not be affected by any investigation conducted with respect to, or any knowledge acquired (or capable of being acquired) at any time, whether before or after the execution and delivery of this Agreement or the Closing Date, with respect to the accuracy or inaccuracy of or compliance with any representation, warranty, covenant or agreement made by the party seeking indemnification or recovery. The waiver of any condition based on the accuracy of any such representation or warranty, or on the performance of or compliance with any such covenant or agreement, will not affect the right to indemnification, recovery of Damages or any other remedy based on any such representation, warranty, covenant or agreement. No party seeking indemnification or recovery under this Agreement shall be required to show reliance on any representation, warranty, certificate or other agreement in order for such party to be entitled to indemnification or recovery hereunder.
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Sources: Membership Interest Purchase Agreement (Flamel Technologies Sa)
Effect of Investigation; Reliance. The right to indemnification, recovery payment of Damages or any other remedy hereunder will not be affected by any investigation conducted with respect to, or any knowledge Knowledge acquired (or capable of being acquired) at any time, whether before or after the execution and delivery of this Agreement or the Closing Date, with respect to the accuracy or inaccuracy of or compliance with with, any representation, warranty, covenant or agreement made by the party seeking indemnification Company or recoveryany other matter. The waiver of any condition based on the accuracy of any such representation or warranty, or on the performance of or compliance with any such covenant or agreement, will not affect the right to indemnification, recovery payment of Damages Damages, or any other remedy based on any such representation, warranty, covenant or agreement. No party seeking indemnification or recovery under this Agreement Parent Indemnified Party shall be required to show reliance on any representation, warranty, certificate or other agreement in order for such party Parent Indemnified Party to be entitled to indemnification or recovery hereunder.
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