Common use of Limitations on Warranty Claims Clause in Contracts

Limitations on Warranty Claims. 6.1 The limitations set out in this clause 6 shall not apply to any Claim which is: 6.1.1 the consequence of fraud, dishonesty, wilful concealment or wilful misrepresentation by or on behalf of the Warrantors; or 6.1.2 (in the case of the Company only) which is a result of a breach of warranty statements 1, 3.1 and 5 of part 1 of schedule 5. 6.2 No Claim may be made against the Warrantors unless written notice of such Claim is served on the Warrantors giving reasonable details of the Claim as follows: 6.2.1 in respect of any of the Warranties other than the Taxation Warranties, by (i) no later than the date which is [[six] months after the date on which the Company delivers to the Investor the Board approved audited accounts of the Company for the [first][second] Financial Year of the Company following Completion; or

Appears in 3 contracts

Sources: Subscription and Shareholders' Agreement, Subscription and Shareholders' Agreement, Subscription and Shareholders' Agreement