Common use of Survival and Time Limitation Clause in Contracts

Survival and Time Limitation. All of the covenants, obligations and agreements of the parties set forth in this Article XI shall survive the Effective Time. Notwithstanding the foregoing sentence, after the Effective Time, any assertion by Parent or any Parent Indemnitee that WEUS is liable to Parent or any Parent Indemnitee, or any assertion by WEUS or any Company Indemnitee that Parent is liable to WEUS or any Company Indemnitee, under this Article XI must be made in writing and must be given to the indemnifying party on or prior to the date that is 90 days after the date on which the applicable statute of limitations expires with respect to such matters (or not at all).