Common use of Survival of Representations Indemnification Clause in Contracts

Survival of Representations Indemnification. (a) shall be amended to add the following clause at the end of the sentence comprising Section 8(a) of the Charter, to read as follows: "; provided, however, that Owner shall be responsible for any breach of the representations and warranties of Owner under Section 6(a) of the Charter only to the extent that such breach was not known to Charterer on the Closing Date. Breaches of representations and warranties that were known to Charterer on or before the Closing Date are waived and released to the fullest extent of the law."

Survival of Representations Indemnification. (a) shall be amended to add the following clause at the end of the sentence comprising Section 8(a) of the Charter, to read as follows: "; provided, however, that Owner shall be responsible for any breach of the representations and warranties of Owner under Section 6(a) of the Charter only to the extent that such breach was not known to Charterer on the Closing Date. Breaches of representations and warranties that were known to Charterer on or before the Closing Date are waived and released to the fullest extent of the law."