Common use of Term of Representations and Warranties Clause in Contracts

Term of Representations and Warranties. Save as provided below, the representations and warranties set forth in art. 4 of this Agreement shall continue in effect until 18 months after the Closing Date. The representations and warranties set forth in art. 4.1, 4.2, 4.3 and 4.4 shall continue in effect for an unlimited duration and the representation and warranties set forth in art. 4.12 shall continue in effect until 3 years after the Closing Date. The representations and warranties set forth in art. 4.9 (Taxes) and 4.18 (Environment) of this Agreement shall, however, continue in effect until three months after the statute of limitation on the claims concerned has expired.