The representations and warranties of the Parties in ARTICLE III and ARTICLE IV of this Agreement shall survive the Closing for a period of eighteen (18) months following the Closing Date; provided , however , that (i) the representations and warranties of the Seller Parties and Seller Parent contained in Sections 3.1 (Organization, Power and Authority of the Seller Parties), 3.2 (Membership Interests), 3.4 (Capitalization and Subsidiaries), 3.5 Ownership of Property), 3.8 (Tax Matters)and 3.14 (Financial Adviser) (the “ Seller Core Representations and Warranties ”) shall survive for the applicable statute of limitations with respect thereto, (ii) the representations and warranties of the Seller Parties and Seller Parent contained in Section 3.11 (Environmental Matters) shall survive the Closing for a period of three (3) years following the Closing Date and (iii) the representations and warranties of the Purchaser Parties contained in Sections 4.1 (Organization, Power and Authority of the Purchaser Parties) and 4.3 (Financial Advisor) (the “ Purchaser Core Representations and Warranties ” and, together with the Seller Core Representations and Warranties, the “ Core Representations and Warranties ”) shall survive for the applicable statute of limitations with respect thereto.