The purpose of this fact sheet is to describe some of the spider. species in Virginia that people commonly inquire about as being dangerous. This information may help. address a homeownerâs concern about personal safety and possibly eliminate a suspect spider as one of. the more medically dangerous species.
1 The second possibility is where the contract is silent as to whether the representations and warranties survive or expire upon closing.  The third situation is where the contract contains a discrete survival period during which the representations and warranties will continue to be binding on the party who made them.
Waiting periods are also used for new insurance policies, particularly health insurance and flood insurance. Incidents which occur during this time are not claimable. The term may also refer to the time between the making of a claim and the payment of it, also called the elimination period.