Common use of Accuracy of Representations and Performance of Covenants Clause in Contracts

Accuracy of Representations and Performance of Covenants. The representations and warranties made by the Company in this Agreement were true when made and shall be true as of the Closing Date (except for changes therein permitted by this Agreement) with the same force and effect as if such representations and warranties were made at and as of the Closing Date. Additionally, the Company shall have performed and complied with all covenants and conditions required by this Agreement to be performed or complied with by the Company and shall have satisfied the conditions described below prior to or at the Closing: (a) Immediately prior to the Closing, the Company shall have no more than an aggregate of 1,000,630 shares of common stock issued and outstanding, excluding any shares issuable pursuant to the Exchange. (b) The directors of the Company shall have approved the Exchange and the related transactions described herein. Pacificap shall have been furnished with certificates, signed by duly authorized executive officers of the Company and dated the Closing Date, to the foregoing effect.

Accuracy of Representations and Performance of Covenants. The representations and warranties made by the Company in this Agreement were true when made and shall be true as of the Closing Date (except for changes therein permitted by this Agreement) with the same force and effect as if such representations and warranties were made at and as of the Closing Date. Additionally, the Company shall have performed and complied with all covenants and conditions required by this Agreement to be performed or complied with by the Company and shall have satisfied the conditions described below prior to or at the Closing: (a) Immediately prior to the Closing, the Company shall have no more than an aggregate of 1,000,630 8,000,000 shares of common stock issued and outstandingoutstanding and 0 shares of preferred stock, excluding any shares issuable pursuant to the Exchange. (b) The directors of the Company shall have approved the Exchange and the related transactions described herein. Pacificap World Golf shall have been furnished with certificates, signed by duly authorized executive officers of the Company and dated the Closing Date, to the foregoing effect.

Accuracy of Representations and Performance of Covenants. The representations and warranties made by the Company in this Agreement were true when made and shall be true as of the Closing Date (except for changes therein permitted by this Agreement) with the same force and effect as if such representations and warranties were made at and as of the Closing Date. Additionally, the Company shall have performed and complied with all covenants and conditions required by this Agreement to be performed or complied with by the Company and shall have satisfied the conditions described below prior to or at the Closing: (a) Immediately prior to the Closing, the Company shall have no more than an aggregate of 1,000,630 7,000,000 shares of common stock issued and outstandingoutstanding and 0 shares of preferred stock, excluding any shares issuable pursuant to the Exchange. (b) The directors of the Company shall have approved the Exchange and the related transactions described herein. Pacificap SLC shall have been furnished with certificates, signed by duly authorized executive officers of the Company and dated the Closing Date, to the foregoing effect.

Accuracy of Representations and Performance of Covenants. The representations and warranties made by the Company in this Agreement were true when made and shall be true as of the Closing Date (except for changes therein permitted by this Agreement) with the same force and effect as if such representations and warranties were made at and as of the Closing Date. Additionally, the Company shall have performed and complied with all covenants and conditions required by this Agreement to be performed or complied with by the Company and shall have satisfied the conditions described below prior to or at the Closing: (a) Immediately prior to the Closing, the Company shall have no more than an aggregate of 1,000,630 2,000,000 shares of common stock issued and outstanding, excluding any shares issuable pursuant to the Exchange. (b) The directors of the Company shall have approved the Exchange and the related transactions described herein. Pacificap Cascade Mountain shall have been furnished with certificates, signed by duly authorized executive officers of the Company and dated the Closing Date, to the foregoing effect.