AND WARRANTIES OF BUYER. The Buyer represents and warrants to Seller as follows:
AND WARRANTIES OF BUYER. Company represents and warrants to Shareholders and InterMedia, as of the date of this Agreement and as of Closing, as follows:
AND WARRANTIES OF BUYER. SECTION 5.01. Corporate Existence and Power 28 SECTION 5.02. Corporate Authorization 28 SECTION 5.03. Governmental Authorization 28 SECTION 5.04. Noncontravention 29 SECTION 5.05. Financing 29 SECTION 5.06. Purchase for Investment 29 SECTION 5.07. Litigation 29 SECTION 5.08. Finders' Fees 29 ARTICLE 6COVENANTS OF SELLER SECTION 6.01. Conduct of Reseller Network and Each Company 30 SECTION 6.02. Access to Information; Confidentiality 30 SECTION 6.03. Notices of Certain Events 32 SECTION 6.04. Resignations 32 SECTION 6.05. Noncompetition 32 SECTION 6.06. Intercompany Accounts 34 SECTION 6.07. Stockholder Meeting; Proxy Materials 35 SECTION 6.08. Other Offers 35 SECTION 6.09. Transfer of Intelevest 36 SECTION 6.10. Transfer of Seller RN Assets and Liabilities 36 SECTION 6.11. Consents 37 SECTION 6.12. Capital Contribution 37 ARTICLE 7COVENANTS OF SELLER AND XLSOURCE SECTION 7.01. Guarantee of Guaranteed Obligations 38 SECTION 7.02. Guarantee Unconditional 38 SECTION 7.03. Waivers 39 SECTION 7.04. Discharge; Reinstatement in Certain Circumstances 39 SECTION 7.05. Subrogation 39 SECTION 7.06. Limit of Liability 39 ARTICLE 8COVENANTS OF BUYER SECTION 8.01. Access 40 SECTION 8.02. Seller Guarantees 40 SECTION 8.03. Other Matters 40 ARTICLE 9COVENANTS OF BUYER, SELLER AND XLSOURCE SECTION 9.01. Commercially Reasonable Efforts; Further Assurances 41 SECTION 9.02. Certain Filings 41 SECTION 9.03. Public Announcements 41 SECTION 9.04. Confidentiality 41 SECTION 9.05. Segregation of Certain Sales Proceeds 42 SECTION 9.06. Supply Agreement 43 SECTION 9.07. Certain Litigation 44 ARTICLE 10TAX MATTERS SECTION 10.01. Tax Definitions 44 SECTION 10.02. Tax Representations 46 SECTION 10.03. Covenants 48 SECTION 10.04. Release From and Termination of Existing Tax Sharing Agreements 50 SECTION 10.05. State Taxes Resulting from Section 338(h)(10) Election 50 SECTION 10.06. Cooperation on Tax Matters 50 SECTION 10.07. Tax Indemnification 51 SECTION 10.08. Purchase Price Adjustment and Interest 54 SECTION 10.09. Survival 54 ARTICLE 11EMPLOYEE BENEFITS SECTION 11.01. Employee Benefits Definitions 54 SECTION 11.02. Employee Benefit Plans Representations 55 SECTION 11.03. Retained and Transferred Employees 57 SECTION 11.04. Severance, COBRA and WARN Obligations 59 SECTION 11.05. 401(k), Option, Stock Purchase and Incentive Plans 60 SECTION 11.06. Certain Employee Services 61 SECTION 11.07. Sharing of Benefits-related Information 61 SECTION 11.08. No Third Party Beneficiaries 61 ARTI...
AND WARRANTIES OF BUYER. (a) Buyer represents, warrants and covenants to and with Seller that Buyer has the right, power, legal capacity and authority to execute, deliver and perform this Agreement. This Agreement constitutes the legal, valid and binding obligation of Buyer.
AND WARRANTIES OF BUYER. Buyer hereby represents, warrants and covenants to Seller that as of Closing:
AND WARRANTIES OF BUYER. As an inducement to and to obtain the reliance of Seller, Bxxxx represents and warrants to Seller that each of the following are true, correct, and complete as of the Effective Date and will be correct and complete as of the Closing. All references in this Agreement to “knowledge of the Buyer” shall mean the actual knowledge, after reasonable investigation.
