Common use of Continuing Effect of Representations, Warranties and Acknowledgments Clause in Contracts

Continuing Effect of Representations, Warranties and Acknowledgments. The representations and warranties of Section 7 of this Agreement are true and accurate as of the date of execution of this Agreement and shall be true and accurate as of the date of acceptance of the Subscriber’s subscription, and shall survive the termination of this Offering. If in any respect such representations, warranties and acknowledgments shall not be true and accurate prior to the date of acceptance or rejection of this subscription, the Subscriber shall give immediate written notice of such fact to the Company, specifying which representations, warranties and acknowledgments are not true and accurate and the reasons therefor.