Common use of Independence of Representations and Warranties Clause in Contracts

Independence of Representations and Warranties. The parties hereto intend that each representation, warranty, covenant and agreement contained herein shall have independent significance. If any party has breached any representation, warranty, covenant or agreement contained herein in any respect, the fact that there exists any other representation, warranty, covenant or agreement relating to the same subject matter (regardless of the relative levels of specificity) that the party has not breached shall not detract from or mitigate the fact that such party is in breach of the first representation, warranty, covenant or agreement.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Conihasset Capital Partners, Inc.), Purchase Agreement (Hilb Rogal & Hamilton Co /Va/), Stock Purchase Agreement (Melville Corp)

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Independence of Representations and Warranties. The parties hereto intend that each representation, warranty, warranty and covenant and agreement contained herein shall have independent significance. If any party the Borrower has breached any representation, warranty, warranty or covenant or agreement contained herein in any respect, the fact that there exists any other another representation, warranty, warranty or covenant or agreement relating to the same subject matter (regardless of the relative levels of specificity) that the party Borrower has not breached shall not detract from or mitigate the fact that such party is in breach of the first representation, warranty, covenant warranty or agreementcovenant.

Appears in 4 contracts

Samples: Credit Agreement (National Steel Corp), Security Agreement (National Steel Corp), Subordinated Credit Agreement (National Steel Corp)

Independence of Representations and Warranties. The parties ------------ ---------------------------------------------- Parties hereto intend that each representation, warranty, warranty and covenant and agreement contained herein shall have independent significance. If any party Party has breached any representation, warranty, warranty or covenant or agreement contained herein in any respect, the fact that there exists any other representation, warranty, warranty or covenant or agreement relating to the same subject matter (regardless of the relative levels of specificity) that which the party has not breached shall not detract from or mitigate the fact that such party Party is in breach of the first representation, warranty, covenant warranty or agreementcovenant.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ocal Inc)

Independence of Representations and Warranties. The parties hereto intend that each representation, warranty, warranty and covenant and agreement contained herein shall have independent significance. If any party the Borrower has breached any representation, warranty, warranty or covenant or agreement contained herein in any respect, the fact that there exists any other another representation, warranty, warranty or covenant or agreement relating to the same subject matter (regardless of the relative levels of specificity) that the party Borrower has not breached shall not detract from or mitigate the fact that such party is in breach of the first representation, warranty, covenant warranty or agreement.covenant. NATIONAL STEEL CORPORATION CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (National Steel Corp)

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Independence of Representations and Warranties. The parties hereto intend that each representation, warranty, warranty and covenant and agreement contained herein shall have independent significance. If any party has breached any representation, warranty, warranty or covenant or agreement contained herein in any respect, the fact that there exists any other representation, warranty, warranty or covenant or agreement relating to the same subject matter (regardless of the relative levels of specificity) that which the party has not breached shall not detract from or mitigate the fact that such party is in breach of the first representation, warranty, covenant warranty or agreementcovenant.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Picturetel Corp)

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