Common use of Nature of Seller's Representations Clause in Contracts

Nature of Seller's Representations. Each of the representations and warranties of Seller contained in this SECTION 7.1 constitutes a material part of the consideration to Buyer, and Buyer is relying on the correctness and completeness of these representations and warranties in entering into this transaction. Each of the representations and warranties is true and accurate as of the date of execution of this Agreement by Seller, will be true and accurate as of the Closing and will survive the Closing, subject to the provisions of SECTION 5.1(d) and SECTION 11.8(c).

Appears in 1 contract

Samples: Purchase Agreement (Lexington Precision Corp)

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Nature of Seller's Representations. Each of the representations and warranties of Seller contained in this SECTION Section 7.1 constitutes a material part of the consideration to Buyer, Buyer and Buyer is relying on the correctness and completeness of these representations and warranties in entering into this transaction. Each of the representations and warranties is true and accurate as of the date of execution of this Agreement by Seller, will be true and accurate as of the Closing and will survive the Closing, subject to the provisions of SECTION 5.1(d) Section 5.1(e), Section 7.1(d), and SECTION Section 11.8(c).

Appears in 1 contract

Samples: Final Draft Purchase and Sale Agreement

Nature of Seller's Representations. Each of the representations and warranties of Seller contained in this SECTION 7.1 Article 9 constitutes a material part of the consideration to Buyer, Buyer and Buyer is relying on the correctness and completeness of these representations and warranties in entering into this transaction. Each of the representations and warranties is true and accurate as of the date of execution of this Agreement by Seller, will be true and accurate as of the Closing Closing, and will survive the Closing, subject to the provisions Closing and regardless of SECTION 5.1(d) and SECTION 11.8(c)any investigation or inspection by Buyer.

Appears in 1 contract

Samples: Purchase Agreement (Giant Industries Inc)

Nature of Seller's Representations. Each of the representations and warranties of Seller contained in this SECTION 7.1 Article 7 constitutes a material part of the consideration to Buyer, Buyer and Buyer is relying on the correctness and completeness of these representations and warranties in entering into this transaction. Each of the representations and warranties is true and accurate as of the date of execution of this Agreement by Seller, will be true and accurate as of the Closing and will survive the Closing, subject to the provisions regardless of SECTION 5.1(d) and SECTION 11.8(c)any investigation or inspection by Buyer.

Appears in 1 contract

Samples: Real Estate Sale Purchase Agreement (Generation Alpha, Inc.)

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Nature of Seller's Representations. Each of the representations and warranties of Seller contained in this SECTION 7.1 Section 7.1(b) constitutes a material part of the consideration to Buyer, Buyer and Buyer is relying on the correctness and completeness of these representations and warranties in entering into this transaction. Each of the representations and warranties is in Section 7.1(b) was true and accurate as of the date of execution of this Agreement by SellerMarch 1, 2011, will be true and accurate as of the Closing and will survive the Closing, subject to the provisions regardless of SECTION 5.1(d) and SECTION 11.8(c)any investigation or inspection by Buyer.

Appears in 1 contract

Samples: Purchase Agreement (Apollo Group Inc)

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