REPRESENTATIONS AND WARRANTIES 51 Sample Clauses

REPRESENTATIONS AND WARRANTIES 51. Section 4.1. Existence; Power 51 Section 4.2. Organizational Power; Authorization 51 Section 4.3. Governmental Approvals; No Conflicts 51 Section 4.4. Financial Statements 52 Section 4.5. Litigation and Environmental Matters 53 Section 4.6. Compliance with Laws and Agreements 53 Section 4.7. Investment Company Act, Etc. 53 Section 4.8. Taxes 53 Section 4.9. Margin Regulations 53 Section 4.10. ERISA 54 Section 4.11. Ownership of Property 54 Section 4.12. Disclosure 54 Section 4.13. Labor Relations 55 Section 4.14. Subsidiaries 55 Section 4.15. Insolvency 55 Section 4.16. Representations and Warranties Relating to Accounts 55 Section 4.17. Acquisition Agreement 56 ARTICLE V AFFIRMATIVE COVENANTS 56 Section 5.1. Financial Statements and Other Information 56 Section 5.2. Notices of Material Events 58 Section 5.3. Existence; Conduct of Business 58 Section 5.4. Compliance with Laws, Etc. 58 Section 5.5. Payment of Obligations 59 Section 5.6. Books and Records 59 Section 5.7. Visitation, Inspection, Etc. 59 Section 5.8. Maintenance of Properties; Insurance 59 Section 5.9. Use of Proceeds and Letters of Credit 60 Section 5.10. Interest Rate Protection 60 Section 5.11. Cash Management 60 Section 5.12. Additional Subsidiaries. 61 Section 5.13. Additional Real Estate, Leased Locations 62 ARTICLE VI FINANCIAL COVENANTS 65 Section 6.1. Leverage Ratio 65 Section 6.2. Fixed Charge Coverage Ratio 65 Section 6.3. Minimum Excess Availability 65 Section 6.4. Minimum Cash Balance 65 Section 6.5. Minimum Consolidated Adjusted EBITDA 65 ARTICLE VII NEGATIVE COVENANTS 65 Section 7.1. Indebtedness and Preferred Equity. 65 Section 7.2. Negative Pledge 67 Section 7.3. Fundamental Changes 68 Section 7.4. Investments, Loans, Etc. 68 Section 7.5. Restricted Payments 69 Section 7.6. Sale of Assets 70 Section 7.7. Transactions with Affiliates 70 Section 7.8. Restrictive Agreements 71 Section 7.9. Sale and Leaseback Transactions 71 Section 7.10. Hedging Transactions 71 Section 7.11. Amendment to Material Documents 71 Section 7.12. Accounting Changes 72 ARTICLE VIII EVENTS OF DEFAULT 72 Section 8.1. Events of Default 72
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REPRESENTATIONS AND WARRANTIES 51. Section 6.1 Representations and Warranties 51 Section 6.2 Survival of Representations and Warranties, Etc. 61
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REPRESENTATIONS AND WARRANTIES 51. Section 3.1 Corporate Existence and Power 51 Section 3.2 Corporate and Governmental Authorization; Contravention 51 Section 3.3 Enforceability 52 Section 3.4 Financial Information 52 Section 3.5 Litigation; No Material Adverse Effect 52 Section 3.6 Employee Benefit Plans 52 Section 3.7 Environmental Matters 53 Section 3.8 Taxes 53 Section 3.9 Investment Company Act 53 Section 3.10 Regulation U 53 Section 3.11 Solvency 53 Section 3.12 Compliance with Laws 53 Section 3.13 Disclosure 54 Section 3.14 OFAC 54
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REPRESENTATIONS AND WARRANTIES 51. 9.1. Reliance on Representations and Warranties of each Company and the Shareholders 51 9.2. Reliance on Representations and Warranties of Parent 51 ARTICLE X INDEMNIFICATION 52 10.1. Indemnification of Parent, Merger Subs and Surviving Corporations. 52 10.2. Indemnification of Shareholders 53 10.3. Procedure 53 10.4. Periodic Payments 55 10.5. Right of Set Off 55 10.6. Payment of Indemnification by Shareholders 55 10.7. Insurance 56 10.8. Survival of Indemnification Rights 56 ARTICLE XI DISPUTE RESOLUTION 56 11.1. Arbitration. 56 11.2. Waiver of Jury Trial; Exemplary Damages 58 11.3. Attorneys' Fees 58 ARTICLE XII TERMINATION 58 12.1. Termination Without Default 58 12.2. Termination Upon Default. 58 12.3. Survival 59 ARTICLE XIII MISCELLANEOUS 59 13.1. Notices 59 13.2. Amendments; No Waivers. 60 13.3. Ambiguities 60 13.4. Publicity 60 13.5. Expenses 60 13.6. Successors and Assigns 61 13.7. Governing Law 61 13.8. Counterparts; Effectiveness 61 13.9. Entire Agreement 61 13.10. Severability 61 13.11. Captions 61 13.12. Construction. 61 13.13. Shareholders’ Representative. 62 AGREEMENT AND PLANS OF MERGERS, dated as of March 15, 2006 (this “Agreement”), made by and among Accoona Corp., a Delaware corporation (“Parent”), SN Acquisition Corp., a Delaware corporation and wholly owned subsidiary of Parent (“SN Merger Sub”), ZS Acquisition Corp., a Delaware corporation and wholly-owned subsidiary of Parent (“ZS Merger Sub” and together with SN Merger Sub, “Merger Subs” and each individually a “Merger Sub”), Skynet Communications Corp., a New York corporation (“Skynet”), Zylonet Systems Inc., a New Jersey corporation (“Zylonet” and together with Skynet, the “Companies”, and each individually a “Company”), the persons listed on Schedule I hereto (each individually a “Shareholder” and collectively, the “Shareholders”) and Axxxx Xxxxxxxx (“Bxxxxxxx”), in his capacity as Representative (as hereinafter defined). Each of Parent, Merger Subs, the Companies and the Shareholders may be individually referred to herein as a “Party”, or collectively, the “Parties”.
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REPRESENTATIONS AND WARRANTIES 51. SECTION 4.01. Representations and Warranties of the Borrower. 51
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REPRESENTATIONS AND WARRANTIES 51. Section 3.1 General Representations 52 3.1.1 Organization; Special Purpose 52 3.1.2 Proceedings; Enforceability 52 3.1.3 No Conflicts 52 3.1.4 Litigation 52 3.1.5 Agreements 53 3.1.6 Consents 53 3.1.7 Solvency 53 3.1.8 Employee Benefit Matters 53 3.1.9 Compliance with Legal Requirements 54 3.1.10 Perfection Representations 54 3.1.11 Business 55 3.1.12 Management 55 3.1.13 Financial Information 55
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REPRESENTATIONS AND WARRANTIES 51. Section 3.1 Corporate Existence and Power 51 Section 3.2 Corporate and Governmental Authorization; Contravention 51 Section 3.3 Enforceability 52 Section 3.4 Financial Information 52 Section 3.5 Litigation; No Material Adverse Effect 52 Section 3.6 Employee Benefit Plans 52 Section 3.7 Environmental Matters 53 Section 3.8 Taxes 53 Section 3.9 Investment Company Act 53 Section 3.10 Regulation U 53 Section 3.11 Solvency 53 Section 3.12 Compliance with Laws 53 Section 3.13 Disclosure 54 Section 3.14 OFAC 54 Page Section 3.15 Subsidiaries 54 Section 3.16 Title to Properties 54 Section 3.17 Material Agreements 54 ARTICLE 4. CONDITIONS PRECEDENT TO CLOSING DATE AND TO AVAILABILITY DATE 54 Section 4.1 Conditions to Effectiveness of this Agreement (Closing Date) 54
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REPRESENTATIONS AND WARRANTIES 51. 11.1. Representations and Warranties of Each Party 51 11.2 Continuing Representations and Warranties 52 12. COVENANTS 52 12.1. Company Covenants 52 12.2 Agency Covenant 55 13 FORCE MAJEURE 55 13.1 Force Majeure Events 55 13.2 Responsibilities of the Parties during Force Majeure Event 56 13.3 Effect of Force Majeure Events 57 13.4 Change-in-Law 58 14 INDEMNITY 60 14.1 Indemnification by the Company 60 14.2 Indemnification by Agency 60 14.3 Indemnification Procedures 60 15 EVENTS OF DEFAULT 61 15.1 Company Events of Default 61 15.2 Agency Events of Default 63
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Related to REPRESENTATIONS AND WARRANTIES 51

  • Representations and Warranties; Etc Each Obligor hereby affirms: (a) that as of the date of execution and delivery of this First Amendment, all of the representations and warranties contained in each Loan Document to which such Obligor is a party are true and correct in all material respects as though made on and as of the First Amendment Effective Date (unless made as of a specific earlier date, in which case, was true as of such date); and (b) that after giving effect to this First Amendment and to the transactions contemplated hereby, no Defaults exist under the Loan Documents or will exist under the Loan Documents.

  • REPRESENTATIONS AND WARRANTIES OF THE BUYER AND THE TRANSITORY SUBSIDIARY.....................................................26 3.1 Organization, Qualification and Corporate Power........................26 3.2 Capitalization.........................................................26 3.3

  • Representations and Warranties True The representations and warranties of the Seller hereunder shall be true and correct on the Closing Date with the same effect as if then made, and the Seller shall have performed all obligations to be performed by it hereunder on or prior to the Closing Date.

  • Representations and Warranties by You You represent and warrant that:

  • Representations and Warranties of ALPS ALPS represents and warrants to the Fund that:

  • Representations and Warranties of XXXX XXXX hereby represents and warrants to the Seller and the Servicer as of the Initial Closing Date and each Subsequent Closing Date:

  • REPRESENTATIONS AND WARRANTIES OF XXXXX Xxxxx hereby represents and warrants to Amylin as of the Effective Date that:

  • REPRESENTATIONS AND WARRANTIES OF XXXXXX Xxxxxx hereby represents and warrants to the Company as follows:

  • REPRESENTATIONS AND WARRANTIES OF THE COMPANY Section 4.01. Organization and Qualification 14 Section 4.02. Capitalization 14 Section 4.03. Subsidiaries 17 Section 4.04. Authority; Non-Contravention; Approvals 17 Section 4.05. Reports and Financial Statements 19 Section 4.06. Absence of Undisclosed Liabilities 19 Section 4.07. Absence of Certain Changes or Events 19 Section 4.08. Litigation 20 Section 4.09. Offer Documents; Proxy Statement 20 Section 4.10. No Violation of Law 20 Section 4.11. Material Contracts; Compliance With Agreements 21 Section 4.12. Taxes 22 Section 4.13. Employee Benefit Plans; ERISA 22 Section 4.14. Labor Controversies 24 Section 4.15. Environmental Matters 25 Section 4.16. Intellectual Property 25 Section 4.17. Opinion of Financial Advisor 27 Section 4.18. Brokers and Finders 27 Section 4.19. Insurance 27 Section 4.20. Takeover Statutes 27 Section 4.21. Receivables and Customers 27 ARTICLE V COVENANTS Section 5.01. Conduct of Business Pending the Merger 27 Section 5.02. Restrictions on Parent and the Company 29 Section 5.03. No Solicitation 30 Section 5.04. Access to Information; Confidentiality 31 Section 5.05. Merger Sub 32 Section 5.06. Employee Benefits 32 Section 5.07. Proxy Statement 33 Section 5.08. Company Meeting 34 Section 5.09. Public Announcements 34 Section 5.10. Expenses and Fees 34 Section 5.11. Agreement to Cooperate 35 Section 5.12. Directors' and Officers' Indemnification 35 Section 5.13. Section 16 Matters 37 Section 5.14. Further Assurances 37 Section 5.15. Notices of Certain Events 37 Section 5.16. CVR Trust; CVR Agreement 38 ARTICLE VI CONDITIONS TO THE MERGER Section 6.01. Conditions to the Obligations to Consummate the Merger 39 ARTICLE VII TERMINATION Section 7.01. Termination 39 ARTICLE VIII MISCELLANEOUS Section 8.01. Effect of Termination 41 Section 8.02. Non-Survival of Representations and Warranties 42 Section 8.03. Notices 42 Section 8.04. Interpretation 43 Section 8.05. Miscellaneous 43 Section 8.06. Counterparts 43 Section 8.07. Amendments; Extensions 43 Section 8.08. Entire Agreement 44 Section 8.09. Severability 44 Section 8.10. Specific Performance; Limitation on Damages 44 Section 8.11. No Admission 45 Section 8.12. Jurisdiction 45 Section 8.13. WAIVER OF JURY TRIAL 45 Section 8.14. Termination of June 29 Merger Agreement and Original Offer 45 ii AGREEMENT AND PLAN OF MERGER AGREEMENT AND PLAN OF MERGER, dated as of September 7, 2003 (as the same may be amended from time to time and together with the schedules, exhibits and annexes attached hereto, this "Agreement"), by and among Gingko Corporation, a Delaware corporation (together with its successors and permitted assigns, "Parent"), Gingko Acquisition Corp., a Delaware corporation and wholly-owned Subsidiary (as defined in Section 3.02 of this Agreement) of Parent (together with its successors and permitted assigns, "Merger Sub"), and Information Resources, Inc., a Delaware corporation (the "Company").

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