Common use of Representations and Warranties Accurate Clause in Contracts

Representations and Warranties Accurate. 9.3.1 IFT shall deliver the Disclosure Schedule to this Agreement no later than seven (7) days from the date of this Agreement. TNCI shall have seven (7) days after its receipt of the Disclosure Schedule to determine, in its sole discretion, whether or not TNCI shall accept the representations and warranties as modified or amplified by the Disclosure Schedule. If TNCI determines that any part of the Disclosure Schedule is unacceptable, TNCI may provide IFT additional time to remedy the matter or may terminate this Agreement in accordance with its provisions. 9.3.2 All representations and warranties of IFT contained in this Agreement shall be true in all respects when made on the date of execution of this Agreement, and also at and as of the Closing Date as if such representations and warranties were made at and as of the Closing Date. IFT shall furnish TNCI with a certificate, dated the Closing Date and signed on behalf of IFT and by a duly authorized officer thereof stating the above in such form as TNCI may reasonably request. The acceptance of the Purchase Price by IFT shall constitute an affirmation by IFT of the truth, as of the Closing Date, of the representations and warranties made by in this Agreement.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Interactive Flight Technologies Inc), Asset Purchase Agreement (Network Connection Inc), Asset Purchase Agreement (Network Connection Inc)

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Representations and Warranties Accurate. 9.3.1 IFT 10.5.1 TNCI shall deliver the Disclosure Schedule to this Agreement no later than seven (7) days from after the date of this Agreement. TNCI IFT shall have seven (7) days after its receipt of the Disclosure Schedule to determine, in its sole discretion, whether or not TNCI IFT shall accept the representations and warranties as modified or amplified by the Disclosure Schedule. If TNCI IFT determines that any part party of the Disclosure Schedule is unacceptable, TNCI IFT may provide IFT TNCI additional time to remedy the matter or may terminate this Agreement in accordance with its provisions. 9.3.2 10.5.2 All representations and warranties of IFT TNCI contained in this Agreement shall be have been true in all respects when made on the date of execution of this Agreement, and also at and as of the Closing Date as if such representations and warranties were made at and as of the Closing Date. IFT TNCI shall furnish TNCI IFT with a certificate, dated the Closing Date and signed on behalf of IFT TNCI and by a duly authorized officer thereof stating the above in such form as TNCI IFT may reasonably request. The acceptance of the Purchase Price Assets by IFT TNCI shall constitute an affirmation by IFT TNCI of the truth, as of the Closing Date, of the representations and warranties made by in this Agreement.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Interactive Flight Technologies Inc), Asset Purchase Agreement (Network Connection Inc), Asset Purchase Agreement (Interactive Flight Technologies Inc)

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