Common use of REPRESENTATIONS AND WARRANTIES BY THE SHAREHOLDERS Clause in Contracts

REPRESENTATIONS AND WARRANTIES BY THE SHAREHOLDERS. Each of the Shareholders represents and warrants, severally but not jointly, to the Buyer that the statements contained in this Section 2.1 are correct as to himself as of the date of this Agreement and will be correct as to himself as of the Closing Date and (as though made then), except as set forth in the disclosure schedule delivered by the Shareholders to the Buyer on the date hereof, as supplemented or amended in accordance with Section 3.4 of this Agreement (such schedule, as so supplemented or amended, the "Shareholders Disclosure Schedule"). The Shareholders Disclosure Schedule is arranged in sections and paragraphs corresponding to the lettered and numbered sections and paragraphs contained in this Section 2.1. References in Section 2.1 to a numbered schedule mean the section of the Shareholders Disclosure Schedule that corresponds with that number; for example, references to "Schedule 2.1(d)" mean Section 2.1(d) of the Shareholders Disclosure Schedule. Notwithstanding anything herein to the contrary, each matter disclosed in either the Shareholders Disclosure Schedule or the Company Disclosure Schedule shall be deemed responsive to all other Sections of the Agreement to which disclosure is required by the Shareholders and/or the Company; provided, however, that the responsiveness of such a disclosure matter to another Section of the Agreement and/or disclosure schedule is obvious.

Appears in 2 contracts

Samples: Non Employee Shareholders Stock Purchase and Sale Agreement (Omni Energy Services Corp), Employee Shareholders Stock Purchase and Sale Agreement (Omni Energy Services Corp)

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REPRESENTATIONS AND WARRANTIES BY THE SHAREHOLDERS. Each of the Shareholders represents and warrants, severally but not jointly, to the Buyer that the statements contained in this Section 2.1 are correct as to himself as of the date of this Agreement and will be correct as to himself as of the Closing Date and (as though made then), except as set forth in the disclosure schedule delivered by the Shareholders to the Buyer on the date hereof, as supplemented or amended in accordance with Section 3.4 of this Agreement (such schedule, as so supplemented or amended, the "Shareholders Disclosure Schedule"). The Shareholders Disclosure Schedule is arranged in sections and paragraphs corresponding to the lettered and numbered sections and paragraphs contained in this Section 2.1. References in Section 2.1 to a numbered schedule mean the section of the Shareholders Disclosure Schedule that corresponds with that number; for example, references to "Schedule 2.1(d)" mean Section 2.1(d) of the Shareholders Disclosure Schedule. Notwithstanding anything herein to the contrary, each matter disclosed in either the Shareholders Disclosure Schedule or the Company Disclosure Schedule shall be deemed responsive to all other Sections of the Agreement to which disclosure is required by the Shareholders and/or the Company; provided, however, that the responsiveness of such a disclosure matter to another Section of the Agreement and/or disclosure schedule is obvious.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Omni Energy Services Corp)

REPRESENTATIONS AND WARRANTIES BY THE SHAREHOLDERS. Each of the Shareholders represents and warrants, severally but not jointlyjointly and severally, to the Buyer that the statements contained in this Section 2.1 are correct as to himself as of the date of this Agreement and will be correct as to himself as of the Closing Date and (as though made then), except as set forth in the disclosure schedule delivered by the Shareholders to the Buyer on the date hereof, as supplemented or amended in accordance with Section 3.4 of this Agreement (such schedule, as so supplemented or amended, the "Shareholders Disclosure Schedule"). The Shareholders Disclosure Schedule is arranged in sections and paragraphs corresponding to the lettered and numbered sections and paragraphs contained in this Section 2.1. References in Section 2.1 to a numbered schedule mean the section of the Shareholders Disclosure Schedule that corresponds with that number; for example, references to "Schedule 2.1(d)" mean Section 2.1(d) of the Shareholders Disclosure Schedule. Notwithstanding anything herein to the contrary, each matter disclosed in either the Shareholders Disclosure Schedule or the Company Disclosure Schedule shall be deemed responsive to all other Sections of the Agreement to which disclosure is required by the Shareholders and/or the Company; provided, however, that the responsiveness of such a disclosure matter to another Section of the Agreement and/or disclosure schedule is obvious.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Omni Energy Services Corp)

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REPRESENTATIONS AND WARRANTIES BY THE SHAREHOLDERS. Each of the Shareholders represents and warrants, severally but not jointly, to the Buyer that the statements contained in this Section 2.1 are correct as to himself as of the date of this Agreement and will be correct as to himself as of the Closing Date and (as though made then), except as set forth in the disclosure schedule delivered by the Shareholders to the Buyer on the date hereof, as supplemented or amended in accordance with Section 3.4 of this Agreement (such schedule, as so supplemented or amended, the "Shareholders Disclosure Schedule"). The Shareholders Disclosure Schedule is arranged in sections and paragraphs corresponding to the lettered and numbered sections and paragraphs contained in this Section 2.1. References in Section 2.1 to a numbered schedule mean the section of the Shareholders Disclosure Schedule that corresponds with that number; for example, references to "Schedule 2.1(d)" mean Section 2.1(d) of the Shareholders Disclosure Schedule. Notwithstanding anything herein to the contrary, each matter disclosed in either the Shareholders Disclosure Schedule or the Company Disclosure Schedule shall be deemed responsive to all other Sections of the Agreement to which disclosure is required by the Shareholders and/or the Company; provided, however, that the responsiveness of such a disclosure matter to another Section of the Agreement and/or disclosure schedule is obviousfacially apparent.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Omni Energy Services Corp)

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