Common use of Representations and Warranties in Purchase Agreement Clause in Contracts

Representations and Warranties in Purchase Agreement. All representations and warranties of each Loan Party set forth in the Purchase Agreement were true and correct in all material respects as of the time such representations and warranties were made and shall be true and correct in all material respects as of the Closing Date as if such representations and warranties were made on and as of such date, unless stated to relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date.