REPRESENTATIONS AND WARRANTIES OF AAO AND MERGER SUB. Except as set forth in (a) the disclosure schedules, delivered as of the date hereof, by AAO and Merger Sub in connection with this Agreement (the “AAO Disclosure Schedules”); (provided, however, that (i) no such item is required to be set forth as an exception to a representation or warranty if its absence would not result in the related representation or warranty being deemed untrue or incorrect, (ii) the mere inclusion of an item in the AAO Disclosure Schedules as an exception to a representation or warranty shall not be deemed an admission by AAO or Merger Sub that such item represents a material exception or fact, event or circumstance or that such item would reasonably be expected to have an AAO Material Adverse Effect and (iii) any disclosures made with respect to a section of this Article V shall be deemed to qualify any other section of this Article V specifically referenced or cross-referenced and (b) the AAO SEC Reports filed at least two days prior to the date hereof (to the extent the qualifying nature of such disclosure is readily apparent from the content of such AAO SEC Reports, but excluding disclosures referred to in “Forward-Looking Statements”, “Risk Factors” and any other disclosures therein to the extent they are of a predictive or cautionary nature or related to forward-looking statements), AAO and Merger Sub hereby represent and warrant to the Company as follows:
