REPRESENTATIONS AND WARRANTIES OF BIZ. 9 3.1 Organization; Good Standing; Qualification and Power........................9 3.2
REPRESENTATIONS AND WARRANTIES OF BIZ. Except in each case as set forth in a schedule dated the date of this Agreement and delivered by BIZ to Litronic concurrently herewith ("BIZ Disclosure Schedule") specifically identifying the Section of this Agreement requiring the delivery of such disclosure (except to the extent disclosure in any numbered and lettered Section of BIZ Disclosure Schedule is specifically cross referenced in another numbered and lettered section of BIZ Disclosure Schedule). As the date hereof, BIZ represents and warrants to Litronic as set forth below. In this Agreement, any reference to any event, change or effect being "material" with respect to any entity or group of entities means any material event, change or effect related to the condition (financial or otherwise), properties, assets, liabilities, businesses, operations, results of operations or prospects of such entity or group of entities taken as a whole. In this Agreement, the term "
REPRESENTATIONS AND WARRANTIES OF BIZ. BIZ hereby represents and warrants to Wave on and as of the Closing Date as follows:
