Representations and Warranties of Blocker Parents Sample Clauses

Representations and Warranties of Blocker Parents. 39 3.1 Ownership 39 3.2 Organizational Matters 39 3.3 Authority and Due Execution 40 3.4 Non-Contravention and Consents 40 3.5 Blocker Actions 41 3.6 Taxes 41 3.7 Non-Reliance 43
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Representations and Warranties of Blocker Parents. Each Blocker Parent, solely with respect to such Blocker Parent and the Blocker held by such Blocker Parent, represents and warrants, on a several and not joint basis, to and for the benefit of the Indemnitees (with the understanding and acknowledgement that Parent and Merger Sub would not have entered into this Agreement without being provided with the representations and warranties set forth in this Section 3 and that Parent and Merger Sub are relying on these representations and warranties), as follows:

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