REPRESENTATIONS AND WARRANTIES OF CCBG CONCERNING CCBG AND SUBSIDIARIES. CCBG hereby represents and warrants to Buyers as follows as of the date of this Agreement and as of the Closing Date, with full knowledge that such representations and warranties being true at those times are a material consideration and inducement to the execution of this Agreement by Buyers and the consummation of the transactions contemplated hereunder and that if they are breached, such breach may (1) as specifically provided in Section 7.03, relieve the Buyers of their obligation to effect the Merger, and (2) as specifically provided in Article VI, form the basis for a post-Closing reduction to the Merger Consideration:
