REPRESENTATIONS AND WARRANTIES OF CITRUS. 9 3.1. Organization, Good Standing and Conduct of Business....................10 3.2. Subsidiaries...........................................................10 3.3. Corporate Authority....................................................10 3.4. Binding Effect.........................................................10 3.5. Capitalization of Citrus...............................................10 3.6. Compliance with Laws; Absence of Defaults..............................10 3.7. Non-Contravention and Defaults; No Liens...............................11 3.8.
REPRESENTATIONS AND WARRANTIES OF CITRUS. Citrus hereby represents and warrants to CFC the following matters on and as of the date of this Reorganization Agreement and at the Effective Time; provided, however, that before any breach of or inaccuracy in any of the representations or warranties given in this Section III shall be actionable or shall constitute grounds
