REPRESENTATIONS AND WARRANTIES OF DI AND DI SHAREHOLDERS. Each DI Shareholder hereby individually and severally and not jointly represents to CTC that such DI Shareholder has full legal right, power and authority to execute and deliver this Agreement and perform such DI Shareholder’s obligations hereunder, without need for any consent, approval, authorization or order of any court or governmental agency or body. Each of DI and the Warranting Shareholders hereby individually and severally and not jointly represents and warrants to CTC as follows:
REPRESENTATIONS AND WARRANTIES OF DI AND DI SHAREHOLDERS. 3 2.1. Organization, Qualification, Authority and Good Standing ...........................................3 2.2. Capitalization...............................................3 2.3. Subsidiaries and Affiliates..................................4 2.4. Authorization and Enforceability.............................4 2.5. No Violation of Laws or Agreements...........................4 2.6. Financial Statements.........................................5 2.7. Undisclosed Liabilities......................................5 2.8. No Changes...................................................6 2.9. Taxes........................................................8 2.10. Inventories..................................................9 2.11.
REPRESENTATIONS AND WARRANTIES OF DI AND DI SHAREHOLDERS. 3 2.1. Organization, Qualification, Authority and Good Standing. . . . . . . . . . . . . . . . . . . . . 3 2.2. Capitalization . . . . . . . . . . . . . . . . . . . . 3 2.3.
