REPRESENTATIONS AND WARRANTIES OF ESAT AND PNAC. 15 Section 3.1 Organization; Qualification.................................15 Section 3.2 Authority Relative to this Agreement........................15 Section 3.4 Validity of Shares to be Issued.............................16 Section 3.5 Governmental Consents and Approvals.........................16 Section 3.6 No Violations...............................................16 Section 3.7 Financial Statements; SEC Reports...........................17 Section 3.8 Litigation..................................................17 Section 3.9 Information of Filings......................................17
REPRESENTATIONS AND WARRANTIES OF ESAT AND PNAC. Except as set forth in the disclosure schedule delivered to PacificNet by eSat contemporaneously with the execution hereof (the "eSat Disclosure Schedule"), eSat and PNAC (to the extent applicable) hereby represent and warrant to PacificNet and the Owners as follows, which representations and warranties are made as of the date hereof and as of the Effective Date and shall survive the Effective Date regardless of what investigations, if any, PacificNet or any of the Owners shall have made prior hereto:
