REPRESENTATIONS AND WARRANTIES OF FNB AND FNBNC. In the following representations and warranties, all references to assets, liabilities, properties, rights, obligations, financial condition, operations, knowledge, information and other characteristics of FNB shall be deemed to include reference to those characteristics of FNB on a consolidated basis, except as the context otherwise indicates or requires. FNB represents and warrants to ACB that, except as set forth on a schedule (the “FNB Disclosure Schedule”) to be delivered to ACB concurrently with the execution and delivery of this Agreement, corresponding in number with the applicable section of this Agreement:
