Common use of REPRESENTATIONS AND WARRANTIES OF I3 Clause in Contracts

REPRESENTATIONS AND WARRANTIES OF I3. i3 hereby makes the following representations and warranties to ACE*COMM and Merger Sub as set forth in this Article III, subject to the exceptions disclosed in writing in the i3 Disclosure Schedule as of the date hereof (provided, that disclosure made with respect to any Section and/or subsection will also be deemed to be disclosure against other Sections and/or subsections of this Agreement to the extent that it is readily apparent that such disclosure is applicable to such other Section and/or subsections), each of which is being relied upon by ACE*COMM and Merger Sub as a material inducement to enter into and perform this Agreement. All of the disclosure schedules of i3 referenced below or otherwise required pursuant to this Agreement are referred to herein as the “i3 Disclosure Schedule.”