REPRESENTATIONS AND WARRANTIES OF ITC. ITC represents and warrants to NCT and Advancel as of the date hereof as follows:
REPRESENTATIONS AND WARRANTIES OF ITC. ITC hereby represents and warrants to Entergy as of the date of this Agreement and as of the Closing Date that, except as (i) set forth in the applicable section (or another section to the extent provided in Section 8.14) of the ITC Disclosure Letter or (ii) to the extent disclosed in any report, schedule, form or other document filed with, or furnished to, the SEC by ITC and publicly available prior to the date of this Agreement and after January 1, 2009 (other than any forward-looking disclosures set forth in any risk factor section (except for any disclosure therein related to historical facts), any disclosures in any section relating to forward-looking statements and any other similar disclosures included therein to the extent that they are primarily cautionary in nature):
REPRESENTATIONS AND WARRANTIES OF ITC. 18 5.1. Organization and Standing............................................................18 5.2. Authorization........................................................................19 5.3. Binding Obligation...................................................................19 6.
REPRESENTATIONS AND WARRANTIES OF ITC. ITC hereby represents and warrants to UNIVERSITY as follows:
REPRESENTATIONS AND WARRANTIES OF ITC. ITC hereby represents and warrants to Shareholder as follows:
REPRESENTATIONS AND WARRANTIES OF ITC. 7 3.1. Organization, Standing, and Power of ITC 7 3.2. Ownership of ITC LLC Units. 8 3.3. Authority; No Breach By Agreement 8 3.4. Units 8 3.5. Legal Proceedings 8 3.6. Purchase for Investment; Accredited Investor Status 9 3.7. Statements True and Correct. 9
REPRESENTATIONS AND WARRANTIES OF ITC. ITC hereby represents and warrants to Bare and the Company as follows:
REPRESENTATIONS AND WARRANTIES OF ITC. Section 3.01 Due Organization, Good Standing and Corporate Power 29 Section 3.02 Authorization of Agreement 30 Section 3.03 Capitalization 30 Section 3.04 Consents and Approvals; No Violations 31 Section 3.05 ITC SEC Filings; Financial Statements; Absence of Changes 32 Section 3.06 Information to be Supplied 33 Section 3.07 Voting Requirements; Approval; Board Approval 34 Section 3.08 Litigation 34 Section 3.09 Compliance with Laws; Permits 34 Section 3.10 Contracts 35 Section 3.11 Employees and Employee Benefits; Labor 36 Section 3.12 Title to Assets 38 Section 3.13 Environmental Matters 38 Section 3.14 Taxes 39 Section 3.15 Regulatory 40 Section 3.16 Intellectual Property Rights 41 Section 3.17 Insurance 41 Section 3.18 Broker’s or Finder’s Fee 41 Section 3.19 Opinion of Financial Advisors 41 Section 3.20 Real Property 42 Section 3.21 No Other Representations or Warranties 42 ARTICLE IV Interim Operating Covenants Section 4.01 Conduct of Transmission Business Pending the Closing 43 Section 4.02 Conduct of ITC Pending the Closing 48 ARTICLE V COVENANTS Section 5.01 Efforts to Close; Antitrust Clearance 52 Section 5.02 Public Announcements 57 Section 5.03 Financial Statements 57 Section 5.04 Access 58 Section 5.05 Preparation of SEC Filings 59 Section 5.06 ITC Shareholder Meeting 60 Section 5.07 No Solicitation by ITC 60 Section 5.08 No Solicitation by Entergy of Transmission Business 64 Section 5.09 NYSE Listing 64 Section 5.10 Required Amendments 64 Section 5.11 [Intentionally omitted] 64 Section 5.12 ITC Guarantee; Indemnification 64 Section 5.13 Non-Opposition 65 Section 5.14 Disclosure Controls 65 Section 5.15 Tax Matters 65 Section 5.16 Alternative Transaction Structures 66 ARTICLE VI CONDITIONS Section 6.01 Joint Conditions 67 Section 6.02 Conditions to the Obligation of ITC 67 Section 6.03 Conditions to the Obligation of Entergy 69 ARTICLE VII
REPRESENTATIONS AND WARRANTIES OF ITC. ITC hereby represents and warrants to HeadHunter and the Shareholder as follows:
REPRESENTATIONS AND WARRANTIES OF ITC. Section 3.01 Due Organization, Good Standing and Corporate Power ....................................29 Section 3.02 Authorization of Agreement ...............................................................................29 Section 3.03 Capitalization.....................................................................................................30 Section 3.04 Consents and Approvals; No Violations .............................................................31 Section 3.05 ITC SEC Filings; Financial Statements; Absence of Changes.............................32 Section 3.06 Information to be Supplied.................................................................................33 Section 3.07 Voting Requirements; Approval; Board Approval..............................................34 Section 3.08 Litigation ...........................................................................................................34 Section 3.09 Compliance with Laws; Permits .........................................................................34 Section 3.10 Contracts............................................................................................................35 Section 3.11 Employees and Employee Benefits; Labor .........................................................36 Section 3.12 Title to Assets ....................................................................................................38 Section 3.13
