REPRESENTATIONS AND WARRANTIES OF MFI. MFI represents and warrants to Brookline Bancorp that the statements contained in this Article IV are correct as of the date of this Agreement and will be correct as of the Closing Date (as though made then and as though the Closing Date were substituted for the date of this Agreement throughout this Article IV), subject to the standard set forth in Section 4.1 and except as set forth in the MFI DISCLOSURE SCHEDULE delivered by MFI to Brookline Bancorp on the date hereof, and except as to any representation or warranty which specifically relates to an earlier date, which only need be so correct as of such earlier date. MFI has made a good faith effort to ensure that the disclosure on each schedule of the MFI DISCLOSURE SCHEDULE corresponds to the section referenced herein. However, for purposes of the MFI DISCLOSURE SCHEDULE, any item disclosed on any schedule therein is deemed to be fully disclosed with respect to all schedules under which such item may be relevant as and to the extent that it is reasonably clear on the face of such schedule that such item applies to such other schedule. References to the Knowledge of MFI shall include the Knowledge of Medford Co-operative.
REPRESENTATIONS AND WARRANTIES OF MFI. Except as set forth in the disclosure letter delivered to the Purchaser by MFI concurrently with the execution and delivery of this Agreement (“MFI’s Disclosure Letter”), as a material inducement to the Purchaser’s entering into this Agreement and completing the transactions contemplated by this Agreement, and acknowledging that the Purchaser is entering into this Agreement in reliance upon the representations and warranties of MFI set out in this Article 4, MFI represents and warrants to the Purchaser as follows:
REPRESENTATIONS AND WARRANTIES OF MFI. MFI represents and warrants to ProFutures as follows (which representations and warranties shall be deemed to be repeated at each Call Date and Closing Date);
REPRESENTATIONS AND WARRANTIES OF MFI. 17 4.1. Standard.......................................................................................17 4.2. Organization...................................................................................18 4.3. Capitalization.................................................................................18 4.4. Authority; No Violation........................................................................19 4.5. Consents.......................................................................................20 4.6. Financial Statements...........................................................................21 4.7. Taxes..........................................................................................21 4.8. No Material Adverse Effect.....................................................................22 4.9. Material Contracts; Leases; Defaults...........................................................22 4.10. Ownership of Property; Insurance Coverage......................................................23 4.11. Legal Proceedings..............................................................................24 4.12. Compliance With Applicable Law.................................................................24 4.13. Employee Benefit Plans.........................................................................25 4.14. Brokers, Finders and Financial Advisors........................................................29 4.15. Environmental Matters..........................................................................29 4.16. Loan Portfolio.................................................................................31 4.17. Securities Documents...........................................................................32 4.18. Related Party Transactions.....................................................................32 4.19. Deposits.......................................................................................33 4.20. Antitakeover Provisions Inapplicable; Required Vote............................................33 4.21. Registration Obligations.......................................................................33 4.22. Risk Management Instruments....................................................................33 4.23. Fairness Opinion...............................................................................33 4.24. Intellectual Property..........................................................................34 4.25. Trus...
REPRESENTATIONS AND WARRANTIES OF MFI
