REPRESENTATIONS AND WARRANTIES OF MSS AND THE SHAREHOLDERS. MSS and the Shareholders hereby jointly and severally represent and warrant to NetSelect that, except as set forth in the MSS Schedule of Exceptions attached hereto as Exhibit 3 (the "MSS Schedule of Exceptions"), each of the following representations and statements in this Section 3 is true and correct. For purposes of this Agreement, phrases such as "the knowledge of MSS and the Shareholders," "to the best knowledge of MSS and the Shareholders," or similar phrases shall mean, and shall be limited to, the actual knowledge of Xxxx Xxxxx and Xxxx Xxxxx after having made reasonable investigation and inquiry of the directors, officers or employees of MSS who could reasonably be expected to have knowledge of the matters to which the statement relates.
