Representations and Warranties of Precision and the Selling Shareholders True at Closing Date. The representations and warranties of Precision and the Selling Shareholders herein contained shall be, in all material respects, true as of and at the Closing Date with the same effect as though made at such date, except as affected by transactions permitted or contemplated by this Agreement and except for those representations and warranties that address matters only as of a particular date (which shall remain true and correct as of such particular date), provided that any inaccuracies in such representations and warranties will be disregarded if the circumstances giving rise to all such inaccuracies (considered collectively) do not constitute, and are not reasonably expected to result in, a Material Adverse Effect on Precision (it being understood that any materiality qualifications contained in such representations and warranties shall be disregarded for this purpose); and Precision shall have performed and complied, in all material respects, with all covenants required by this Agreement to be performed or complied with by Precision and the Selling Shareholders before the Closing Date.
