Representations and Warranties of Principals. The Principals, jointly and severally, hereby represent and warrant to SCOLP as of the date hereof, and as of the Closing Date, the following with the understanding that each of the representations and warranties are material and have been relied on by SCOLP in connection herewith:
Representations and Warranties of Principals. 17- 3.1 Authority of the Principals ........................... -17- 3.2 No Conflict ........................................... -17- 3.3 No Broker's or Finder's Fees .......................... -17- 3.4 Restricted Securities ................................. -17- 3.5 Acquired for Investment ............................... -18- 3.6 Sophistication ........................................ -18- 3.7 Continuing Representations ............................ -18- ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB ............... -18- 4.1 Organization and Corporate Power ...................... -18- 4.2 Due Authorization; Effect of Transaction .............. -19- 4.3 Capitalization ........................................ -19- 4.4 SEC Documents; Financial Statements ................... -19- 4.5 Continuing Representations ............................ -20- ARTICLE 5 ADDITIONAL AGREEMENTS .................................................. -20- 5.1 Conduct of ECI Business Pending Closing ............... -20- 5.2 Expenses .............................................. -21- 5.3 Restrictions on Resale ................................ -21- 5.4 Convertible Securities ................................ -22- 5.5 Registration Agreement ................................ -22- 5.6 Escrow Agreement ...................................... -22- 5.7 Paxtxx Xxxloyment Agreement ........................... -22- 5.8 Burgxxx Xxxsulting Agreement .......................... -23- 5.9 Public Announcements .................................. -23- 5.10 Stockholders Meeting .................................. -23- 5.11 Approval of Principals; Proxy ......................... -23- 5.12 Exclusivity ........................................... -24- 5.13 Reasonable Efforts .................................... -24- -ii- 4 ARTICLE 6 CONDITIONS PRECEDENT ................................................... -24- 6.1 Conditions to Obligations of Parent and Merger Sub .... -24- 6.2 Conditions to Obligations of ECI and Principals ....... -26- ARTICLE 7 INDEMNIFICATION ........................................................ -27- 7.1 Indemnification by Principals ......................... -27- 7.2 Limitation on Liability ............................... -28- 7.3 Process of Indemnification for Parent Claims .......... -28- ARTICLE 8 TERMINATION ............................................................ -29- 8.1 Termination Events .................................... -29- 8.2 Certain Effects of Terminat...
Representations and Warranties of Principals. Each of the Principals, severally and not jointly, represents and warrants to Parent and Merger Sub as follows:
Representations and Warranties of Principals. Each of Rxxxxx F.X. Sxxxxxxxx, Xxxxx Torino and Pxxx X. Xxxxxxx shall have executed and delivered to Purchaser a representation letter, in form and substance reasonably satisfactory to Purchaser, containing the representations and warranties set forth in Schedule 5.12 hereof.
Representations and Warranties of Principals. Each of the Principals hereby severally, but not jointly, represents and warrants to WTI, CRM, Inc. and the Company with respect to himself as follows:
Representations and Warranties of Principals. Each of the Principals hereby severally, but not jointly, represents and warrants to WTI, and the LLC with respect to himself as follows:
Representations and Warranties of Principals. The Principals, jointly and severally, hereby represent and warrant to the Sun Group as of the date hereof, and as of the Closing Date, the following with the understanding that each of the representations and warranties are material and have been relied on by the Sun Group in connection herewith:
Representations and Warranties of Principals. 4 2.1 Making of Representations and Warranties..........................4 2.2 Organization and Qualification; Capital Stock.....................4 2.3 Subsidiaries......................................................4 2.4
Representations and Warranties of Principals. Each of the Principals represents and warrants to Buyer as follows:
Representations and Warranties of Principals. Each Principal severally, but not jointly, represents and warrants to Silvercrest as follows:
