REPRESENTATIONS AND WARRANTIES OF SELLER 6. 2.1 Incorporation and Authority 6 2.2 Capitalization and Subsidiaries; Registration Rights; Voting Rights 7 2.3 No Conflict 9 2.4 Consents and Approvals 9 2.5 Financial Statements 10 2.6 No Undisclosed Material Liabilities 11 2.7 Litigation 11 2.8 Employee Benefits 12 2.9 Taxes 14 2.10 Absence of Certain Changes or Events 16 2.11 Title to Assets; Sufficiency of Assets 16 2.12 Real Property 16 2.13 Intellectual Property 17 2.14 Contracts 18 2.15 Compliance with Laws; Permits 19 2.16 Insurance 20 2.17 Environmental Matters 20 2.18 Financial Advisors 21 2.19 Transactions with Affiliates 22 2.20 Customers and Suppliers 22 3.1 Incorporation and Authority of Investor 22 3.2 No Conflict 23 3.3 Consents and Approvals 23 3.4 Litigation 23 3.5 Financial Advisors 24 3.6 Financing 24 3.7 Guarantee 25 3.8 Operations of Investor 25 3.9 Investment Intent 25 3.10 Investor Acknowledgment 25
REPRESENTATIONS AND WARRANTIES OF SELLER 6. Seller Is Holder of Loan and Assumed Rights and Obligations 6 Section 4.2 Disclaimer 7 Section 4.3 Covenants of Seller Until Closing 7
REPRESENTATIONS AND WARRANTIES OF SELLER 6. Section 4.01 Organization; Qualification 6 Section 4.02 Consents; Authorization; Execution and Delivery of Agreement 7 Section 4.03 Subsidiaries and Interests in Other Companies 7 Section 4.04 Capital Stock; Interests 7 Section 4.05 Ownership of Shares; Ownership of Interest 8 Section 4.06 Assets 8 Section 4.07 Contracts 8 Section 4.08 Governmental Licenses 8 Section 4.09 Compliance with Laws 8 Section 4.10 No Violation of Existing Agreements 9 Section 4.11 Litigation and Legal Proceedings 9 Section 4.12 Environmental Compliance 9 Section 4.13 Employees 10 Section 4.14 Employee Benefits 10 Section 4.15 Tax Matters 10 Section 4.16 Financial Statements 11 Section 4.17 Brokers 12 Section 4.18 Undisclosed Liabilities; Guarantees 12 Section 4.19 Certain Business Relationships 12 Section 4.20 Officers, Directors and Certain Authorized Persons 13 Section 4.21 Disclosure 13 ARTICLE V REPRESENTATIONS AND WARRANTIES OF PURCHASER 13 Section 5.01 Organization; Qualification 13 Section 5.02 Consents; Authorization; Execution and Delivery of Agreement 14 Section 5.03 Brokers 14 Section 5.04 No Distribution 14 Section 5.05 Compliance with Laws 14 Section 5.06 No Violation of Existing Agreements 14 Section 5.07 Litigation and Legal Proceedings 14 Section 5.08 Ownership 14 Section 5.09 Cellular 2000 Purchase Agreement 15 ARTICLE VI THE COMPANY'S, SELLER'S AND PURCHASER'S COVENANTS 15 Section 6.01 Governmental Approvals 15 Section 6.02 Third Party Consents; Closing Conditions 16 Section 6.03 Access 16 Section 6.04 Conduct of Business 17 Section 6.05 No Shopping 18 Section 6.06 Employees 18 Section 6.07 Supplemental Disclosure 18 Section 6.08 Cellular 2000 Purchase 18 Section 6.09 Taxes 19
REPRESENTATIONS AND WARRANTIES OF SELLER 6. Section 4.1. Organization and Existence 6 Section 4.2. Power and Authority 6 Section 4.3. Valid and Binding Agreement 7 Section 4.4. Non-Contravention 7 Section 4.5. Approvals 7 Section 4.6. Pending Litigation 7 Section 4.7. Contracts 8 Section 4.8. Commitments, Abandonments or Proposals 8 Section 4.9. Production Sales Contracts 9 Section 4.10. Plugging and Abandonment 9 Section 4.11. Permits 9 Section 4.12. Payment of Expenses 9 Section 4.13. Compliance with Laws 10 Section 4.14. Imbalances; Prepayments 10 Section 4.15. Intellectual Property 10 Section 4.16. Taxes 10 Section 4.17. Fees and Commissions 11 Section 4.18. Equipment; Easements and Rights of Way 11 Section 4.19. Title to Non-Oil and Gas Properties 11 Section 4.20. Additional Seller's Representations and Warranties 12 Section 4.21. Absence of Certain Changes 13 Section 4.22. Disclaimer of Warranties 13
REPRESENTATIONS AND WARRANTIES OF SELLER 6. Organization and Standing 6 4.2 Authorization, Validity and Effect 6 4.3 Capitalization 6 4.4 Title 7 4.5 No Conflict; Required Filings and Consents 7 4.6 Financial Statements 7 4.7 Taxes 8 4.8 Properties, Assets and Leases 8 4.9 Employee Benefit Plans 9 4.10 Company Contracts 10 4.11 Legal Proceedings 11 4.12 Year 2000 Compliance 11 4.13 Compliance with Laws 11 4.14 Environmental Matters 11 4.15 Intellectual Property 12 4.16 No Brokers 12 4.17 Company Employees 12 4.18 Bank Accounts 12
REPRESENTATIONS AND WARRANTIES OF SELLER 6. 3.1 Organization and Authority of Seller; Enforceability 6 3.2 No Conflicts; Consents 7 3.3 Title to Assets 7 3.4 Tax Matters 7 3.5 Assumed Contracts 7 3.6 Intellectual Property Rights 8 3.7 Legal Proceedings 9 3.8 Brokerage 9 3.9 Compliance with Laws; Permits 9 3.10 Environmental Matters 9 3.11 Inventory 9 3.12 Financial Statements 9 3.13 Warranties 10 3.14 No Other Representations or Warranties 10
