REPRESENTATIONS AND WARRANTIES OF SELLERS WITH. RESPECT TO THE COMPANY AND THE SUBSIDIARIES OF COMPANY
4.1 Due Organization and Corporate Power 4.2 Corporate Books 4.3 Capitalization
REPRESENTATIONS AND WARRANTIES OF SELLERS WITH. RESPECT TO THE COMPANY 10 Section 2.1 Organization and Qualification. 10 Section 2.2 Capitalization and Ownership of the Company. 11 Section 2.3 Noncontravention. 12 Section 2.4 Financial Statements. 12 Section 2.5 Absence of Certain Changes. 13 Section 2.6 Undisclosed Liabilities. 15 Section 2.7 Tax Matters. 15 Section 2.8 Property. 17 Section 2.9 Real Property. 17 Section 2.10 Intellectual Property. 17 Section 2.11 Contracts. 19 Section 2.12 Litigation. 20 Section 2.13 Labor Matters. 21 Section 2.14 Employee Benefits. 21 Section 2.15 Legal Compliance. 22 Section 2.16 Permits. 22 Section 2.17 Environmental Matters. 23 Section 2.18 Business Relationships with Affiliates. 23 Section 2.19 Sufficiency of Assets. 23 Section 2.20 Brokers’ Fees. 23 ARTICLE III . REPRESENTATIONS AND WARRANTIES OF THE SELLERS 23 Section 3.1 Valid Title. 24 Section 3.2 Authority. 24 Section 3.3 Broker’s Fees. 24 Section 3.4 Litigation. 24 Section 3.5 Noncontravention. 24 Section 3.6 Affiliate Transactions. 25 ARTICLE IV . REPRESENTATIONS AND WARRANTIES OF BUYER 25 Section 4.1 Organization. 25 Section 4.2 Authorization of Transaction. 25 Section 4.3 Noncontravention. 26 Section 4.4 Broker’s Fees. 26 Section 4.5 Litigation. 26 Section 4.6 Investment Intent. 27 ARTICLE V . PRE-CLOSING COVENANTS 27 Section 5.1 Efforts. 27 Section 5.2 Operation of Business. 27 Section 5.3 Access. 27 Section 5.4 Resignations. 28 Section 5.5 Deposit. 28 ARTICLE VI . CONDITIONS PRECEDENT TO CLOSING 28 Section 6.1 Conditions to Obligations of Buyer. 28 Section 6.2 Conditions to Obligations of each Seller. 30 ARTICLE VII . INDEMNIFICATION 30 Section 7.1 Indemnification by the Sellers. 30 Section 7.2 Indemnification by Buyer. 32 Section 7.3 Claims for Indemnification. 32 Section 7.4 Survival. 34 Section 7.5 Limitations. 35 Section 7.6 Waiver, Release and Discharge. 38 Section 7.7 Treatment of Indemnification Payments. 38 Section 7.8 Satisfaction of Indemnification Obligations. 39 ARTICLE VIII . RESERVED 39
REPRESENTATIONS AND WARRANTIES OF SELLERS WITH. RESPECT TO THE SHARES Each Seller represents and warrants on behalf of such Seller to Purchaser that:
REPRESENTATIONS AND WARRANTIES OF SELLERS WITH. RESPECT TO THE ------------------------------------------------------------- ACQUISITION OF THE SHARES................................................ 19 ------------------------- 5.1 Sophistication; Investment Intent................................ 19 --------------------------------- 5.2 Availability of Public Documents................................. 20 -------------------------------- 5.3 Unregistered Shares.............................................. 20 ------------------- 5.4 Restrictive Legend............................................... 20 ------------------ 5.5 Opportunity to Discuss Terms..................................... 20 ----------------------------
