REPRESENTATIONS AND WARRANTIES OF SKYLINE 5. 2.1 Organization and Qualification; No Subsidiaries. 5 2.2 Articles of Organization and Operating Agreement. 5 2.3 Units of Skyline. 6 2.4 Authority Relative to this Agreement. 6 2.5 No Conflict; Required Filings and Consents. 6 2.6 Financial Statements. 7 2.7 Compliance; Permits. 8 2.8 No Undisclosed Liabilities. 8 2.9 Absence of Certain Changes or Events. 9 2.10 Absence of Litigation. 10 2.11 Employee Benefit Plans. 10 2.12 Labor Matters. 13 2.13 Restrictions on Business Activities. 14 2.14 Title to Property. 14 2.15 Taxes. 14 2.16 Environmental Matters. 17 2.17 Intellectual Property. 17 2.18 Material Agreements. 19 2.19 Customers and Suppliers. 20 2.20 Agreements with Regulatory Agencies. 20 2.21 Related Party Transactions. 20 2.22 Accounts Receivable. 20 2.23 Deferred Revenue. 21 2.24 Insurance. 21 2.25 Board Approval. 21 2.26 Member Approval. 21 2.27 Brokers. 21 ARTICLE III REPRESENTATIONS AND WARRANTIES OF CHC 21
