REPRESENTATIONS AND WARRANTIES OF SMARTFORCE AND THE TRANSITORY SUBSIDIARY. 24 4.1 Organization, Standing and Power; Subsidiaries............................. 25 4.2 Capitalization............................................................. 25 4.3 Subsidiaries............................................................... 27 4.4 Authority; No Conflict; Required Filings and Consents...................... 28 4.5 SEC Filings; Financial Statements; Information Provided.................... 31 4.6
REPRESENTATIONS AND WARRANTIES OF SMARTFORCE AND THE TRANSITORY SUBSIDIARY. SmartForce and the Transitory Subsidiary represent and warrant to SkillSoft that the statements contained in this Article IV are true and correct, except as expressly set forth herein or in the disclosure schedule delivered by SmartForce to SkillSoft on the date of this Agreement (the "SmartForce Disclosure Schedule"). The disclosure in any paragraph of the SmartForce Disclosure Schedule shall qualify (1) the corresponding paragraph in this Article IV and (2) the other paragraphs in this Article IV only to the extent that it is reasonably apparent from a reading of such disclosure that it also qualifies or applies to such other paragraphs.
