REPRESENTATIONS AND WARRANTIES OF THE BUYER PARTIES. 37 Section 4.1 Organization 37 Section 4.2 Authorization 37 Section 4.3 Consents and Approvals; No Violations 37 Section 4.4 Litigation 38 Section 4.5 Capital Structure of Parent 38 Section 4.6 Equity Consideration 39 Section 4.7 SEC Documents; Financial Statements 39 Section 4.8 Internal Controls; Listing Exchange 40 Section 4.9 No Other Representations or Warranties 41 Section 4.10 Purchase for Investment 41 Section 4.11 Certain Fees 41 ARTICLE V COVENANTS 41 Section 5.1 Conduct of Seller and the Group Companies 41 Section 5.2 Conduct of the Buyer Parties 42 Section 5.3 Tax Matters 43 Section 5.4 Employee Benefits 46 Section 5.5 Confidentiality Agreement 48 Section 5.6 Restrictive Covenants. 48 Section 5.7 R&W Policy 50 Section 5.8 Access to Information 50 Section 5.9 Excluded Liabilities and Assumed Liabilities 51 Section 5.10 Misallocated Assets and Liabilities; Payments 51 Section 5.11 Insurance Policies 52 Section 5.12 Reorganization Transactions 52 Section 5.13 Release of Liens 52 Section 5.14 Xxxxxxx Property 52 Section 5.15 Third-Party Consents 54
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Samples: Purchase Agreement (Nextier Oilfield Solutions Inc.)
REPRESENTATIONS AND WARRANTIES OF THE BUYER PARTIES. 37 3 Section 4.1 3.1 Organization 37 3 Section 4.2 Authorization 37 3.2 Capitalization of Buyer Parties and Subsidiaries 4 Section 4.3 Consents and Approvals; No Violations 37 3.3 Authority Relative to This Agreement 5 Section 4.4 Litigation 38 3.4 Noncontravention 6 Section 4.5 Capital Structure of Parent 38 3.5 Governmental Approvals 6 Section 4.6 Equity Consideration 39 Section 4.7 SEC Documents; 3.6 Financial Statements 39 6 Section 4.8 Internal Controls3.7 Absence of Undisclosed Liabilities 6 Section 3.8 Absence of Certain Changes 7 Section 3.9 Title to Properties 7 Section 3.10 Compliance With Laws 8 Section 3.11 Tax Matters 8 Section 3.12 Legal Proceedings 9 Section 3.13 Brokerage Fees 10 Section 3.14 Permits 10 Section 3.15 Environmental Matters 10 Section 3.16 Revenue and Expense Information; Listing Exchange 40 Records 10 Section 4.9 3.17 Commitments 10 Section 3.18 No Alienation 11 Section 3.19 Make-Up Rights 11 Section 3.20 Imbalance 11 Section 3.21 Employees 11 Section 3.22 Agreements, Contracts and Commitments. 11 Section 3.23 Hedging 12 Section 3.24 No Participating Hydrocarbons 12 Section 3.25 Regulatory Agencies 12 Section 3.26 Non-Consent 13 Section 3.27 Property Boundaries 13 Section 3.28 No Other Representations or Warranties 41 Royalties 13 Section 4.10 Purchase for Investment 41 3.29 Reserve Reports 13 Section 4.11 Certain Fees 41 ARTICLE V COVENANTS 41 3.30 NYSE Listing 13 Section 5.1 Conduct of Seller 3.31 SEC Filings 13 Section 3.32 Securities Laws 14 Section 3.33 Xxxxxxxx-Xxxxx Compliance; Controls and the Group Companies 41 Section 5.2 Conduct of the Buyer Parties 42 Section 5.3 Tax Matters 43 Section 5.4 Employee Benefits 46 Section 5.5 Confidentiality Agreement 48 Section 5.6 Restrictive Covenants. 48 Section 5.7 R&W Policy 50 Section 5.8 Access to Information 50 Section 5.9 Excluded Liabilities and Assumed Liabilities 51 Section 5.10 Misallocated Assets and Liabilities; Payments 51 Section 5.11 Insurance Policies 52 Section 5.12 Reorganization Transactions 52 Section 5.13 Release of Liens 52 Section 5.14 Xxxxxxx Property 52 Section 5.15 Third-Party Consents 54Procedures 14
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Samples: Purchase and Sale Agreement (Earthstone Energy Inc)
REPRESENTATIONS AND WARRANTIES OF THE BUYER PARTIES. 37 Section 4.1 5.1 Organization 37 47 Section 4.2 Authorization 37 Section 4.3 Consents and Approvals5.2 Ownership of MergerCo; No Violations 37 Section 4.4 Litigation 38 Section 4.5 Capital Structure of Parent 38 Section 4.6 Equity Consideration 39 Section 4.7 SEC Documents; Financial Statements 39 Section 4.8 Internal Controls; Listing Exchange 40 Section 4.9 No Other Representations or Warranties 41 Section 4.10 Purchase for Investment 41 Section 4.11 Certain Fees 41 ARTICLE V COVENANTS 41 Section 5.1 Conduct of Seller and the Group Companies 41 Section 5.2 Conduct of the Buyer Parties 42 Prior Activities 48 Section 5.3 Tax Matters 43 Authority 48 Section 5.4 Employee Benefits 46 No Conflict; Required Filings and Consents 49 Section 5.5 Confidentiality Agreement 48 Information Supplied for Proxy Statement 49 Section 5.6 Restrictive Covenants. 48 Financing; Guarantees 49 Section 5.7 R&W Policy Brokers 50 Section 5.8 Disclaimer of Other Representations and Warranties 50 Section 6.1 Access to Information 50 Section 5.9 Excluded Liabilities and Assumed Liabilities 51 Section 5.10 Misallocated Assets and Liabilities6.2 Operation of the Business; Payments 51 Section 5.11 Insurance Policies Certain Notices; Tax Returns 52 Section 5.12 Reorganization Transactions 52 6.3 No Solicitation 58 Section 5.13 Release 6.4 Options 60 Section 6.5 Common Units 60 Section 6.6 Mailing Notice 60 Section 7.1 Proxy Statement 61 Section 7.2 Company Shareholders Meeting 61 Section 7.3 Regulatory Approvals; Consents 62 Section 7.4 Employee Benefits 63 Section 7.5 Indemnification of Liens 52 Officers and Directors 64 Section 5.14 Xxxxxxx Property 52 7.6 Public Announcements 65 Section 5.15 Third-7.7 Transfer Taxes 66 Section 7.8 Financing Cooperation 66 Section 7.9 Takeover Statutes 68 Section 7.10 Delisting and Deregistering of Securities 68 Section 7.11 Shareholder and Limited Partner Litigation 68 Section 7.12 Third Party Consents 5468 Section 7.13 Alternative Structure 69 Section 7.14 2005 GE Loan Agreement 69 Section 7.15 Development Sale 69 Section 7.16 Marketing of Assets 70 Section 8.1 Shareholder Approval 71 Section 8.2 HSR Act 71 Section 8.3 No Restraints 71
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REPRESENTATIONS AND WARRANTIES OF THE BUYER PARTIES. 37 Section 4.1 Organization 37 5.1 Organization; Qualification 30 Section 4.2 Authorization 37 5.2 Authority; Enforceability 30 Section 4.3 Consents and Approvals; No Violations 37 5.3 Non-Contravention 31 Section 4.4 Litigation 38 5.4 Capitalization 31 Section 4.5 Capital Structure of Parent 38 Section 4.6 Equity Consideration 39 Section 4.7 5.5 SEC Documents; Financial Statements 39 Statements; No Undisclosed Liabilities 32 Section 4.8 5.6 Internal Controls; NYSE Listing Exchange 40 Matters 33 Section 4.9 5.7 Governmental Approvals 34 Section 5.8 Legal Proceedings 35 Section 5.9 Matters Relating to Acquisition of the Acquired Interests 35 Section 5.10 Bankruptcy 36 Section 5.11 Financing 36 Section 5.12 Form S-3 36 Section 5.13 No Other Representations or Stockholder Approval 36 Section 5.14 Brokers’ Fee 36 Section 5.15 R&W Policy 37 Section 5.16 CFIUS Matters 37 Section 5.17 Tax Matters 37 Section 5.18 Disclaimer of Additional and Implied Warranties 41 37 Section 4.10 Purchase for Investment 41 Section 4.11 Certain Fees 41 ARTICLE V COVENANTS 41 Section 5.1 6.1 Conduct of Seller Business 37 Section 6.2 Information Access 42 Section 6.3 Contact with Customers, Suppliers and the Group Companies 41 Other Business Relations 44 Section 5.2 6.4 Governmental Approvals 44 Section 6.5 Indemnification of Officers, Directors, and Managers 46 Section 6.6 Retention of Books and Records 47 Section 6.7 Expenses 47 Section 6.8 Required Filings 47 Section 6.9 Third Party Approvals 47 Section 6.10 Further Assurances 47 Section 6.11 Confidentiality 48 Section 6.12 Transfer Taxes 50 Section 6.13 Conduct of the Parent and Buyer Parties 42 50 Section 5.3 6.14 Exclusive Dealing 51 Section 6.15 Tax Matters 43 Section 5.4 Employee Benefits 46 Section 5.5 Confidentiality Agreement 48 Section 5.6 Restrictive Covenants. 48 Section 5.7 R&W Policy 50 Section 5.8 Access to Information 50 Section 5.9 Excluded Liabilities and Assumed Liabilities 51 Section 5.10 Misallocated Assets and Liabilities; Payments 51 Section 5.11 Insurance Policies 52 Section 5.12 Reorganization Transactions 52 Section 5.13 Release of Liens 52 Section 5.14 Xxxxxxx Property 52 Section 5.15 Third-Party Consents 546.16 Debt Financing Cooperation 53
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