REPRESENTATIONS AND WARRANTIES OF THE PURCHASER AND MCRLP. 28 Section 4.01. Organization and Authority of MCRLP and the Purchaser 28 Section 4.02. Certificate of Incorporation and By-Laws 29 Section 4.03. Capitalization 29 Section 4.04. No Conflict 30 Section 4.05. Governmental Consents and Approvals 30 Section 4.06. SEC Filings 30 Section 4.07. Form S-3 Eligibility 31 Section 4.08. Litigation 31 Section 4.09. Brokers 31 Section 4.10. Independent Investigation; Representations 31 ARTICLE V ADDITIONAL AGREEMENTS 32 Section 5.01. Conduct of Business Prior to the Closing 32 Section 5.02. Access to Information 33 Section 5.03. Confidentiality 34 Section 5.04. Regulatory and Other Authorizations; Notices and Consents 35 Section 5.05. Non-Competition; Non-Solicitation 35 Section 5.06. Property Management Retention 36 Section 5.07. Office Leases 36 Section 5.08. Right of First Offer 37 Section 5.09. Use of the Xxxx Name 37 Section 5.10. Xxxxxxx X. Xxxx 37 Section 5.11. Excluded Assets 38 Section 5.12. Registration Rights 39 Section 5.13. Notifications; Update of Disclosure Schedule 40 Section 5.14. Further Action 40 Section 5.15. Conveyance Taxes 40 Section 5.16. Insurance 41 Section 5.17. Transfer Restrictions 41 Section 5.18. Transition Services 41 Section 5.19. Economic Benefits of Assignment 41 Section 5.20. Delivery of 2004 Pro Forma Financial Statements. 42 Section 5.21. Preparation of Audited Financials 42 Section 5.22. Non-Portfolio Real Property Interests. 42 Section 5.23. REIT Issues 42 Section 5.24. Tax Matters 43 ARTICLE VI EMPLOYEE MATTERS 45 Section 6.01. Employee Benefits 45 Section 6.02. Former AT&T Employee Severance Obligations 45
REPRESENTATIONS AND WARRANTIES OF THE PURCHASER AND MCRLP. The Purchaser and MCRLP hereby represent and warrant to the Sellers as follows:
