REPRESENTATIONS AND WARRANTIES OF THE SELLER AND THE TRUST. To induce the Buyer to enter into this Agreement and consummate the transactions contemplated hereby, the Seller (to all representations and warranties of this Section 3 and the Trust (only as such may apply to the Owned Real Property), severally and not jointly, represent and warrant to the Buyer as follows (for purposes of this Agreement, the phrases "knowledge of the Seller" or the "Seller's knowledge", or words of similar import, mean the knowledge of the Management Shareholders, members of the Board of Directors of the Seller, officers of the Seller, including facts of which such directors and executive officers, assuming the reasonably prudent exercise of their duties, are aware):
