Common use of Representations and Warranties of the Target and the Major Shareholders Clause in Contracts

Representations and Warranties of the Target and the Major Shareholders. The Target and each of the Major Shareholders, jointly and severally, represent and warrant to the Acquiror that the statements contained in this Section 3 are correct and complete as of the date of this Agreement and will be correct and complete as of the Closing Date (as though made then and as though the Closing Date were substituted for the date of this Agreement throughout this Section 3), except as set forth in the disclosure schedule accompanying this Agreement and initialed by the Parties (the "Disclosure Schedule"). The Disclosure Schedule will be arranged in paragraphs corresponding to the lettered and numbered paragraphs contained in this Section 3.

Representations and Warranties of the Target and the Major Shareholders. The Target and each of the Major Shareholders, jointly and severally, represent and warrant to the Acquiror that the statements contained in this Section 3 are correct and complete as of the date of this Agreement and will be correct and complete as of the Closing Date (as though made then and as though the Closing Date were substituted for the date of this Agreement throughout this Section 3), except as set forth in the disclosure schedule accompanying this Agreement and initialed by the Parties (the "Disclosure ScheduleDISCLOSURE SCHEDULE"). The Disclosure Schedule will be arranged in paragraphs corresponding to the lettered and numbered paragraphs contained in this Section 3.