Representations and Warranties of Vendor. Vendor makes only the following representations to Purchaser, which representations shall not survive Closing: (a) Receiver has been appointed by the Court as receiver of Quattro and such appointment is valid and subsisting as of the Effective Date and has remained valid and subsisting up to and including the Closing Date; (b) subject to obtaining the Court Order, Vendor has the right to enter into this Agreement and to complete this Transaction; and (c) this Agreement is, and all documents executed and delivered pursuant to this Agreement will be, legal, valid and binding obligations of Vendor enforceable against it in accordance with their terms.
Appears in 4 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement