REPRESENTATIONS AND WARRANTIES OF WORLD ACCESS. 24 SECTION 4.1. Organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 SECTION 4.2. Authorization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 SECTION 4.3. Absence of Restrictions and Conflicts . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 SECTION 4.4. Capitalization of World Access . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 SECTION 4.5. World Access SEC Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 SECTION 4.6. Disclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
REPRESENTATIONS AND WARRANTIES OF WORLD ACCESS. With such exceptions, if any, as may be set forth in a letter (the "World Access Disclosure Letter") delivered by World Access to CIS prior to the execution hereof, World Access hereby represents and warrants to CIS and the Stockholders as follows:
REPRESENTATIONS AND WARRANTIES OF WORLD ACCESS. World Access hereby represents and warrants to each other party hereto that:
REPRESENTATIONS AND WARRANTIES OF WORLD ACCESS. 12 SECTION 5.1. Corporate Organization .......................................................... 12 SECTION 5.2. Capitalization .................................................................. 12 SECTION 5.3. Authority Relative to this Agreement ............................................ 13 SECTION 5.4. No Violation .................................................................... 13 SECTION 5.5. Compliance with Laws ............................................................ 14 SECTION 5.6. Litigation ...................................................................... 14 SECTION 5.7. Financial Statements and Reports ................................................ 15 SECTION 5.8. Absence of Certain Changes or Events ............................................ 15 SECTION 5.9. No Undisclosed Material Liabilities ............................................. 16 SECTION 5.10. No Default ..................................................................... 16 SECTION 5.11. Finders' and Bankers' Fees ..................................................... 16
REPRESENTATIONS AND WARRANTIES OF WORLD ACCESS. World Access represents and warrants to NACT that, except as set forth in the Disclosure Schedule delivered by World Access to NACT prior hereto (the "World Access Disclosure Schedule"), which shall identify exceptions by specific Section references:
