Common use of REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY Clause in Contracts

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 Section 3.1 Organization and Qualification 13 Section 3.2 Capitalization 13 Section 3.3 Financial Statements 14 Section 3.4 Material Contracts 15 Section 3.5 Absence of Certain Changes 17 Section 3.6 Litigation 17 Section 3.7 Compliance with Applicable Law 17 Section 3.8 Employee Plans 18 Section 3.9 Environmental Matters. 19 Section 3.10 Intellectual Property 20 Section 3.11 Labor Matters 20 Section 3.12 Insurance 21 Section 3.13 Tax Matters 21 Section 3.14 Brokers 23 Section 3.15 Real Property; Personal Property 23 Section 3.16 Transactions with Affiliates 24 Section 3.17 Regulatory Matters. 24 Section 3.18 Exclusivity of Representations and Warranties 24 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 24 Section 4.1 Organization 25 Section 4.2 Authority 25 Section 4.3 Ownership of the Seller Interest. 25 Section 4.4 Consents and Approvals; No Violations 25 Section 4.5 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 Section 5.1 Organization 26 Section 5.2 Authority 26 Section 5.3 Consents and Approvals; No Violations 26 Section 5.4 Brokers 26 Section 5.5 Financial Capability 26 Section 5.6 Anti-Money Laundering Compliance 27

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

AutoNDA by SimpleDocs

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 25 Section 3.1 Organization 4.1 Existence, Qualification and Qualification 13 Power 25 Section 3.2 4.2 No Conflicts; Consents 25 Section 4.3 Capitalization 13 of Company and the Subsidiaries. 25 Section 3.3 4.4 Financial Statements 14 26 Section 3.4 Material Contracts 15 4.5 No Undisclosed Liabilities 27 Section 3.5 4.6 Absence of Certain Changes 17 27 Section 3.6 4.7 Litigation 17 28 Section 3.7 4.8 Bankruptcy 28 Section 4.9 Taxes 28 Section 4.10 Employees 30 Section 4.11 Employee Benefits 30 Section 4.12 Compliance with Applicable Law 17 Laws 30 Section 3.8 Employee Plans 18 4.13 Contracts. 30 Section 3.9 4.14 Outstanding Capital Commitments 31 Section 4.15 Environmental MattersMatters 31 Section 4.16 Intellectual Property. 19 32 Section 3.10 Intellectual Property 20 4.17 Insurance 32 Section 3.11 Labor Matters 20 Section 3.12 Insurance 21 Section 3.13 Tax Matters 21 Section 3.14 Brokers 23 Section 3.15 4.18 Real Property; Personal Property 23 Property. 32 Section 3.16 Transactions with Affiliates 24 4.19 Bank Accounts 33 Section 3.17 Regulatory Matters. 24 Section 3.18 Exclusivity of Representations 4.20 Books and Warranties 24 Records 33 ARTICLE IV 5 REPRESENTATIONS AND WARRANTIES OF SELLER 24 Section 4.1 Organization 25 Section 4.2 Authority 25 Section 4.3 Ownership of the Seller Interest. 25 Section 4.4 Consents and Approvals; No Violations 25 Section 4.5 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 PURCHASER 34 Section 5.1 Organization 26 Existence and Qualification 34 Section 5.2 Authority 26 Power 34 Section 5.3 Consents Authorization and Approvals; No Violations 26 Enforceability 34 Section 5.4 Brokers 26 No Conflicts; Consents 34 Section 5.5 Financial Capability 26 Defense Production Act 34 Section 5.6 AntiLitigation 35 Section 5.7 Bankruptcy 35 Section 5.8 Financing 35 Section 5.9 Investment Intent 35 Section 5.10 Independent Evaluation. 35 Section 5.11 Class B Purchase Agreement Representations 37 ARTICLE 6 DISCLAIMERS AND ACKNOWLEDGEMENTS 37 Section 6.1 General Disclaimers 37 Section 6.2 Environmental Disclaimers 38 Section 6.3 Changes in Prices 38 Section 6.4 Limited Duties 39 Section 6.5 Class B Purchase Price 39 ARTICLE 7 COVENANTS OF THE PARTIES 40 Section 7.1 Access. 40 Section 7.2 Operation of Business. 42 Section 7.3 Casualty and Condemnation 44 Section 7.4 Closing Efforts and Further Assurances; Non-Money Laundering Compliance 27Solicitation. 44 Section 7.5 Notifications 45 Section 7.6 Amendment of Disclosure Schedules 45 Section 7.7 Government Reviews. 45 Section 7.8 Liability for Brokers’ Fees 46 Section 7.9 Press Releases 47 Section 7.10 Expenses; Filings, Certain Governmental Approvals and Removal of Names 47 Section 7.11 Records 47 Section 7.12 Indemnification; Directors’ and Officers’ Insurance. 48 Section 7.13 Credit Facility Indebtedness 48 Section 7.14 Call Option Exercise 48 Section 7.15 Title Curative and Restoration Matters 49 Section 7.16 Class B Purchase Agreement 49 Section 7.17 Participation Rights 49 ARTICLE 8 CONDITIONS TO CLOSING 49 Section 8.1 Conditions of Seller to Closing 49 Section 8.2 Conditions of Purchaser to Closing 50 ARTICLE 9 CLOSING 51 Section 9.1 Time and Place of Closing 51 Section 9.2 Obligations of Seller at Closing 52 Section 9.3 Obligations of Purchaser at Closing 53 ARTICLE 10 TAX MATTERS 53 Section 10.1 Transfer Taxes 53 Section 10.2 Tax Returns. 53 Section 10.3 Straddle Period Taxes 55 Section 10.4 Cooperation 55 Section 10.5 Amended Returns 55 Section 10.6 Tax Refunds 56 Section 10.7 Section 754 Election 56 ARTICLE 11 TERMINATION 56 Section 11.1 Termination 56 Section 11.2 Effect of Termination. 57

Appears in 1 contract

Samples: Securities Purchase Agreement (Plains All American Pipeline Lp)

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 Section 3.1 Organization and Qualification 2.1.Organizational Status; Authorization ‌ 13 Section 3.2 Capitalization 13 Section 3.3 Financial Statements 0.0.Xx Conflicts; Consents and Approvals ‌ 14 Section 3.4 Material Contracts 2.3.Capitalization of the Company ‌ 14 Section 0.0.Xxxxxxxxx Statements ‌ 15 Section 3.5 Absence 2.5.Absence of Certain Changes 17 Undisclosed Liabilities ‌ 15 Section 3.6 Litigation 17 Section 3.7 Compliance with Applicable Law 17 Section 3.8 Employee Plans 18 Section 3.9 Environmental Matters. 19 Section 3.10 Intellectual Property 20 Section 3.11 Labor Matters 20 Section 3.12 Insurance 21 Section 3.13 Tax Matters 21 Section 3.14 Brokers 23 Section 3.15 Real 2.6.Real Property; Personal Property 23 Leases ‌ 16 Section 3.16 Transactions 2.7.Contracts ‌ 18 Section 2.8.Employee Benefit Matters ‌ 19 Section 2.9.Intellectual Property ‌ 22 Section 2.10.Governmental Authorizations; Compliance with Affiliates Law ‌ 24 Section 3.17 Regulatory Matters. 24 2.11.Litigation ‌ 25 Section 3.18 Exclusivity 2.12.Taxes ‌ 25 Section 2.13.Absence of Representations Changes ‌ 27 Section 2.14.Environmental Matters ‌ 29 Section 2.15.Employment Matters ‌ 30 Section 2.16.Brokers ‌ 32 Section 0.00.Xxxxxxxxx ‌ 32 Section 2.18.Title, Condition and Warranties 24 Sufficiency of Assets ‌ 32 Section 2.19.Banking Facilities; No Powers of Attorney ‌ 33 Section 2.20.Accounts Receivable; Accounts Payable and Inventory ‌ 33 Section 2.21.Rebates ‌ 33 Section 2.22.Customers and Suppliers ‌ 33 Section 2.23.Affiliate Transactions ‌ 34 Section 2.24.COVID-19 ‌ 34 i ​ 4855-0363-3265.v2 Section 2.25.Investigation by the Company ‌ 34 ARTICLE III REPRESENTATIONS AND WARRANTIES REGARDING THE MEMBERS ‌ 35 Section 3.1.Organizational Status; Authorization ‌ 35 Section 0.0.Xx Conflicts; Consents and Approvals ‌ 35 Section 3.3.Investigation by the Members ‌ 35 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 24 PARENT ‌ 36 Section 4.1 Organization 25 4.1.Organizational Status and Authority ‌ 36 Section 4.2 Authority 25 0.0.Xx Conflicts; Consents and Approvals ‌ 36 Section 4.3 Ownership 4.3.Bankruptcy ‌ 37 Section 4.4.Litigation ‌ 37 Section 4.5.Purchase for Investment ‌ 37 Section 4.6.Brokers ‌ 37 Section 4.7.Investigation by Xxxxxx and Xxxxxx Sub ‌ 37 Section 4.8.Foreign Person ‌ 38 ARTICLE V COVENANTS OF PARTIES ‌ 38 Section 5.1.Comerica Letters of Credit ‌ 38 Section 5.2.Intentionally Omitted ‌ 38 Section 5.3.Intentionally Omitted ‌ 38 Section 5.4.Intentionally Omitted ‌ 38 Section 5.5.Director and Officer Indemnification ‌ 39 Section 5.6.Intentionally Omitted ‌ 39 Section 5.7.Employee Benefits ‌ 39 Section 5.8.‎Use of Name ‌ 41 Section 5.9.Confidentiality and Public Announcements ‌ 41 Section 5.10.Catapult Confidential Information ‌ 41 Section 5.11.R&W Policy ‌ 42 Section 5.12.Post-Closing Procedures for Members ‌ 42 ARTICLE VI CONDITIONS PRECEDENT TO CLOSING ‌ 42 Section 6.1.Intentionally Omitted ‌ 42 ARTICLE VII TERMINATION ‌ 43 Section 7.1.Intentionally Omitted ‌ 43 ARTICLE VIII INDEMNIFICATION ‌ 43 Section 8.1.Indemnification By the Members ‌ 43 Section 8.2.Independent Investigation; Waiver of Other Representations ‌ 44 Section 8.3.Indemnification by Parent ‌ 46 Section 8.4.Indemnification Notice; Litigation Notice ‌ 46 Section 8.5.Disagreement Notice ‌ 46 Section 8.6.Defense of Third-Party Claims ‌ 47 Section 8.7.Survival ‌ 48 Section 8.8.Limitation on Certain Indemnified Losses ‌ 48 ii ​ 4855-0363-3265.v2 Section 0.0.Xxxxxxxxx Recovery ‌ 50 Section 8.10.Special Rule for Fraud ‌ 51 Section 8.11.Exclusive Remedy ‌ 51 Section 0.00.Xxx Treatment of Indemnity Payments ‌ 51 Section 8.13.R&W Policy ‌ 52 ARTICLE IX POST-CLOSING MATTERS ‌ 52 Section 9.1.Taxes ‌ 52 Section 9.2.Preservation of Books and Records ‌ 57 Section 9.3.Affiliate Services ‌ 58 ARTICLE X GENERAL PROVISIONS; MISCELLANEOUS ‌ 58 Section 10.1.Modification; Waiver ‌ 58 Section 10.2.Entire Agreement ‌ 58 Section 10.3.Expenses ‌ 58 Section 10.4.Further Actions ‌ 58 Section 10.5.Notices ‌ 58 Section 10.6.Assignment ‌ 60 Section 00.0.Xx Third Party Beneficiaries ‌ 60 Section 10.8.Counterparts ‌ 60 Section 10.9.Rules of Construction ‌ 60 Section 10.10.Governing Law; Jury Waiver ‌ 61 Section 10.11.Consent to Jurisdiction and Forum Selection ‌ 62 Section 10.12.Disclosure Schedules ‌ 62 Section 10.13.Specific Performance ‌ 62 Section 10.14.Time is of the Seller Interest. 25 Essence ‌ 62 Section 4.4 10.15.Conflict Waiver; Attorney-Client Privilege ‌ 63 Section 10.16.Affiliate Liability ‌ 64 Section 10.17.Members’ Representative ‌ 64 ​ SCHEDULES Schedule 1.1-PLPermitted Liens Schedule 1.7(b)Paid-Off Closing Debt; Transaction Expenses Schedule 1.9(a)(vii)Resignations Schedule 1.9(a)(xiv)Third-Party Consents, Notices and Approvals Schedule 1.10Settlement Statement Methodology; Pro Rata Percentages Schedule 1.11(b)Allocation Principles Schedule 2.1Organizational Status; Authorization Schedule 2.2(a)No Conflicts (Company) Schedule 2.2(b)Consents and Approvals (Company) Schedule 2.3(a)Capitalization Schedule 2.3(b)Agreements with Respect to the Membership Interests Schedule 2.3(c)Subsidiaries Schedule 2.4Financial Statements iii ​ 4855-0363-3265.v2 Schedule 2.5Absence of Undisclosed Liabilities Schedule 2.6(a)Facilities Schedule 2.6(b)Real Property Leases Schedule 2.6(c)Personal Property Leases Schedule 2.7Material Contracts Schedule 2.8(a)Employee Benefit Plans Schedule 2.8(j)Transaction Bonuses Schedule 2.9(a)Company’s Intellectual Property Schedule 2.9(c)Customized Software Schedule 2.10(a)(i)Compliance with Required Governmental Authorizations Schedule 2.10(a)(ii)Required Governmental Authorizations Schedule 2.10(b)Compliance with Laws Schedule 2.11Litigation Schedule 2.12Taxes Schedule 2.13Absence of Certain Changes Schedule 2.14Environmental Matters Schedule 2.15(a)(i)Company Employees Schedule 2.15(a)(ii)Company Individual Service Providers Schedule 2.15(a)(iii)Compliance with Laws Relating to Labor Schedule 2.15(e)Severance Arrangements Schedule 2.15(g)Work Authorization Schedule 2.16Brokers (Company) Schedule 2.17Insurance Schedule 2.18Title, Condition and Sufficiency of Assets Schedule 2.19Banking Facilities; Powers of Attorney Schedule 2.20(a)Accounts Receivable Schedule 2.20(b)Accounts Payable Schedule 2.20(c) Inventory Schedule 2.21Rebates Schedule 2.22Material Customers and Suppliers Schedule 2.23Affiliate Transactions Schedule 3.2(a)No Conflicts (Members) Schedule 3.2(b)Consents and Approvals (Members) Schedule 4.2No Conflicts; Consents and Approvals; No Violations 25 Approvals Schedule 4.6Brokers (Parent) Schedule 5.7(a)Accrued Bonuses Schedule 9.3Affiliate Services ​ EXHIBITS Exhibit ADefinitions Exhibit BForm of Transmittal Letter ​ iv ​ 4855-0363-3265.v2 ​ THIS MERGER AGREEMENT (this “Agreement”), dated as of June 30, 2023 (the “Closing Date”), is entered into by and among Xxxx Pumping Services, Inc., a Delaware corporation (“Parent”), RPC 123, LLC, a Delaware limited liability company (“Merger Sub”), Spinnaker Oilwell Services LLC, a Delaware limited liability company (the “Company”), and Catapult Energy Services Group, LLC, a Delaware limited liability company, solely in its capacity as the Members’ representative as set forth in forth in Section 4.5 Brokers10.17 (“Members’ Representative”) and in its capacity as Paying Agent. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 Section 5.1 Organization 26 Section 5.2 Authority 26 Section 5.3 Consents Each of the foregoing is referred to herein as a “Party” and Approvals; No Violations 26 Section 5.4 Brokers 26 Section 5.5 Financial Capability 26 Section 5.6 Anti-Money Laundering Compliance 27collectively are referred to as the “Parties.”

Appears in 1 contract

Samples: Merger Agreement (RPC Inc)

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 Section 3.1 3.01 Organization and Qualification 13 Section 3.2 Capitalization 13 Section 3.3 Financial Statements 14 Section 3.4 Material Contracts 15 Section 3.5 Absence of Certain Changes 17 Section 3.6 Litigation 17 Section 3.7 Compliance with Applicable Law 17 Section 3.8 Employee Plans 18 Section 3.9 Environmental Matters. 19 Section 3.10 Intellectual Property 20 Section 3.11 Labor Matters 20 Section 3.12 Insurance 21 Section 3.13 Tax Matters 21 Section 3.14 Brokers Good Standing 23 Section 3.15 Real Property3.02 Authorization; Personal Property 23 Section 3.16 Transactions with Affiliates Validity of Agreements 24 Section 3.17 Regulatory Matters. 24 Section 3.18 Exclusivity of Representations and Warranties 24 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 24 Section 4.1 Organization 25 Section 4.2 Authority 25 Section 4.3 Ownership of the Seller Interest. 25 Section 4.4 3.03 Consents and Approvals; No Violations 24 Section 3.04 Capitalization; Subsidiaries 25 Section 4.5 3.05 Financial Statements 27 Section 3.06 No Undisclosed Liabilities 28 Section 3.07 Absence of Certain Changes 28 Section 3.08 Real Property 28 Section 3.09 Proceedings; Orders 30 Section 3.10 Compliance with Laws; Permits 30 Section 3.11 Intellectual Property 32 Section 3.12 Material Contracts 34 Section 3.13 Insurance Coverage 38 Section 3.14 Environmental Matters 38 Section 3.15 Employee Benefit Plans 39 Section 3.16 Labor Matters 41 Section 3.17 Taxes 43 Section 3.18 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 ’ or Finders’ Fees 45 Section 5.1 Organization 26 3.19 Affiliate Transactions 45 Section 5.2 Authority 26 3.20 Title to Assets 45 Section 5.3 Consents 3.21 Customers and ApprovalsSuppliers 46 Section 3.22 Inventory 46 Section 3.23 Product Liability; Product Warranty 46 Section 3.24 Data Privacy; Cybersecurity 47 Section 3.25 No Violations 26 Section 5.4 Brokers 26 Section 5.5 Financial Capability 26 Section 5.6 Anti-Money Laundering Compliance 27Additional Representations 48

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Apogee Enterprises, Inc.)

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 10 Section 3.1 4.01 Organization and Qualification 13 10 Section 3.2 4.02 Authority; Binding Effect 11 Section 4.03 Ownership of Shares; Capitalization 13 11 Section 3.3 4.04 Financial Statements 14 Statements; No Undisclosed Liabilities 11 Section 3.4 Material Contracts 15 Section 3.5 4.05 Absence of Certain Changes 17 or Events 12 Section 3.6 Litigation 17 Section 3.7 Compliance with Applicable Law 17 Section 3.8 Employee Plans 18 Section 3.9 Environmental Matters. 19 Section 3.10 Intellectual Property 20 Section 3.11 Labor Matters 20 Section 3.12 Insurance 21 Section 3.13 Tax Matters 21 Section 3.14 Brokers 23 Section 3.15 Real Property; Personal Property 23 Section 3.16 Transactions with Affiliates 24 Section 3.17 Regulatory Matters. 24 Section 3.18 Exclusivity of Representations and Warranties 24 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 24 Section 4.1 Organization 25 Section 4.2 Authority 25 Section 4.3 Ownership of the Seller Interest. 25 Section 4.4 4.06 Consents and Approvals; No Violations 25 Violation 12 Section 4.5 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 4.07 Litigation 13 Section 5.1 Organization 26 4.08 Compliance with Laws 13 Section 5.2 Authority 26 4.09 Anti Money Laundering, Anti Corruption and Anti Bribery Laws 13 Section 5.3 Consents and Approvals4.10 Economic Sanctions 14 Section 4.11 Permits 14 Section 4.12 Employee Benefit Plans; No Violations 26 ERISA 14 Section 5.4 4.13 Labor Matters 15 Section 4.14 Material Contracts 17 Section 4.15 Environmental Matters 19 Section 4.16 Real Property 19 Section 4.17 Intellectual Property 20 Section 4.18 Taxes 21 Section 4.19 Insurance 23 Section 4.20 Sufficiency of Assets 23 Section 4.21 Affiliate Transactions 24 Section 4.22 Accounts Receivable; Accounts Payable 24 Section 4.23 Brokers 26 Section 5.5 Financial Capability 26 Section 5.6 Anti-Money Laundering Compliance 2724

Appears in 1 contract

Samples: Stock Purchase Agreement (Appfolio Inc)

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 Section 3.1 Organization and Organization; Qualification 13 6 Section 3.2 Capitalization 13 of the Company 7 Section 3.3 Financial Statements 14 No Subsidiaries 7 Section 3.4 Material Contracts 15 Section 3.5 Absence of Certain Changes 17 Section 3.6 Litigation 17 Section 3.7 Compliance with Applicable Law 17 Section 3.8 Employee Plans 18 Section 3.9 Environmental Matters. 19 Section 3.10 Intellectual Property 20 Section 3.11 Labor Matters 20 Section 3.12 Insurance 21 Section 3.13 Tax Matters 21 Section 3.14 Brokers 23 Section 3.15 Real Property; Personal Property 23 Section 3.16 Transactions with Affiliates 24 Section 3.17 Regulatory Matters. 24 Section 3.18 Exclusivity of Representations and Warranties 24 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 24 Section 4.1 Organization 25 Section 4.2 Authority 25 Section 4.3 Ownership of the Seller Interest. 25 Section 4.4 Consents and Approvals; No Violations 25 7 Section 4.5 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 Section 5.1 Organization 26 Section 5.2 Authority 26 Section 5.3 Consents and Approvals3.5 Financial Matters; No Violations 26 Undisclosed Liabilities; Indebtedness 7 Section 5.4 3.6 Absence of Certain Changes 8 Section 3.7 Compliance with Law 9 Section 3.8 Litigation 9 Section 3.9 Taxes 10 Section 3.10 Employee Benefit Plans; ERISA 11 Section 3.11 Labor 13 Section 3.12 Environmental Matters 14 Section 3.13 Real Property 15 ​ ​ ​ ​ ​ ​ ​ Section 3.14 Intellectual Property 15 Section 3.15 Assets 17 Section 3.16 Brokers 26 and Finders 17 Section 5.5 Financial Capability 26 3.17 Insurance 17 Section 5.6 Anti-Money Laundering 3.18 Material Contracts 18 Section 3.19 Transaction with Affiliates 19 Section 3.20 Regulatory Compliance 2719 Section 3.21 Product Liabilities and Warranties 20 Section 3.22 Bank Accounts 20 Section 3.23 No Other Representations or Warranties 20

Appears in 1 contract

Samples: Stock Purchase Agreement (EVgo Inc)

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 19 Section 3.1 Organization and Qualification 13 Section 3.2 Capitalization 13 Section 3.3 Financial Statements 14 Section 3.4 Material Contracts 15 Section 3.5 Absence 2.1. Organizational Status of Certain Changes 17 Section 3.6 Litigation 17 Section 3.7 Compliance with Applicable Law 17 Section 3.8 Employee Plans 18 Section 3.9 Environmental Mattersthe Company; Authorization. 19 Section 3.10 Intellectual Property 2.2. No Conflicts; Consents and Approvals. 20 Section 3.11 Labor Matters 20 Section 3.12 Insurance 2.3. Capitalization of the Company and its Subsidiary. 21 Section 3.13 Tax Matters 2.4. Financial Statements 21 Section 3.14 Brokers 23 2.5. Absence of Undisclosed Liabilities 21 Section 3.15 2.6. Real Property; Personal Property Leases. 22 Section 2.7. Contracts. 23 Section 3.16 Transactions with Affiliates 24 Section 3.17 Regulatory 2.8. Employee Benefit Matters. 24 Section 3.18 Exclusivity 2.9. Intellectual Property. 26 Section 2.10. Governmental Authorizations; Compliance with Law 28 Section 2.11. Litigation 28 Section 2.12. Taxes 28 Section 2.13. Absence of Representations Changes 29 Section 2.14. Environmental Matters 30 Section 2.15. Employment Matters 31 Section 2.16. No Brokers or Finders 32 Section 2.17. Insurance 32 Section 2.18. Title, Condition and Warranties 24 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 24 Sufficiency of Assets 32 Section 4.1 Organization 25 2.19. Related Party Transactions 33 Section 4.2 Authority 25 Section 4.3 Ownership 2.20. No Powers of the Seller Interest. 25 Section 4.4 Consents and Approvals; No Violations 25 Section 4.5 Brokers. 25 ARTICLE V Attorney 33 Article III REPRESENTATIONS AND WARRANTIES OF BUYER 26 33 Section 5.1 Organization 26 3.1. Organizational Status; Authority 33 Section 5.2 Authority 26 Section 5.3 3.2. No Conflicts; Consents and ApprovalsApprovals 34 Section 3.3. Litigation 35 Section 3.4. Purchase for Investment 35 Section 3.5. No Brokers or Finders 35 Section 3.6. HSR Act 35 Article IV COVENANTS OF PARTIES 35 Section 4.1. Consents 35 Section 4.2. Publicity 36 Section 4.3. Employee Benefits. 36 Section 4.4. Director and Officer Indemnification 37 Section 4.5. Post-Closing Procedures for Capital Interests Holders 38 Section 4.6. Post-Closing Procedures for Incentive Interests Holders 38 Article V INDEMNIFICATION 39 Section 5.1. Survival 39 Section 5.2. Indemnification of Buyer. 39 Section 5.3. Indemnification of Holders 41 Section 5.4. Procedure for Indemnification. 41 Section 5.5. Exclusive Remedies; Waiver of Certain Damages 42 Section 5.6. Independent Investigation; Waiver of Other Representations. 43 Section 5.7. Tax Treatment of Indemnity Payments 46 Section 5.8. Other Matters. 46 Article VI POST-CLOSING MATTERS 47 Section 6.1. Taxes 47 Section 6.2. Preservation of Books and Records 51 Section 6.3. Refunds 52 Article VII GENERAL PROVISIONS; MISCELLANEOUS 52 Section 7.1. Modification; Waiver 53 Section 7.2. Entire Agreement 53 Section 7.3. Expenses 53 Section 7.4. Further Actions 53 Section 7.5. Notices 53 Section 7.6. Assignment 55 Section 7.7. No Violations 26 Third Party Beneficiaries 55 Section 5.4 Brokers 26 7.8. Counterparts 55 Section 5.5 7.9. Rules of Construction. 55 Section 7.10. Governing Law; Jury Waiver 56 Section 7.11. Consent to Jurisdiction and Forum Selection 56 Section 7.12. Disclosure Schedules 56 Section 7.13. Specific Performance 57 Section 7.14. Holders Representative. 57 Section 7.15. Conflict Waiver; Attorney-Client Privilege. 60 SCHEDULES Schedule 1.7(a) CapEx Amount Schedule 1.9(a)(iii) Resignations Schedule 1.9(b)(v)(A) Closing Transaction Expense Payments Schedule 1.10(a) Working Capital Adjustments Schedule 1.12(e) Monthly Reports Schedule 2.2 Company: No Conflicts; Consents and Approvals Schedule 2.3(a) Capitalization Schedule 2.3(c) Agreements with Respect to the Membership Interests Schedule 2.4 Financial Capability 26 Section 5.6 Anti-Money Laundering Compliance 27Statements Schedule 2.5 Absence of Undisclosed Liabilities Schedule 2.6(b) Facilities; Real Property Leases Schedule 2.6(f) Personal Property Leases Schedule 2.7(a) Material Contracts Schedule 2.7(b) Material Contract Exceptions Schedule 2.7(c) Material Contracts Not Provided Schedule 2.8(a) Employee Benefit Plans Schedule 2.8(b) Employee Benefit Plan Exceptions

Appears in 1 contract

Samples: Merger Agreement (Forbes Energy Services Ltd.)

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 Section 3.1 Organization and Qualification 13 Organizational Status of the Company; Authorization 8 Section 3.2 Capitalization 13 No Conflicts; Consents and Approvals 8 Section 3.3 Financial Statements 14 Capitalization of the Company and its Subsidiaries 9 Section 3.4 Material Contracts 15 Financial Statements; Internal Controls 9 Section 3.5 Absence of Certain Undisclosed Liabilities 10 Section 3.6 Real Property 10 Section 3.7 Owned Personal Property 11 Section 3.8 Leased Personal Property 11 Section 3.9 Contracts 11 Section 3.10 Employee Benefit Matters 13 Section 3.11 Intellectual Property 15 Section 3.12 Governmental Authorizations; Compliance with Law 15 Section 3.13 Litigation 16 Section 3.14 Taxes 16 Section 3.15 Absence of Changes 17 Section 3.6 Litigation 3.16 Environmental Matters 17 Section 3.7 Compliance with Applicable Law 17 Section 3.8 Employee Plans 18 Section 3.9 Environmental Matters. 3.17 Employment Matters 19 Section 3.10 Intellectual Property 3.18 Brokers 20 Section 3.19 Bank Accounts and Powers of Attorney 20 Section 3.11 Labor Matters 3.20 Related Party Transactions 20 Section 3.12 3.21 Insurance 20 Section 3.22 Entire Business; Sufficiency of Assets 21 Section 3.13 Tax Matters 3.23 Inventories 21 Section 3.14 Brokers 23 3.24 Zoning 21 Section 3.15 Real Property; Personal Property 23 3.25 Material Customers and Suppliers 22 Section 3.16 Transactions with Affiliates 24 3.26 Accounts Receivables 22 Section 3.17 Regulatory Matters. 24 Section 3.18 Exclusivity of Representations and Warranties 24 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 24 Section 4.1 Organization 25 Section 4.2 Authority 25 Section 4.3 Ownership of the Seller Interest. 25 Section 4.4 Consents and Approvals; No Violations 25 Section 4.5 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 Section 5.1 Organization 26 Section 5.2 Authority 26 Section 5.3 Consents and Approvals; No Violations 26 Section 5.4 Brokers 26 Section 5.5 Financial Capability 26 Section 5.6 3.27 Anti-Money Laundering Compliance 27Corruption; Sanctions 22

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Vulcan Materials CO)

AutoNDA by SimpleDocs

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 21 Section 3.1 Organization 4.1 Existence, Qualification and Qualification 13 Power 21 Section 3.2 4.2 No Conflicts; Consents 22 Section 4.3 Capitalization 13 of Company and the Subsidiaries. 22 Section 3.3 4.4 Financial Statements 14 23 Section 3.4 Material Contracts 15 4.5 No Undisclosed Liabilities 23 Section 3.5 4.6 Absence of Certain Changes 17 24 Section 3.6 4.7 Litigation 17 24 Section 3.7 4.8 Bankruptcy 25 Section 4.9 Taxes 25 Section 4.10 Employees 26 Section 4.11 Employee Benefits 26 Section 4.12 Compliance with Applicable Law 17 Laws 27 Section 3.8 Employee Plans 18 4.13 Contracts. 27 Section 3.9 4.14 Outstanding Capital Commitments 27 Section 4.15 Environmental MattersMatters 27 Section 4.16 Intellectual Property. 19 28 Section 3.10 Intellectual Property 20 4.17 Insurance 28 Section 3.11 Labor Matters 20 Section 3.12 Insurance 21 Section 3.13 Tax Matters 21 Section 3.14 Brokers 23 Section 3.15 4.18 Real Property; Personal Property 23 Property. 29 Section 3.16 Transactions with Affiliates 24 4.19 Bank Accounts 30 Section 3.17 Regulatory Matters. 24 Section 3.18 Exclusivity of Representations 4.20 Books and Warranties 24 Records 30 ARTICLE IV 5 REPRESENTATIONS AND WARRANTIES OF SELLER 24 Section 4.1 Organization 25 Section 4.2 Authority 25 Section 4.3 Ownership of the Seller Interest. 25 Section 4.4 Consents and Approvals; No Violations 25 Section 4.5 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 PURCHASER 30 Section 5.1 Organization 26 Existence and Qualification 30 Section 5.2 Authority 26 Power 30 Section 5.3 Consents Authorization and Approvals; No Violations 26 Enforceability 30 Section 5.4 Brokers 26 No Conflicts; Consents 31 Section 5.5 Financial Capability 26 Defense Production Act 31 Section 5.6 AntiLitigation 31 Section 5.7 Bankruptcy 31 Section 5.8 Financing 31 Section 5.9 Investment Intent 32 Section 5.10 Independent Evaluation. 32 Section 5.11 Class A Purchase Agreement Representations 33 ARTICLE 6 DISCLAIMERS AND ACKNOWLEDGEMENTS 33 Section 6.1 General Disclaimers 33 Section 6.2 Environmental Disclaimers 34 Section 6.3 Changes in Prices 35 Section 6.4 Limited Duties 35 Section 6.5 Call Option Exercise; Purchase Price Calculation 35 ARTICLE 7 COVENANTS OF THE PARTIES 36 Section 7.1 Access. 36 Section 7.2 Operation of Business. 38 Section 7.3 Casualty and Condemnation 40 Section 7.4 Closing Efforts and Further Assurances; Non-Money Laundering Compliance 27Solicitation. 40 Section 7.5 Notifications 41 Section 7.6 Amendment of Disclosure Schedules 41 Section 7.7 Government Reviews. 42 Section 7.8 Liability for Brokers’ Fees 43 Section 7.9 Press Releases 43 Section 7.10 Expenses; Filings, Certain Governmental Approvals and Removal of Names 43 Section 7.11 Records 43 Section 7.12 Indemnification; Directors’ and Officers’ Insurance. 44 Section 7.13 Seller Employee Matters. 44 Section 7.14 Escrow Agreement 47 Section 7.15 Title Curative and Restoration Matters 47 Section 7.16 Class A Purchase Agreement 47 ARTICLE 8 CONDITIONS TO CLOSING 48 Section 8.1 Conditions of Seller to Closing 48 Section 8.2 Conditions of Purchaser to Closing 48 ARTICLE 9 CLOSING 49 Section 9.1 Time and Place of Closing 49 Section 9.2 Obligations of Seller at Closing 49 Section 9.3 Obligations of Purchaser at Closing 50 ARTICLE 10 TAX MATTERS 51 Section 10.1 Transfer Taxes 51 Section 10.2 Tax Returns. 51 Section 10.3 Straddle Period Taxes 52 Section 10.4 Cooperation 52 Section 10.5 Amended Returns 52 Section 10.6 Tax Refunds 53 Section 10.7 Section 754 Election 53 ARTICLE 11 TERMINATION 53 Section 11.1 Termination 53 Section 11.2 Effect of Termination. 54

Appears in 1 contract

Samples: Securities Purchase Agreement (Plains All American Pipeline Lp)

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 16 Section 3.1 Organization 5.01 Incorporation and Qualification 13 Authority of the Company 16 Section 3.2 Capitalization 13 5.02 Capital Structure of the Company; Ownership and Transfer of the Shares 17 Section 3.3 5.03 Financial Statements 14 Statements; Absence of Undisclosed Liabilities 18 Section 3.4 Material Contracts 15 Section 3.5 5.04 Absence of Certain Changes 17 19 Section 3.6 5.05 Absence of Litigation 17 19 Section 3.7 5.06 Compliance with Applicable Law 17 Laws 20 Section 3.8 Employee Plans 18 5.07 Governmental Licenses and Permits 20 Section 3.9 Environmental Matters. 19 Section 3.10 5.08 Intellectual Property 20 Section 3.11 Labor Matters 20 Section 3.12 Insurance 21 Section 3.13 5.09 Environmental Matters 22 Section 5.10 Material Contracts 22 Section 5.11 Affiliate Transactions 24 Section 5.12 Employee Benefits; Employees 24 Section 5.13 Insurance Issued by the Company 26 Section 5.14 Reinsurance 28 Section 5.15 Distributors and Brokers; Third-Party Administrators 29 Section 5.16 Investment Assets 29 Section 5.17 Insurance 30 Section 5.18 Property 30 Section 5.19 Taxes 30 Section 5.20 Insurance-Product-Related Tax Matters 21 31 Section 3.14 5.21 Actuarial Appraisal; Reserves 32 Section 5.22 Regulatory Filings 33 Section 5.23 Brokers 23 33 Section 3.15 Real Property5.24 IT Systems; Personal Property 23 Data Protection and Privacy 34 Section 3.16 Transactions with Affiliates 24 5.25 Sufficiency of Assets 35 Section 3.17 Regulatory Matters. 24 Section 3.18 Exclusivity of Representations and Warranties 24 ARTICLE IV 5.26 NO OTHER REPRESENTATIONS AND OR WARRANTIES OF SELLER 24 Section 4.1 Organization 25 Section 4.2 Authority 25 Section 4.3 Ownership of the Seller Interest. 25 Section 4.4 Consents and Approvals; No Violations 25 Section 4.5 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 Section 5.1 Organization 26 Section 5.2 Authority 26 Section 5.3 Consents and Approvals; No Violations 26 Section 5.4 Brokers 26 Section 5.5 Financial Capability 26 Section 5.6 Anti-Money Laundering Compliance 2735

Appears in 1 contract

Samples: Stock Purchase Agreement (United Fire Group Inc)

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES Section 4.1 Organization; Qualification 11 Section 4.2 Non-Contravention 12 Section 4.3 Governmental Approvals 12 Section 4.4 Capitalization 12 Section 4.5 Compliance with Law 13 Section 3.1 Organization 4.6 Title to and Qualification 13 Condition of Properties and Assets 14 Section 3.2 Capitalization 13 Section 3.3 4.7 Financial Statements 14 Section 3.4 Material Contracts 15 Section 3.5 Absence 4.8 Accounts Receivable and Accounts Payable 16 Section 4.9 Inventory 16 Section 4.10Absence of Certain Changes 17 Section 3.6 Litigation 4.11Environmental Matters 17 Section 3.7 Compliance with Applicable Law 17 Section 3.8 Employee Plans 4.12Material Contracts 18 Section 3.9 Environmental Matters. 19 Section 3.10 Intellectual Property 4.13Legal Proceedings 20 Section 3.11 4.14Permits 21 Section 4.15Taxes 21 Section 4.16Employee Benefits; Employment and Labor Matters 20 Section 3.12 Insurance 21 Section 3.13 Tax Matters 21 Section 3.14 Brokers 23 Section 3.15 Real 4.17Intellectual Property; Personal Property 23 IT and Data Security 26 Section 3.16 4.18Insurance 27 Section 4.19Bank Accounts 28 Section 4.20Affiliate Transactions with Affiliates 24 28 Section 3.17 Regulatory Matters. 24 4.21Customers and Vendors 28 Section 3.18 Exclusivity 4.22Product and Service Warranties and Liabilities 28 Section 4.23Exclusivity of Representations 29 Section 4.24Disclaimer of Additional and Implied Warranties 24 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 24 Section 4.1 Organization 25 Section 4.2 Authority 25 Section 4.3 Ownership of the Seller Interest. 25 Section 4.4 Consents and Approvals; No Violations 25 Section 4.5 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 Section 5.1 Organization 26 Section 5.2 Authority 26 Section 5.3 Consents and Approvals; No Violations 26 Section 5.4 Brokers 26 Section 5.5 Financial Capability 26 Section 5.6 Anti-Money Laundering Compliance 2729

Appears in 1 contract

Samples: Purchase and Sale Agreement

REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY. AND THE MUI SUBSIDIARIES 13 22 Section 3.1 Organization and Qualification 13 of the Company 23 Section 3.2 Capitalization 13 23 Section 3.3 Absence of Restrictions and Conflicts 24 Section 3.4 No Subsidiaries 24 Section 3.5 Financial Statements 14 24 Section 3.4 Material Contracts 15 3.6 Undisclosed Liabilities 25 Section 3.5 3.7 Absence of Certain Changes 17 Section 3.6 Litigation 17 Section 3.7 Compliance with Applicable Law 17 Changes, Events and Conditions 25 Section 3.8 Employee Plans 18 Material Contracts 27 Section 3.9 Environmental Matters. 19 Real Property 29 Section 3.10 Title to and Condition of Assets; Related Matters 30 Section 3.11 Inventory and Products 31 Section 3.12 Intellectual Property 20 Section 3.11 Labor Matters 20 Section 3.12 Insurance 21 31 Section 3.13 Tax Matters 21 Software 33 Section 3.14 Brokers 23 Section 3.15 Real Property; Personal Property 23 Section 3.16 Transactions with Affiliates 24 34 Section 3.15 Undisclosed Payments 35 Section 3.16 Customer and Supplier Relations 35 Section 3.17 Regulatory Matters. 24 Notes and Accounts Receivable 35 Section 3.18 Exclusivity of Representations and Warranties 24 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 24 Licenses 36 Section 4.1 Organization 25 3.19 Ethical Practices 36 Section 4.2 Authority 25 3.20 Insurance 36 Section 4.3 Ownership of the Seller Interest. 25 3.21 Warranty Claims 37 Section 4.4 Consents and Approvals3.22 Legal Proceedings; No Violations 25 Governmental Orders 38 Section 4.5 Brokers. 25 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 26 3.23 Compliance With Laws; Permits 38 Section 5.1 Organization 26 3.24 Environmental Matters 39 Section 5.2 Authority 26 3.25 Employees 41 Section 5.3 Consents and Approvals3.26 Employee Benefit Matters 42 Section 3.27 Employment Matters 44 Section 3.28 Taxes 44 Section 3.29 Privacy; No Violations 26 Data Security 45 Section 5.4 3.30 Brokers 26 46 Section 5.5 Financial Capability 26 Section 5.6 Anti-Money Laundering Compliance 273.31 Bank Accounts 46

Appears in 1 contract

Samples: Membership Interest Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!