Common use of Representations, Warranties and Covenants of the Optionee Clause in Contracts

Representations, Warranties and Covenants of the Optionee. All representations and warranties made in this Agreement by the Optionee shall be true and correct in all respects on the date when made and on and as of the date of the Effective Time (the “Closing Date”) with the same effect as if made on and as of the Closing Date, and the Optionee shall have performed or complied in all respects with all covenants and agreements to be performed by the Optionee under this Agreement at or prior to the Closing Date.