REPRESENTATIONS, WARRANTIES AND FURTHER COVENANTS OF MIDLAND Sample Clauses

REPRESENTATIONS, WARRANTIES AND FURTHER COVENANTS OF MIDLAND. The representations and warranties contained in this Article 6 are made as of the date of this Agreement. Except as specifically provided, all representations and warranties contained in this Article 6 are several and not joint and several; provided, however, that the representations of Midland Development shall also be made jointly and severally by the Midland Principals. The survival of and liability for the representations and warranties contained in this Article 6 after the First Closing Date shall be governed solely by Article 13 (Indemnification) hereof and the remedies set forth in Article 13 shall be the sole remedies after the First Closing Date for any breach of such representations and warranties. All representations that are made "to the knowledge of the Midland Principals" means to the actual knowledge of such individuals after reasonable inquiry. All representations that are made "to the knowledge of Midland Development" means to the actual knowledge of the individuals listed on Schedule 6 after reasonable inquiry. All representations that are made "to the knowledge of the Property Entity" means to the actual knowledge of individuals for such Property Entity listed in Schedule 6 after reasonable inquiry. All representations that are made "to knowledge of the Midland Affiliate" means to the knowledge of the individuals for such Midland Affiliate listed on Schedule 6 after reasonable inquiry. All representations that are made "to the knowledge of the Property Owner" means to the actual knowledge of the individuals for such Property Owners listed on Schedule 6 after reasonable inquiry. The Midland Principals, each Midland Affiliate (as to the individuals shown on Schedule 6 with respect to such Midland Affiliate) and each Property Entity (as to the individuals shown on Schedule 6 with respect to such Property Entity) represent that such individuals are the appropriate individuals who, in the course of their duties, would normally be aware of material issues and facts affecting the Properties, the Option Properties, the Midland Affiliates, the Property Entities and the Joint Ventures and that such individuals have made reasonable inquiry to have a reasonable basis for the matters represented.
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Related to REPRESENTATIONS, WARRANTIES AND FURTHER COVENANTS OF MIDLAND

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