Common use of Representations, Warranties and Performance Clause in Contracts

Representations, Warranties and Performance. (i) All representations and warranties of Buyer contained in this Agreement shall be true in all material respects at and as of the Closing, with the same force and effect as though such representations and warranties had been made or given on and as of the Closing Date; provided, however, that any such representation or warranty that is qualified by materiality shall be true and correct in all respects, and (ii) Buyer shall have performed and satisfied, in all material respects, all agreements required by this Agreement to be performed and satisfied by Buyer at or prior to the Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Reef Global Energy VII, L.P.), Purchase and Sale Agreement (Reef Global Energy VIII, L.P.)

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Representations, Warranties and Performance. (i) All representations and warranties of Buyer Seller contained in this Agreement shall be true in all material respects at and as of the Closing, with the same force and effect as though such representations and warranties had been made or given on and as of the Closing Date; provided, however, that any such representation or warranty that is qualified by materiality shall be true and correct in all respects, and (ii) Buyer Seller shall have performed and satisfied, in all material respects, all agreements required by this Agreement to be performed and satisfied by Buyer Seller at or prior to the Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Reef Global Energy VII, L.P.), Purchase and Sale Agreement (Reef Global Energy VIII, L.P.)

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