Updating of Seller’s Representations on Closing. 9.3.1 The Seller warrants to the Purchaser that the Seller’s Representations shall be true and accurate as of the Closing Date, as if they had been repeated on such date, it being understood that:
Updating of Seller’s Representations on Closing Sample Clauses
Related to Updating of Seller’s Representations on Closing
Seller’s Representations Seller represents and warrants to Buyer as follows:
Buyer’s Representations Buyer represents and warrants to, and covenants with, Seller as follows:
Purchaser's Representations Purchaser represents and warrants to Seller as follows:
Buyer Representations Buyer represents and warrants to Seller as follows:
Seller Representations Seller hereby represents and warrants that:
SELLER'S REPRESENTATION AND AGREEMENTS (a) Seller represents and warrants as of this date that:
Survival of Seller’s Representations and Warranties The representation and warranty of Seller set forth in Section 5.1(a) shall survive Closing and shall be a continuing representation and warranty without limitation. All other representations and warranties of Seller set forth in Section 5.1, shall survive Closing for a period of one hundred eighty (180) days. No claim for a breach of any representation or warranty of Seller shall be actionable or payable (a) if the breach in question results from or is based on a condition, state of facts or other matter which was known to Purchaser prior to Closing, (b) unless the valid claims for all such breaches collectively aggregate more than Twenty Five Thousand Dollars ($25,000) (the "Floor"), in which event the full amount of such valid claims shall be actionable up to the cap set forth in the following sentence, and (c) unless written notice containing a description of the specific nature of such breach shall have been given by Purchaser to Seller prior to the expiration of said one hundred eighty (180) day period and an action shall have been commenced by Purchaser against Seller within two hundred twenty (220) days of Closing. Further Purchaser agrees that any recovery against Seller for any breach of Seller's covenants, agreements, representations and warranties hereunder or under any other agreement, document, certificate or instrument delivered by Seller to Purchaser, or under any law applicable to the Property or this transaction, shall be limited to Purchaser's actual damages not in excess of One Million and 00/100 Dollars ($1,000,000) in the aggregate and that in no event shall Purchaser be entitled to seek or obtain any other damages of any kind, including, without limitation, consequential, indirect or punitive damages. Notwithstanding anything to the contrary in the foregoing, the Floor and the cap will not apply to actual damages incurred by Purchaser to the extent such damage was caused by Seller's fraud.
Purchaser Representations In connection with the issuance and acquisition of Shares under this Restricted Stock Agreement, the Purchaser hereby represents and warrants to the Company as follows:
Depositor's Representations Depositor represents as follows:
The Adviser’s Representations The Adviser represents, warrants and agrees that:
