Fundamental Reps definition

Fundamental Reps shall have the meaning set forth in Section 7.1.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Fundamental Reps has the meaning set forth in Section 8.1.

Fundamental Reps means the representations and warranties set forth in Section 3.1 (Corporate Status), Section 3.2 (Authority), Section 3.4 (No Broker), Section 3.6 (Title to the Purchased Assets), Section 4.1 (Corporate Status), Section 4.2 (Authority) and Section 4.4 (No Broker).

Examples of Fundamental Reps in a sentence

The Fundamental Reps made by Purchaser in this Agreement are true and correct in all material respects.
In the case of any inaccuracy or breach of any Company Fundamental Reps or Purchaser Fundamental Reps, the cumulative indemnification obligation of (x) the Company under Section 4.7(a) shall in no event exceed the Investment Amount and (y) Purchaser under Section 4.7(b) shall in no event exceed the Investment Amount.
Except in the case of any inaccuracy or breach of any Company Fundamental Reps or Purchaser Fundamental Reps, the cumulative indemnification obligation of (x) the Company under Section 4.7(a) shall in no event exceed 10% of the Investment Amount and (y) Purchaser under Section 4.7(b) shall in no event exceed 10% of the Investment Amount.
A claim with respect to the Fundamental Reps may be made by Purchaser at any time [***].
The representations and warranties (other than the Fundamental Reps) made by Purchaser in this Agreement are true and correct, except for the failure or failures of such representations and warranties to be so true and correct that (after excluding any effect of materiality or Purchaser Material Adverse Effect qualifications set forth in any such representation or warranty) have not had and would not reasonably be expected to have, individually or in the aggregate, a Purchaser Material Adverse Effect.

More Definitions of Fundamental Reps

Fundamental Reps means the representations and warranties of the Company contained in Section 3.01, Section 3.02, Section 3.03, Section 3.04(a), Section 3.05 and Section 3.14.

Fundamental Reps has the meaning set forth in Section 9.2(a) hereof.

Fundamental Reps for purposes of the Omnibus Agreement):

Fundamental Reps has the meaning ascribed to such term in Section 6.1.

Fundamental Reps means those representations and warranties set forth in each of Section 3.01 (Corporate Existence and Power), Section 3.02 (Corporate Authorization), Section 3.04 (Brokers), Section 4.01 (Corporate Existence and Power), Section 4.02 (Corporate Authorization), Section 4.09(a) (Assets), Section 4.16(a) (Capitalization), Section 4.19 (Indebtedness), Section 4.20 (Brokers), Section 4.22 (Special Representations Regarding Newco) and Section 4.23 (Special Representations Regarding Colorado JV).

Fundamental Reps means the representations and warranties under Sections 3.1, 3.2(a), 4.1 and 4.2.”

Fundamental Reps has the meaning set forth in Section 5.4(a).