{"component": "clause", "props": {"groups": [{"snippet": "Sellers represent and warrant to Purchaser as follows:", "samples": [{"hash": "7TsSEEyOc61", "uri": "/contracts/7TsSEEyOc61#representations-and-warranties-by-sellers", "label": "Membership Interest Purchase Agreement (Adino Energy Corp)", "score": 19.8898015058, "published": true}, {"hash": "aGHTF0lKUpl", "uri": "/contracts/aGHTF0lKUpl#representations-and-warranties-by-sellers", "label": "Asset Purchase Agreement (Transworld Healthcare Inc)", "score": 18.0, "published": true}, {"hash": "goRD8jz7kIa", "uri": "/contracts/goRD8jz7kIa#representations-and-warranties-by-sellers", "label": "Purchase and Sale of Shares Agreement (Heartland, Inc.)", "score": 17.0, "published": true}], "size": 15, "snippet_links": [{"key": "to-purchaser", "type": "definition", "offset": [30, 42]}], "hash": "089240c3e65b1fa845662b9ea566ad76", "id": 1}, {"snippet": "Each Seller, jointly and severally with the other Sellers, represents and warrants to Buyer as follows:", "samples": [{"hash": "kUvNM2cOa9T", "uri": "/contracts/kUvNM2cOa9T#representations-and-warranties-by-sellers", "label": "Asset Purchase Agreement (STC Broadcasting Inc)", "score": 18.0, "published": true}, {"hash": "ggthFHknUkE", "uri": "/contracts/ggthFHknUkE#representations-and-warranties-by-sellers", "label": "Asset Purchase Agreement (Sinclair Broadcast Group Inc)", "score": 18.0, "published": true}], "size": 11, "snippet_links": [{"key": "each-seller", "type": "clause", "offset": [0, 11]}, {"key": "jointly-and-severally", "type": "clause", "offset": [13, 34]}, {"key": "other-sellers", "type": "definition", "offset": [44, 57]}, {"key": "to-buyer", "type": "definition", "offset": [83, 91]}], "hash": "3e7122f9b22242000e1a4ab21ca66579", "id": 2}, {"snippet": "Each Seller jointly and severally represents, warrants and covenants as follows:\n(a) The Sellers have all right, title and interest in and to the Options, subject to no lien, encumbrance or right of any other party.\n(b) The execution, delivery and performance of this Agreement by the Sellers does not conflict with, or constitute a default under, any agreement or instrument to which any Seller is a party or is bound.", "samples": [{"hash": "jASuk6lhoJy", "uri": "/contracts/jASuk6lhoJy#representations-and-warranties-by-sellers", "label": "Stock Option Purchase Agreement (Seibels Bruce Group Inc)", "score": 16.0, "published": true}, {"hash": "6HuTi8neAR1", "uri": "/contracts/6HuTi8neAR1#representations-and-warranties-by-sellers", "label": "Stock Option Purchase Agreement (High Ridge Capital LLC)", "score": 16.0, "published": true}, {"hash": "6GUWhzZEYtk", "uri": "/contracts/6GUWhzZEYtk#representations-and-warranties-by-sellers", "label": "Stock Option Purchase Agreement (High Ridge Capital LLC)", "score": 16.0, "published": true}], "size": 7, "snippet_links": [{"key": "each-seller", "type": "clause", "offset": [0, 11]}, {"key": "jointly-and-severally", "type": "clause", "offset": [12, 33]}, {"key": "warrants-and-covenants", "type": "clause", "offset": [46, 68]}, {"key": "title-and-interest", "type": "clause", "offset": [113, 131]}, {"key": "the-options", "type": "clause", "offset": [142, 153]}, {"key": "subject-to", "type": "definition", "offset": [155, 165]}, {"key": "no-lien", "type": "clause", "offset": [166, 173]}, {"key": "right-of", "type": "definition", "offset": [190, 198]}, {"key": "other-party", "type": "definition", "offset": [203, 214]}, {"key": "the-execution", "type": "clause", "offset": [220, 233]}, {"key": "performance-of-this-agreement", "type": "clause", "offset": [248, 277]}, {"key": "by-the-sellers", "type": "clause", "offset": [278, 292]}, {"key": "default-under", "type": "clause", "offset": [333, 346]}, {"key": "agreement-or", "type": "definition", "offset": [352, 364]}, {"key": "a-party", "type": "clause", "offset": [399, 406]}], "hash": "56a16102e896ac7770c679bddf98ca80", "id": 3}, {"snippet": "Each Seller, severally and not jointly, represents and warrants to Purchaser (which representations and warranties shall survive the Closing and the execution and delivery of the documentation to be executed and delivered at the Closing, to the extent provided below in this Section 3.1 and in Section 10.15) that:\n(a) Such Seller is a trust duly created and existing under the laws of the State of Texas. Such Seller has and will have as of the Closing Defensible Title (as defined in Section 5.2) to the Interests of such Seller; provided, however, as to that portion of the Interests of such Seller relating to South Timbalier Blocks 184 and 185 other than that acquired by H\u2587\u2587\u2587-\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Oil Company (\"HHOC\") from CNG Producing Company, such warranty is expressly limited to claims arising by, through or under such Seller or HHOC, Notwithstanding the preceding sentence or any other provision of this Agreement to the contrary, for purposes of Section 9.6 and otherwise subsequent to the Closing, such Seller warrants and agrees to defend title to the Interests of such Seller unto Purchaser, its successors, and permitted assigns against the lawful claims of all persons or entities claiming or to claim the same or any part thereof by, through or under such Seller, but not otherwise. Except as set forth in Schedule 3.1(a), all prior assignments of interests in any of the Leases or other Interests in the chain of title to the Interests of such Seller have been approved by the United States of America, Department of Interior, Minerals Management Service (the \"MMS\").\n(b) Such Seller has the full legal power, right and authority to carry on its business as presently conducted, to enter into this Agreement and to perform its obligations under this Agreement.\n(c) The execution, delivery and performance by such Seller of this Agreement and the documentation to be executed and delivered by such Seller at the Closing have been authorized by all necessary action on the part of such Seller. Execution, delivery and performance by such Seller of this Agreement do not, and execution, delivery and performance by such Seller of the documentation to be executed and delivered by such Seller at the Closing will not, and the consummation of the transactions contemplated by this Agreement will not, (i) violate or be in conflict with any (A) agreement, instrument, judgment, order, decree, law or regulation applicable to such Seller or the Interests of such Seller or (B) any provision of the trust agreement of any Seller or (ii) result in the creation of any lien or other encumbrance on the Interests of such Seller.\n(d) Subject to laws and equitable principles affecting the rights of creditors, this Agreement is and the documentation to be executed and delivered by such Seller at the Closing will be, upon execution and delivery thereof by all parties thereto, legal, valid and binding obligations of such Seller enforceable according to their respective terms.\n(e) No suit, arbitration, inquiry, proceeding, audit, claim, demand or investigation is pending or, to the knowledge of such Seller, threatened that might result in impairment or loss or diminution of the title of such Seller to the Interests of such Seller or otherwise adversely affect, in any material respect, any of the Interests of such Seller. There are no bankruptcy or reorganization proceedings pending or threatened against such Seller.\n(f) Except for the Assignments of Overriding Royalty Interest in favor of such Seller listed in Schedule 1-B, there are no contracts or agreements which burden or will burden or encumber or are otherwise material to the ownership of the Interests of such Seller.\n(g) Such Seller is timely receiving its share of proceeds from the sale of Substances produced from or allocable to the Leases without suspense, counterclaim or set-off.\n(h) Such Seller has incurred no liability for brokers' or finders' fees related to the transactions contemplated by this Agreement for which Purchaser shall be liable.\n(i) No consents or approvals of any third persons are required in connection with the transfer of the Interests of such Seller from such Seller to Purchaser and there are no preferential purchase rights applicable to the sale of the Interests of such Seller by such Seller to Purchaser pursuant to this Agreement.\n(j) During the period from the Effective Time to the date of execution of this Agreement, Such Seller has not waived, compromised or settled any claim that diminishes or adversely burdens any Interest of such Seller.\n(k) Such Seller is not a nonresident alien of the United States.\n(l) The shares of common stock of Purchaser, par value $0.01 per share (the \"Purchaser Common Stock\") representing the portion of the Stock Purchase Price allocable to such Seller to be acquired by such Seller pursuant to this Agreement are being acquired for the account of such Seller and without a view to distribution. Such Seller understands that the transfer of any of such shares of Purchaser Common Stock by such Seller has not been registered under the Securities Act of 1933 (the \"Securities Act\") or the securities laws of any state and that such Seller cannot offer, sell, transfer, pledge, hypothecate or otherwise dispose of any or all of such shares unless the transaction is subsequently registered under the Securities Act and the securities laws of relevant states or exemptions from such registrations are available. Such Seller further understands that the certificate or certificates representing such shares will bear a legend substantially as follows, and agrees to comply with such legend: \"THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION AND MAY NOT BE SOLD, OFFERED FOR SALE OR OTHERWISE TRANSFERRED UNLESS REGISTERED OR QUALIFIED UNDER SAID ACT AND APPLICABLE STATE SECURITIES LAWS OR UNLESS THE ISSUER RECEIVES AN OPINION OF COUNSEL (WHO MAY BE AN EMPLOYEE OF THE HOLDER) REASONABLY SATISFACTORY TO THE ISSUER THAT REGISTRATION, QUALIFICATION OR OTHER SUCH ACTIONS ARE NO REQUIRED UNDER SAID ACT. THE OFFERING OF THIS SECURITY HAS NOT BEEN REVIEWED OR APPROVED BY ANY STATE SECURITIES ADMINISTRATOR.\"\n(m) Such Seller has such knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of its investment in the Purchaser Common Stock, and such Seller is capable of bearing the economic risks of such investment. Each trustee of each Seller is an \"Accredited Investor\" within the meaning of Rule 501(a) of the Securities Act. 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"the-certificate", "type": "clause", "offset": [5493, 5508]}, {"key": "comply-with", "type": "clause", "offset": [5609, 5620]}, {"key": "as-amended", "type": "definition", "offset": [5707, 5717]}, {"key": "other-jurisdiction", "type": "definition", "offset": [5764, 5782]}, {"key": "offered-for-sale", "type": "definition", "offset": [5804, 5820]}, {"key": "state-securities-laws", "type": "definition", "offset": [5907, 5928]}, {"key": "the-issuer", "type": "clause", "offset": [5939, 5949]}, {"key": "opinion-of-counsel", "type": "definition", "offset": [5962, 5980]}, {"key": "an-employee", "type": "clause", "offset": [5993, 6004]}, {"key": "the-holder", "type": "clause", "offset": [6008, 6018]}, {"key": "the-offering", "type": "clause", "offset": [6145, 6157]}, {"key": "securities-administrator", "type": "definition", "offset": [6222, 6246]}, {"key": "knowledge-and-experience", "type": "clause", "offset": [6274, 6298]}, {"key": "business-matters", "type": "clause", "offset": [6316, 6332]}, {"key": "capable-of", "type": "definition", "offset": [6345, 6355]}, {"key": "the-purchaser-common-stock", "type": "clause", "offset": [6409, 6435]}, {"key": "economic-risks", "type": "clause", "offset": [6479, 6493]}, {"key": "accredited-investor", "type": "definition", "offset": [6549, 6568]}, {"key": "meaning-of", "type": "clause", "offset": [6581, 6591]}], "hash": "f9b8ae2950fa006441e3fc94cdd20fc0", "id": 4}, {"snippet": "Sellers (which as to each particular Location shall include SCI and the designated Subsidiary Owner thereof, jointly and severally) hereby represent and warrant to Buyer, both as of the date hereof and as of the Effective Time, as follows:", "samples": [{"hash": "1aqPQNjMVQE", "uri": "/contracts/1aqPQNjMVQE#representations-and-warranties-by-sellers", "label": "Asset Purchase and Sale Agreement", "score": 31.340862423, "published": true}, {"hash": "bdeZXhUan44", "uri": "/contracts/bdeZXhUan44#representations-and-warranties-by-sellers", "label": "Asset 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Agreement and, upon consummation of this Agreement, Purchaser will acquire good and marketable title to such shares, free and clear of all liens, security interests or other covenants or agreements, other than encumbrances resulting from actions of Purchaser.", "samples": [{"hash": "hXuJ3UfNbah", "uri": "/contracts/hXuJ3UfNbah#representations-and-warranties-by-sellers", "label": "Put and Call Agreement (Childrens Broadcasting Corp)", "score": 16.0, "published": true}, {"hash": "26l8SsIGcI0", "uri": "/contracts/26l8SsIGcI0#representations-and-warranties-by-sellers", "label": "Put and Call Agreement (Childrens Broadcasting Corp)", "score": 16.0, "published": true}], "size": 2, "snippet_links": [{"key": "the-attorney", "type": "clause", "offset": [47, 59]}, {"key": "beneficial-owners", "type": "definition", "offset": [76, 93]}, {"key": "the-shares", "type": "clause", "offset": [97, 107]}, {"key": "beneficial-interest", "type": "definition", "offset": [129, 148]}, {"key": "title-to", 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