Representations and Warranties of Gray. Xxxx represents and warrants to the Company that now and as of the Closing:
Representations and Warranties of Gray. (a) Gray represents and warrants that immediately following the Xxxxratiox, XCM shall have all of the assets (tangible and intangible) necessary for the conduct of the Newspaper Publishing Business and Graylink Wireless Business in the manner in which it was conducted by Gray on the date of this Agreement and as such businesses are proposex xx be conducted by TCM following the Distribution, except for the assets referred to in Section 1.2.
