REPRESENTATIONS AND WARRANTIES OF JJMA AND SELLER. Each of the representations and warranties set forth below in this Section 3 is made subject to the disclosures and exceptions set forth on the corresponding section of the JJMA Disclosure Schedules. Except for the representations and warranties set forth in Sections 3.01, 3.02, 3.03, 3.04, 3.05, 3.12, 3.24, and 3.36 the term “JJMA” in this Article 3 shall be deemed to mean JJMA and each of its Subsidiaries. JJMA and each of the SAR/Option Holders hereby jointly and severally represent and warrant to Buyer that the statements contained in Section 3, other than those identified in the following sentence, are correct and complete as of the date of this Agreement and will be correct and complete as of the Closing Date. The Seller hereby represents and warrants to Buyer that the statements regarding Seller contained in Sections 3.02(d)-(f), 3.03, 3.09, 3.10(b), 3.12(b), 3.14(b), 3.15(d)-(e), 3.25, 3.26(a), 3.27, 3.30(b) and 3.36 are correct and complete as of the date of this Agreement and will be correct and complete as of the Closing Date.
