REPRESENTATIONS AND WARRANTIES OF SELLER AND PARTNERS. Seller and the General Partners, jointly and severally, represent and warrant to Purchaser as of the date hereof and as of the Closing on the Closing Date each of the following:
REPRESENTATIONS AND WARRANTIES OF SELLER AND PARTNERS. Seller and the Partners, jointly and severally, represent and warrant to Buyer as follows:
REPRESENTATIONS AND WARRANTIES OF SELLER AND PARTNERS. The Seller and each of the Partners represent and warrant to the Purchaser as follows, such representations and warranties being several as to the Partners in proportion to their equity interests in Seller as set forth on Schedule 3.0 hereto, except that (1) the representations and warranties of the HD-Related Partners (as identified on Schedule 3.0) are joint and several as to their aggregate equity interest in Seller; (2) except that representations and warranties in Section 3.2 relating to Phemus, Xxxxxxx, Xxxxx, Xxxxxxxx and Xxxxxxx are made only by each such person separately, and (3) the representations and warranties in
REPRESENTATIONS AND WARRANTIES OF SELLER AND PARTNERS. In order to induce the Buyer to enter into this Agreement and to consummate the transactions contemplated hereunder, the Seller and Partners hereby make the following representations, warranties, covenants and agreements:
REPRESENTATIONS AND WARRANTIES OF SELLER AND PARTNERS. 6 Section_5.1 Organization and Good Standing; Qualification . . . . . . . . . . . . . . . . . . . . . . . . 6 Section_5.2 Authorization and Validity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Section_5.3 Title to Purchased Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Section_5.4 Condition of Tangible Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Section_5.5 Consents and Approvals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Section_5.6
REPRESENTATIONS AND WARRANTIES OF SELLER AND PARTNERS. As an inducement to APP and to Buyer to enter into this Agreement, LXL and each Partner represent and warrant to APP and to Buyer as of the Closing Date as follows:
REPRESENTATIONS AND WARRANTIES OF SELLER AND PARTNERS. 9 3.1 Organization and Good Standing; Governing Documents....................................9 --------------------------------------------------- 3.2 Authority..............................................................................9 --------- 3.3 No Conflict or Breach.................................................................10 --------------------- 3.4 Consents and Approvals................................................................10 ---------------------- 3.5 Financial Statements..................................................................10 -------------------- 3.6 Books and Records.....................................................................11 ----------------- 3.7 Title to and Sufficiency of Assets....................................................11 ---------------------------------- 3.8 Real Property.........................................................................11 ------------- (a) Owned........................................................................11 (b) Leased.......................................................................12 (c) Improvements; Zoning.........................................................12 3.9
