REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. Sovereign hereby represents and warrants to Bankers that Sovereign has full corporate power and authority to execute, deliver and perform this Stock Option Agreement and all corporate action necessary for execution, delivery and performance of this Stock Option Agreement has been duly taken by Sovereign. This Stock Option Agreement constitutes a legal, valid and binding obligation of Sovereign, enforceable against Sovereign in accordance with its terms (except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and similar laws of general applicability relating to or affecting creditors' rights or by general equity principles).
REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. Sovereign hereby represents and warrants to First Essex that, except as set forth in the Sovereign Disclosure Schedule delivered by Sovereign to First Essex on or prior to the date hereof:
REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. Sovereign hereby represents and warrants to Bankers that, except as set forth in the Sovereign Disclosure Schedule delivered by Sovereign to Bankers on or prior to the date hereof:
REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. Sovereign hereby represents and warrants to ML that, except as set forth in the Sovereign Disclosure Schedule delivered by Sovereign to ML on or prior to the date hereof:
REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. As a material inducement to the Company to enter into this Agreement and to consummate the transactions contemplated hereby, Sovereign hereby represents and warrants to the Company as follows (references to Sovereign in this Article IV shall mean, where appropriate and where the context permits, Sovereign and its subsidiaries):
REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. Sovereign hereby represents and warrants to the Company as follows:
REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. 31 Section 3.01 Organization.................................................................................31 Section 3.02 Capital Structure............................................................................32 Section 3.03 Authority; No Violation......................................................................32 Section 3.04 Consents.....................................................................................33 Section 3.05 Financial Statements.........................................................................34 Section 3.06 Taxes........................................................................................34 Section 3.07 No Material Adverse Effect...................................................................35 Section 3.08 Ownership of Property; Insurance Coverage....................................................35 Section 3.09
REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. Sovereign hereby ------------------------------------------- represents and warrants to Peoples that Sovereign has the requisite corporate power and authority to execute, deliver and perform this Stock Option Agreement and all corporate action necessary for execution, delivery and performance of this Stock Option Agreement has been duly taken by Sovereign. This Stock Option Agreement constitutes a legal, valid and binding obligation of Sovereign, enforceable against Sovereign in accordance with its terms (except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and similar laws of general applicability relating to or affecting creditors' rights or by general equity principles). Sovereign or its assignee agrees to execute a standard investment representation letter with respect to its acquisition of any Peoples securities acquired in connection with this transaction.
REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. Sovereign hereby represents and warrants to Seacoast that on the date hereof:
REPRESENTATIONS AND WARRANTIES OF SOVEREIGN. Sovereign hereby represents and warrants to Carnegie that, except as set forth in the Sovereign Disclosure Schedule delivered by Sovereign to Carnegie on or prior to the date hereof:
