REPRESENTATIONS AND WARRANTIES OF THE TARGET AND THE SHAREHOLDERS. The Target and the Shareholders hereby, jointly and severally, represent and warrant to the Parent that the following representations and warranties are, as of the date hereof, and will be, as of the Closing Date, true and correct. The Disclosure Schedules delivered in connection with this Agreement contain clear and explicit exceptions to the following representations and warranties and are arranged in paragraphs corresponding to the numbered and lettered paragraphs contained in this Article V. The disclosure in the Disclosure Schedules in any paragraph shall qualify other paragraphs in this Article V only to the extent that it is through appropriate and explicit cross-referencing that it also qualifies or applies to such other paragraphs.
REPRESENTATIONS AND WARRANTIES OF THE TARGET AND THE SHAREHOLDERS. The Target and the Shareholder, jointly and severally, represent and warrant to the Acquiror and the Subsidiary with the knowledge that the Acquiror and the Subsidiary are relying on such representations and warranties in entering into this Agreement, and that the statements contained in this Article III are true, complete, and correct as of the date of this Agreement.
