REPRESENTATIONS AND WARRANTIES RE: SUBJECT SECURITIES Sample Clauses

REPRESENTATIONS AND WARRANTIES RE: SUBJECT SECURITIES. For purposes of this Schedule 1 and the representations and warranties set forth herein, a breach of a representation or warranty shall be deemed to have been cured with respect to a Subject Security if and when the related Seller has taken or caused to be taken action such that the event, circumstance or condition that gave rise to such breach no longer adversely affects such Subject Security. With respect to those representations and warranties which are made to the Knowledge of the Sellers, if it is discovered by the related Seller or the Buyer that the substance of such representation and warranty is inaccurate, notwithstanding such Seller's lack of knowledge with respect to the substance of such representation and warranty, such inaccuracy shall be deemed a breach of the applicable representation and warranty. Each Seller represents and warrants to the Buyer, with respect to each Subject Security, that as of the Purchase Date for the purchase of any Equity Interest by the Buyer from the related Seller and as of the date of this Repurchase Agreement and the Transaction hereunder and at all times while the Repurchase Documents and the Transaction hereunder is in full force and effect, the following:
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