Common use of Representations and Warranties Regarding Clause in Contracts

Representations and Warranties Regarding. EACH SUBJECT COMPANY 75 Section 5.1 Existence and Qualification 75 Section 5.2 Power 75 Section 5.3 Authorization and Enforceability 76 Section 5.4 No Conflicts 76 Section 5.5 Capitalization 76 Section 5.6 Financial Statements 78 Section 5.7 No Undisclosed Liabilities 79 Section 5.8 Litigation 79 Section 5.9 Bankruptcy 80 TABLE OF CONTENTS (continued) Page Section 5.10 Taxes 80 Section 5.11 Labor and Employee Benefits 82 Section 5.12 Compliance with Laws 83 Section 5.13 Material Contracts 84 Section 5.14 Outstanding Capital Commitments 84 Section 5.15 Consents; Preferential Rights 85 Section 5.16 Xxxxx 85 Section 5.17 Environmental 85 Section 5.18 Royalties and Working Interest Payments 86 Section 5.19 Imbalances 86 Section 5.20 Advance Payments 87 Section 5.21 Certain Real Property Interests 87 Section 5.22 Casualty Loss and Condemnation 87 Section 5.23 Insurance 88 Section 5.24 Bank Accounts; Officers; Powers of Attorney 88 Section 5.25 Books and Records 88 Section 5.26 Suspense Funds 88 Section 5.27 Absence of Certain Changes 89 Section 5.28 Permits 89 Section 5.29 Credit Support 89 Section 5.30 Payout Balances 89 Section 5.31 Non-Consent Operations 89 Section 5.32 Personal Property 89 Section 5.33 Intellectual Property 89 Section 5.34 Surface Use 90 Section 5.35 Lease Status 90 Section 5.36 Regulatory 91 Section 5.37 Special Warranty of Title 91 Section 5.38 No Transfer 91 Section 5.39 Lease Operating Statements 91 Section 5.40 No Other Business or Assets 91 Section 5.41 Water Midstream Systems 92 Section 5.42 Anti-Money Laundering Laws 92 Section 5.43 Affiliate Arrangements 92 Section 5.44 Cyber Security and Privacy 93 Section 5.45 Specified Matters 93

Appears in 1 contract

Samples: Securities Purchase Agreement (Ovintiv Inc.)

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Representations and Warranties Regarding. EACH SUBJECT COMPANY 75 THE ACQUIRED COMPANIES 8 Section 5.1 Existence and Qualification 75 Organization 8 Section 5.2 Power 75 Capitalization 8 Section 5.3 Authorization No Violation or Breach; Consents and Enforceability 76 Approval 9 Section 5.4 No Conflicts 76 Business 9 Section 5.5 Capitalization 76 Bank Accounts 10 Section 5.6 Financial Statements 78 Legal Proceedings 10 Section 5.7 No Undisclosed Liabilities 79 Section 5.8 Litigation 79 Section 5.9 Bankruptcy 80 TABLE OF CONTENTS (continued) Page Section 5.10 Taxes 80 Section 5.11 Labor and Employee Benefits 82 Section 5.12 Compliance with Laws 83 and Orders 10 Section 5.8 Liabilities 10 Section 5.9 Taxes 10 Section 5.10 Regulatory Status 11 Section 5.11 Contracts 11 Section 5.12 Real Property 13 Section 5.13 Material Contracts 84 Permits 14 Section 5.14 Outstanding Capital Commitments 84 Environmental Matters 15 Section 5.15 Consents; Preferential Rights 85 Intellectual Property 16 Section 5.16 Xxxxx 85 Brokers 16 Section 5.17 Environmental 85 Employee Matters 16 Section 5.18 Royalties and Working Interest Payments 86 Employee Benefits 16 Section 5.19 Imbalances 86 Financial Statements 16 Section 5.20 Advance Payments 87 Section 5.21 Certain Real Property Interests 87 Section 5.22 Casualty Loss and Condemnation 87 Section 5.23 Insurance 88 Section 5.24 Bank Accounts; Officers; Powers of Attorney 88 Section 5.25 Books and Records 88 Section 5.26 Suspense Funds 88 Section 5.27 Absence of Certain Changes 89 16 Section 5.28 Permits 89 5.21 Insurance 17 Section 5.29 Credit Support 89 5.22 Projections 17 Section 5.30 Payout Balances 89 5.23 Additional Representations and Warranties 17 RTICLE VI REPRESENTATIONS AND WARRANTIES OF PURCHASER 17 Section 5.31 Non-Consent Operations 89 6.1 Organization 17 Section 5.32 Personal Property 89 6.2 Authority 17 Section 5.33 Intellectual Property 89 6.3 No Violation or Breach; Consents and Approvals 17 Section 5.34 Surface Use 90 6.4 Brokers 18 Section 5.35 Lease Status 90 6.5 Acquisition as Investment 18 Section 5.36 Regulatory 91 Section 5.37 Special Warranty of Title 91 Section 5.38 No Transfer 91 Section 5.39 Lease Operating Statements 91 Section 5.40 6.6 Opportunity for Independent Investigation; No Other Business or Assets 91 Representations 18 Section 5.41 Water Midstream Systems 92 6.7 Legal Proceedings 18 Section 5.42 Anti6.8 Compliance with Laws and Orders 18 Section 6.9 Additional Representations and Warranties 19 RTICLE VII COVENANTS AND AGREEMENTS 19 Section 7.1 Regulatory and Other Approvals 19 Section 7.2 Access of Purchaser 19 Section 7.3 Certain Restrictions 20 Section 7.4 Spare Parts 22 Section 7.5 Casualty 22 Section 7.6 Condemnation 22 Section 7.7 Updating 23 Section 7.8 Announcements 23 Section 7.9 Post-Money Laundering Laws 92 Closing Books and Records 24 Section 5.43 Affiliate Arrangements 92 7.10 Further Assurances 24 Section 5.44 Cyber Security 7.11 Distributions 24 Section 7.12 Excluded Items 24 Section 7.13 Additional Covenants 25 A A ARTICLE VIII TERMINATION 25 Section 8.1 Termination of Agreement 25 Section 8.2 Effect of Termination 25 ARTICLE IX TAXES 26 Section 9.1 Transfer Taxes 26 Section 9.2 Tax Matters 26 Section 9.3 Treatment of Payments 29 ARTICLE X INDEMNIFICATION, LIMITATIONS OF LIABILITY AND WAIVERS 29 Section 10.1 Indemnification. 29 Section 10.2 Limitations of Liability. 30 Section 10.3 Notice; Duty to Mitigate. 31 Section 10.4 Indirect Claims 32 Section 10.5 Waiver of Other Representations 32 Section 10.6 Environmental Waiver and Privacy 93 Release 33 Section 5.45 Specified Matters 9310.7 Waiver of Remedies. 33 Section 10.8 Indemnification Procedures. 34 Section 10.9 Access to Information 35 ARTICLE XI CONFIDENTIALITY 36 Section 11.1 Pre-Closing Confidential Information 36

Appears in 1 contract

Samples: Purchase and Sale Agreement

Representations and Warranties Regarding. EACH SUBJECT THE COMPANY 75 Section 5.1 Existence GROUP AND THE BUSINESS 50 4.1 Organization and Qualification 75 Section 5.2 Power 75 Section 5.3 Good Standing 50 4.2 Authorization of Agreement 50 4.3 Capitalization 51 4.4 Subsidiaries 51 4.5 Conflicts and Enforceability 76 Section 5.4 No Conflicts 76 Section 5.5 Capitalization 76 Section 5.6 Consents 51 4.6 Financial Statements 78 Section 5.7 No 52 4.7 Undisclosed Liabilities 79 Section 5.8 Litigation 79 Section 5.9 Bankruptcy 80 Liabilities. 53 4.8 Absence of Certain Developments 53 4.9 Taxes 53 4.10 Real Property 55 4.11 Title to Purchased Assets 56 4.12 Intellectual Property Rights 56 4.13 Material Contracts 57 4.14 Employee Benefits Plans 58 4.15 Labor 61 TABLE OF CONTENTS (continued) Page Section 5.10 Taxes 80 Section 5.11 Labor 4.16 Litigation 61 4.17 Compliance with Laws; Permits 61 4.18 Sufficiency of Assets 66 4.19 Insurance 66 4.20 No Other Representations or Warranties; Schedules 66 ARTICLE V REPRESENTATIONS AND WARRANTIES REGARDING THE SELLER 67 5.1 Organization and Good Standing 67 5.2 Authorization of Agreement 67 5.3 Ownership of the Interests 67 5.4 Conflicts and Consents 67 5.5 Litigation 68 5.6 Financial Advisors 68 ARTICLE VI REPRESENTATIONS AND WARRANTIES OF THE PURCHASER 68 6.1 Organization and Good Standing 68 6.2 Authorization of Agreement 68 6.3 Conflicts and Consents 69 6.4 Litigation 69 6.5 Investment Intention 69 6.6 Financial Advisors 70 6.7 Guarantees. 70 6.8 Arrangement with Portfolio Managers 70 6.9 Acknowledgement 70 ARTICLE VII COVENANTS 71 7.1 Access to Information 71 7.2 Conduct of the Business Pending the Closing 72 7.3 Preservation of Back Office Support 74 7.4 Consents 74 7.5 Regulatory Approvals 75 7.6 Further Assurances; Etc 76 7.7 Preservation of Records 77 7.8 Publicity 77 7.9 Employee Benefits 82 77 7.10 Tax Matters 81 7.11 [Reserved] 84 7.12 Client Brokerage Consents 84 7.13 Client Investment Advisory Consents 85 7.14 Public Fund Investment Advisory Consents 86 7.15 Section 5.12 Compliance with Laws 83 Section 5.13 Material Contracts 84 Section 5.14 Outstanding Capital Commitments 84 Section 5.15 Consents; Preferential Rights 85 Section 5.16 Xxxxx 85 Section 5.17 Environmental 85 Section 5.18 Royalties and Working Interest Payments 86 Section 5.19 Imbalances 86 Section 5.20 Advance Payments 15 of the Investment Company Act 87 Section 5.21 Certain TABLE OF CONTENTS (continued) Page 7.16 Administration 88 7.17 Qualification of the Public Funds 88 7.18 [Reserved]. 89 7.19 Real Property Interests 87 Section 5.22 Casualty Loss and Condemnation 87 Section 5.23 Insurance 88 Section 5.24 Bank Accounts; Officers; Powers of Attorney 88 Section 5.25 Books and Records 88 Section 5.26 Suspense Funds 88 Section 5.27 Absence of Certain Changes Leases. 89 Section 5.28 Permits 89 Section 5.29 Credit Support 89 Section 5.30 Payout Balances 89 Section 5.31 Non-Consent Operations 89 Section 5.32 Personal Property 89 Section 5.33 Intellectual Property 89 Section 5.34 Surface Use 7.20 Competing Transaction 90 Section 5.35 Lease Status 90 Section 5.36 Regulatory 91 Section 5.37 Special Warranty of Title 91 Section 5.38 No Transfer 91 Section 5.39 Lease Operating Statements 91 Section 5.40 No Other Business or Assets 91 Section 5.41 Water Midstream Systems 92 Section 5.42 Anti-Money Laundering Laws 92 Section 5.43 Affiliate Arrangements 92 Section 5.44 Cyber Security and Privacy 93 Section 5.45 Specified Matters 937.21 [Reserved] 90

Appears in 1 contract

Samples: Purchase Agreement

Representations and Warranties Regarding. EACH SUBJECT COMPANY 75 THE ACQUIRED ENTITIES 6 Section 5.1 Existence 4.1 Organization, Standing and Qualification 75 Corporate Power 6 Section 5.2 Power 75 4.2 Capitalization of International and the Subsidiaries 7 Section 5.3 Authorization and Enforceability 76 4.3 Noncontravention 8 Section 5.4 No Conflicts 76 Section 5.5 Capitalization 76 Section 5.6 4.4 Financial Statements 78 8 Section 5.7 No 4.5 Undisclosed Liabilities 79 9 Section 5.8 Litigation 79 4.6 Absence of Certain Changes 9 Section 5.9 Bankruptcy 80 TABLE OF CONTENTS (continued) Page 4.7 Legal Proceedings 10 Section 5.10 Taxes 80 4.8 Compliance With Laws; Permits 10 Section 5.11 Labor and Employee Benefits 82 4.9 Tax Matters 11 Section 5.12 Compliance with Laws 83 4.10 Environmental Matters 11 Section 5.13 Material Contracts 84 Section 5.14 Outstanding Capital Commitments 84 Section 5.15 Consents; Preferential Rights 85 Section 5.16 Xxxxx 85 Section 5.17 Environmental 85 Section 5.18 Royalties and Working Interest Payments 86 Section 5.19 Imbalances 86 Section 5.20 Advance Payments 87 Section 5.21 Certain 4.11 Real Property Interests 87 11 Section 5.22 Casualty Loss and Condemnation 87 4.12 Intellectual Property 12 Section 5.23 4.13 Contracts 13 Section 4.14 Insurance 88 15 Section 5.24 4.15 Employees 15 Section 4.16 Personal Property 16 Section 4.17 Brokers 16 Section 4.18 Assets Used in Business 16 Section 4.19 Bank Accounts; Officers; Powers of Attorney 88 16 Section 5.25 4.20 Bankruptcy 16 Section 4.21 Books and Records 88 17 Section 5.26 Suspense Funds 88 4.22 Transactions with Affiliates 17 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE PURCHASER 17 Section 5.27 Absence 5.1 Corporate Existence; Standing; Bankruptcy; Solvency 17 Section 5.2 Authorization 18 Section 5.3 Noncontravention 18 Section 5.4 Governmental Approvals 18 Section 5.5 Capital Resources 18 Section 5.6 Legal Proceedings 19 Section 5.7 Brokers 19 Section 5.8 Purchase for Investment 19 Section 5.9 Purchaser’s Independent Investigation 19 ARTICLE VI COVENANTS AND AGREEMENTS 19 Section 6.1 Conduct of Certain Changes 89 Business 19 Section 5.28 Permits 89 6.2 Commercially Reasonable Efforts 22 Section 5.29 Credit Support 89 6.3 Public Announcements 23 Section 5.30 Payout Balances 89 6.4 Access to Information; Periodic Reports; Confidentiality 23 Section 5.31 6.5 Preservation of Records; Post-Closing Cooperation 25 Section 6.6 Fees and Expenses 25 Section 6.7 Directors and Officers. 25 Section 6.8 Related-Party Transactions 27 Section 6.9 TECO Marks 27 Section 6.10 Consents 28 Section 6.11 Non-Consent Operations 89 Solicitation 28 Section 5.32 Personal Property 89 6.12 Exclusivity 28 Section 5.33 Intellectual Property 89 6.13 Commitment Letters 29 ARTICLE VII POST-CLOSING TAX MATTERS 29 Section 5.34 Surface Use 90 7.1 Tax Filings 29 Section 5.35 Lease Status 90 7.2 Pre-Closing and Straddle-Period Taxes. 30 Section 5.36 Regulatory 91 7.3 Post-Closing Actions; Refunds 31 ARTICLE VIII CONDITIONS PRECEDENT 32 Section 5.37 Special Warranty 8.1 Conditions to Each Party’s Obligation to Effect the Transactions 32 Section 8.2 Conditions to Obligations of Title 91 the Purchaser 33 Section 5.38 No Transfer 91 8.3 Conditions to Obligations of the Seller 33 ARTICLE IX TERMINATION 34 Section 5.39 Lease Operating Statements 91 9.1 Termination 34 Section 5.40 9.2 Effect of Termination; Reverse Termination Fee 35 Section 9.3 Return of Confidential Information 36 ARTICLE X INDEMNIFICATION 36 Section 10.1 Indemnification by the Seller 36 Section 10.2 Indemnification by the Purchaser 37 Section 10.3 Indemnification Procedures 37 Section 10.4 Certain Limitations 39 Section 10.5 Termination of Indemnification Obligations 41 Section 10.6 Dollar Limitations 42 Section 10.7 Exclusive Remedy 42 ARTICLE XI MISCELLANEOUS 43 Section 11.1 No Other Representations or Warranties 43 Section 11.2 Amendment or Supplement 44 Section 11.3 Extension of Time, Waiver, Etc 44 Section 11.4 Assignment 44 Section 11.5 Counterparts 44 Section 11.6 Entire Agreement; No Third-Party Beneficiaries 45 Section 11.7 Governing Law 45 Section 11.8 Consent to Jurisdiction; Waiver 45 Section 11.9 Notices 46 Section 11.10 Severability 47 Section 11.11 Definitions 47 Section 11.12 Rules of Interpretation 57 Section 11.13 Specific Performance 59 Section 11.14 Further Assurances 59 EQUITY PURCHASE AGREEMENT This EQUITY PURCHASE AGREEMENT, dated as of September 27, 2012, is by and between TECO Guatemala Holdings II, LLC, a limited liability company organized under the Laws of the State of Florida (the “Seller”) and Renewable Energy Investments Guatemala Limited, an International Business or Assets 91 Company organized under the Laws of the Commonwealth of the Bahamas (the “Purchaser”). Certain capitalized terms used in this Agreement shall have the meanings set forth in Section 5.41 Water Midstream Systems 92 Section 5.42 Anti-Money Laundering Laws 92 Section 5.43 Affiliate Arrangements 92 Section 5.44 Cyber Security and Privacy 93 Section 5.45 Specified Matters 9311.11.

Appears in 1 contract

Samples: Equity Purchase Agreement (Teco Energy Inc)

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Representations and Warranties Regarding. EACH SUBJECT COMPANY 75 Section 5.1 Existence and Qualification 75 Section 5.2 Power 75 Section 5.3 Authorization and Enforceability 76 Section 5.4 THE PRIMO PARTIES 17 4.1 Organization 17 4.2 Capitalization 18 4.3 Authority 18 4.4 No Conflicts 76 Section 5.5 Capitalization 76 Section 5.6 18 4.5 Financial Statements 78 Section 5.7 Statements. 19 4.6 No Undisclosed Liabilities 79 Section 5.8 19 4.7 Intellectual Property 19 4.8 Taxation 20 4.9 Legal Compliance 20 4.10 Litigation 79 Section 5.9 Bankruptcy 80 and Orders 20 TABLE OF CONTENTS (continuedcont’d) Page Section 5.10 Taxes 80 Section 5.11 Labor 4.11 Environmental 20 4.12 Employees 21 4.13 No Brokers’ Fees 21 4.14 SEC Reports 21 4.15 Conduct of Business 21 ARTICLE V CLOSING CONDITIONS 21 5.1 Conditions to the Primo Parties’ Obligations 21 5.2 Conditions to the Seller’s Obligations 23 ARTICLE VI POST-CLOSING COVENANTS 23 6.1 Payment of Excluded Liabilities 24 6.2 Payment of Assumed Liabilities 24 6.3 Bulk Transfer Compliance 24 6.4 Consents 24 6.5 Mail and Employee Benefits 82 Section 5.12 Compliance with Laws 83 Section 5.13 Material Contracts 84 Section 5.14 Outstanding Capital Commitments 84 Section 5.15 ConsentsReceivables 24 6.6 Litigation Support 24 6.7 Transition 25 6.8 Confidentiality 25 6.9 Seller Information 25 6.10 Personal Information 25 6.11 Regional Operator Agreements 26 6.12 Provision of Information Related to the Business 26 6.13 Additional Trademark Sublicense Agreements 26 6.14 Franchise Agreements 27 6.15 Transition Services 27 ARTICLE VII INDEMNIFICATION 27 7.1 Indemnification by the Seller 27 7.2 Indemnification by the Buyer 27 7.3 Survival and Time Limitations 27 7.4 Limitations on Indemnification 28 7.5 Third-Party Claims 29 7.6 Other Indemnification Matters 30 7.7 PST Clearance Certificates 30 7.8 Exclusive Remedy 30 ARTICLE VIII MISCELLANEOUS 30 8.1 Further Assurances 30 8.2 No Third-Party Beneficiaries 31 8.3 Entire Agreement 31 8.4 Successors and Assigns 31 8.5 Counterparts 31 8.6 Notices 31 8.7 JURISDICTION; Preferential Rights 85 Section 5.16 Xxxxx 85 Section 5.17 Environmental 85 Section 5.18 Royalties SERVICE OF PROCESS 32 8.8 Governing Law 32 8.9 Amendments and Working Interest Payments 86 Section 5.19 Imbalances 86 Section 5.20 Advance Payments 87 Section 5.21 Certain Real Property Interests 87 Section 5.22 Casualty Loss and Condemnation 87 Section 5.23 Insurance 88 Section 5.24 Bank Accounts; Officers; Powers Waivers 32 8.10 Severability 33 8.11 Expenses 33 8.12 Interpretation 33 8.13 Specific Performance 33 8.14 Waiver of Attorney 88 Section 5.25 Books and Records 88 Section 5.26 Suspense Funds 88 Section 5.27 Absence Consequential Damages 33 8.15 Time Is of Certain Changes 89 Section 5.28 Permits 89 Section 5.29 Credit Support 89 Section 5.30 Payout Balances 89 Section 5.31 Non-Consent Operations 89 Section 5.32 Personal Property 89 Section 5.33 Intellectual Property 89 Section 5.34 Surface Use 90 Section 5.35 Lease Status 90 Section 5.36 Regulatory 91 Section 5.37 Special Warranty of Title 91 Section 5.38 No Transfer 91 Section 5.39 Lease Operating Statements 91 Section 5.40 No Other Business or Assets 91 Section 5.41 Water Midstream Systems 92 Section 5.42 Anti-Money Laundering Laws 92 Section 5.43 Affiliate Arrangements 92 Section 5.44 Cyber Security and Privacy 93 Section 5.45 Specified Matters 93the Essence 33 TABLE OF CONTENTS (cont’d) EXHIBIT A Standard RO Agreement

Appears in 1 contract

Samples: Asset Purchase Agreement (Primo Water Corp)

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