Common use of Representations, Performance Clause in Contracts

Representations, Performance. (i) The representations and warranties of Buyer set forth in Section 3.1 (Organization), Section 3.2(a) (Corporate and Governmental Authorization), Section 3.7 (Finders’ Fees) and Section 3.8 (Bankruptcy Court Orders) shall be true and correct in all respects (other than de minimis exceptions) as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case as of such earlier date), and (ii) each of the remaining representations and warranties of Buyer set forth in this Agreement or any Ancillary Agreement or in any schedule, certificate or other document delivered pursuant hereto or thereto shall be true and correct (without giving effect to any limitation or qualification as to “materiality” (including the word “material”) or “Material Adverse Effect” set forth therein) as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case as of such earlier date), except where the failure of any such representations and warranties to be true and correct has not had a Buyer Material Adverse Effect. The DIP Order and the Bankruptcy Court Order (i) have been entered and the applicable time for appeal has expired with no such appeal having been filed, and (ii) remain in full force and effect, without any modifications that would be adverse to Seller except any such modifications as to which Seller has provided its written consent. Buyer shall have, in all material respects, duly performed and complied with all agreements, covenants and conditions required by this Agreement to be performed or complied with by Buyer at or prior to the Closing.

Representations, Performance. (i) The representations and warranties of Buyer Seller contained in this Agreement and in any certificate delivered pursuant hereto shall be true and correct (except in the case of any of the Qualified Reps, without giving effect to any qualifications or limitations as to materiality or Material Adverse Effect (which instead shall be read as an adverse effect) set forth therein) as of the date hereof and as of the Closing Date as if they were made on and as of the Closing Date, except for such representations and warranties that speak to an earlier date (in which case, such representations and warranties shall be true and correct as of such earlier date), in each case except where the failure of such representations and warranties to be true and correct, individually or in the aggregate, has not had and would not reasonably be expected to have a Material Adverse Effect; provided that the representations and warranties in Section 3.1 2.4(a) (Organizationsubsection (a) to Capitalization; Title to Shares), Section 3.2(a2.5(e) (Corporate and Governmental Authorizationsubsection (e) to Transferred Subsidiaries; Ownership Interests), and Section 3.7 2.34 (Finders’ Fees) and Section 3.8 (Bankruptcy Court Orders) shall be true and correct in all material respects (other than de minimis exceptions) as of the date hereof and as of the Closing Date (except to the extent such representations as if they were made on and warranties expressly relate to an earlier date, in which case as of such earlier date), and (ii) each of the remaining representations and warranties of Buyer set forth in this Agreement or any Ancillary Agreement or in any schedule, certificate or other document delivered pursuant hereto or thereto shall be true and correct (without giving effect to any limitation or qualification as to “materiality” (including the word “material”) or “Material Adverse Effect” set forth therein) as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case as of such earlier date), except where the failure of any such representations and warranties to be true and correct has not had a Buyer Material Adverse EffectDate. The DIP Order and the Bankruptcy Court Order (i) Seller shall have been entered and the applicable time for appeal has expired with no such appeal having been filed, and (ii) remain in full force and effect, without any modifications that would be adverse to Seller except any such modifications as to which Seller has provided its written consent. Buyer shall have, in all material respects, respects duly performed and complied with all agreements, agreements and covenants and conditions required by this Agreement to be performed or complied with by Buyer Seller at or prior to the Closing. Seller shall have delivered to Buyer a certificate dated the Closing Date and signed by a duly authorized officer to the effect set forth above in this Section 6.2(a).

Representations, Performance. (ia) The representations and warranties of Buyer set forth in Sections 2.4 and 2.5 (i) shall have been true and correct at and as of the date hereof, provided that if any such representation and warranty shall not have been true and correct at and as of the date hereof, MGI, upon written notice (which shall identify such representation and warranty and describe the respect in which it shall not have been so true and correct) to the Founding Stockholders delivered not later than three Business Days prior to the scheduled Closing Date, shall have until 30 days after the date on which the Closing would otherwise have been required to occur pursuant to Section 3.1 1.1.2 (Organization)without taking into account this proviso) to cure such breach in all respects in the case of any representation and warranty qualified by material adverse effect, and in any other case, to cure such breach in all material respects, or otherwise in a manner reasonably satisfactory to the Founding Stockholders; (ii) in the case of Section 3.2(a) (Corporate and Governmental Authorization)2.4, Section 3.7 (Finders’ Fees) and Section 3.8 (Bankruptcy Court Orders) shall be true and correct in all respects (other than de minimis exceptions) at and as of the Closing Date (except to the extent such representations as though made at and warranties expressly relate to an earlier date, in which case as of such earlier date), and (ii) each of the remaining representations and warranties of Buyer set forth in this Agreement or any Ancillary Agreement or in any schedule, certificate or other document delivered pursuant hereto or thereto shall be true and correct (without giving effect to any limitation or qualification as to “materiality” (including the word “material”) or “Material Adverse Effect” set forth therein) as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case as of such earlier date)Date, except where the aggregate effect of the failure of any such representations and warranties to be true and correct has not had a Buyer and would not reasonably be expected to have an MGI Material Adverse Effect. The DIP Order and the Bankruptcy Court Order (i) have been entered and the applicable time for appeal has expired with no such appeal having been filed, ; and (iiiii) remain in full force the case of Section 2.5, shall be true and effect, without any modifications that would be adverse to Seller except any such modifications as to which Seller has provided its written consent. Buyer shall have, correct in all material respectsrespects at and as of the Closing Date as though made at and as of the Closing Date; provided in each case that the accuracy of any specific representation or warranty that by its terms speaks only as of the date hereof or another date prior to the Closing Date shall be determined solely as of the date hereof or such other date, as the case may be. MGI, the Parent and Merger Sub shall have duly performed and complied in all material respects with all agreements, covenants agreements and conditions required by this Agreement to be performed or complied with by Buyer at or them prior to or on the ClosingClosing Date. (b) MGI, the Parent and Merger Sub shall have delivered to the Stockholders and GS LP a certificate, dated the Closing Date and signed by an authorized officer of each of MGI, the Parent and Merger Sub, with respect to the conditions set forth in Section 4.3.1(a) and 4.3.2.

Representations, Performance. (i) The representations and warranties of Buyer Seller set forth in Section 3.1 Sections 2.1 (OrganizationOrganization and Good Standing), Section 3.2(a2.2(a) (Corporate and Governmental Authorization), Section 3.7 2.4(a) (Capitalization; Title to Units), 2.5(a) and the first and second sentences of 2.5(b) (Subsidiaries; Ownership Interests) and 2.19 (Finders’ Fees) and Section 3.8 (Bankruptcy Court Orders) ), shall be true and correct in all respects (other than de minimis exceptions) as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case as of such earlier date), and (ii) each of the remaining representations and warranties of Buyer Seller set forth in this Agreement or any Ancillary Agreement or in any schedule, certificate or other document delivered pursuant hereto or thereto (except for the representation and warranty in Section 2.28, which is made only as of the date hereof) shall be true and correct (without giving effect to any limitation or qualification as to “materiality” (including the word “material”) or “Material Adverse Effect” set forth therein) as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case as of such earlier date), except where the failure of any such representations and warranties to be true and correct has not had a Buyer Material Adverse Effect. The DIP Order and the Bankruptcy Court Order (i) Seller shall have been entered and the applicable time for appeal has expired with no such appeal having been filed, and (ii) remain in full force and effect, without any modifications that would be adverse to Seller except any such modifications as to which Seller has provided its written consent. Buyer shall have, in all material respects, respects duly performed and complied with all agreements, covenants and conditions required by this Agreement to be performed or complied with by Buyer Seller at or prior to the Closing.

Representations, Performance. (i) The representations and warranties of Buyer Seller contained in ARTICLE 2 (except in the case of any of the Qualified Reps, without giving effect to any limitations or qualifications as to “materiality” or “Material Adverse Effect” (which shall instead be read as an adverse effect) set forth therein) shall be true and correct as of the Closing Date with the same effect as though made as of the Closing Date (except for such representations and warranties that are as of an earlier date, which representations and warranties shall be true and correct as of such date), in each case except where the failure of such representations and warranties to be true and correct, individually or in the aggregate, has not had and would not reasonably be expected to have a Material Adverse Effect; provided that (A) the representations and warranties in Section 3.1 (Organization), Section 3.2(a) (Corporate and Governmental Authorization), Section 3.7 (Finders’ Fees) and Section 3.8 (Bankruptcy Court Orders2.4(a) shall be true and correct in all material respects (other than de minimis exceptions) as of the Closing Date as if they were made as of the Closing Date and (except to B) the extent such representations and warranties expressly relate to an earlier date, in which case as clause (a) of such earlier date), and (ii) each of the remaining representations and warranties of Buyer set forth in this Agreement or any Ancillary Agreement or in any schedule, certificate or other document delivered pursuant hereto or thereto Section 2.23 shall be true and correct (without giving effect to any limitation or qualification as to “materiality” (including the word “material”) or “Material Adverse Effect” set forth therein) in all respects as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case as if they were made as of such earlier date), except where the failure of any such representations and warranties to be true and correct has not had a Buyer Material Adverse Effect. The DIP Order and the Bankruptcy Court Order (i) have been entered and the applicable time for appeal has expired with no such appeal having been filed, and Closing Date. (ii) remain in full force and effect, without any modifications that would be adverse to Seller except any such modifications as to which Seller has provided its written consent. Buyer shall have, have in all material respects, respects duly performed and complied with all agreements, agreements and covenants and conditions required by this Agreement to be performed or complied with by Buyer Seller at or prior to the Closing. (iii) Seller shall have delivered to Buyer the items set forth in Section 1.3(b). (iv) Seller shall have delivered to Buyer a certificate, dated as of the Closing Date, signed by a duly authorized officer of Seller to the effect set forth above in clauses (i) and (ii) of this Section 5.2(a).

Representations, Performance. (i) The Except for the representations and warranties of Buyer set forth in Section 3.1 3.1(a) (Due Organization; Valid Existence; Good Standing), Section 3.2(a) (Corporate Power and Governmental Authority; Due Authorization), Section 3.7 3.3(a) (No Conflict with Organizational Documents), Section 3.4 (Title; Capitalization; Organizational Documents), the first sentence of Section 3.5(a) (Due Organization; Valid Existence; Good Standing of Subsidiaries), Section 3.5(b) and (d) (Capitalization of Subsidiaries) and Section 3.19 (Finders’ Fees) (collectively, the “Seller Fundamental Representations”), the representations and Section 3.8 warranties contained in Article 3 of this Agreement (Bankruptcy Court Orderswithout giving effect to any limitations as to “materiality” or “Material Adverse Effect” set forth therein) shall be true and correct in all respects (other than de minimis exceptions) as of the date hereof and as of the Closing Date as if made at and as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier are made as of a specific date, in which case as of such earlier date), and (ii) each of the remaining representations and warranties of Buyer set forth in this Agreement or any Ancillary Agreement or in any schedule, certificate or other document delivered pursuant hereto or thereto shall be true and correct (without giving effect only as of such date), except where all failures of such representations and warranties to any limitation be so true and correct would not reasonably be expected, individually or qualification as in the aggregate, to “materiality” (including the word “material”) or “have a Material Adverse Effect” set forth therein) . The Seller Fundamental Representations shall be true and correct in all but de minimis respects as of the date hereof and as of the Closing Date as of made at and as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier are made as of a specific date, in which case as of such earlier date), except where the failure of any such representations and warranties to shall be true and correct has not had a Buyer Material Adverse Effectonly as of such date). The DIP Order Company and Sellers, including the Bankruptcy Court Order (i) Sellers’ Representatives, shall have been entered and the applicable time for appeal has expired with no such appeal having been filed, and (ii) remain in full force and effect, without any modifications that would be adverse to Seller except any such modifications as to which Seller has provided its written consent. Buyer shall have, in all material respects, respects duly performed and complied with all agreements, covenants and conditions required by this Agreement to be performed or complied with by Buyer at Sellers, Sellers’ Representatives or the Company prior to the Closing. Sellers shall have delivered to Buyer a certificate, dated as of the Closing Date, signed by a duly authorized officer of each of the Company and the Sellers’ Representatives, on behalf of Sellers, to the effect that each of the conditions set forth above in this Section 7.1(a) have been satisfied.