Common use of Tech Clause in Contracts

Tech. Tech hereby represents and warrants or covenants and agrees, as appropriate, that: (i) it has examined the Tax Materials; (ii) it has delivered complete and accurate copies of the Tax Materials to Fuels, and the facts presented and the representations made therein, to the extent descriptive of the Tech Group (including the business purposes for the Distribution as described in the Opinion, and the other Tax Materials to the extent that they relate to the Tech Group and the plans, proposals, intentions and policies of the Tech Group), are, or will be from the time presented or made through and including the Distribution Date and thereafter as relevant, true, correct and complete in all respects; (iii) it knows of no fact (after due inquiry) that may negate the Tax-Free Status of the Transactions; and (iv) neither it, nor any of its Subsidiaries, has any plan or intent to take any action which is inconsistent with any statements or representations made in the Tax Materials.