Examples of Management Warranties in a sentence
In connection with the Offer and on the terms set out in this Deed, (i) each Warrantor has agreed to give the Management Warranties; and (ii) each Warrantor and the Company has agreed to comply, or procure compliance with, certain obligations relating to the conduct of business prior to Completion.
The Sellers’ Fundamental Warranties and the Management Warranties constitute an exhaustive regulation of the Buyer's requirements as to the Shares, and no further requirements as to the quality, fitness for purpose or merchantability of the Shares or the assets, liabilities and operations of the Group shall apply, whether by implication or by the application of background law.
This warranty shall be deemed to be repeated immediately before Completion by reference to the facts and circumstances subsisting immediately before Completion and, for this purpose only, where there is an express or implied reference in the Management Warranties to the date of the Management Warranty Deed, that reference is to be construed as a reference to the Completion Date in respect of the Management Warranties.
For purposes of determining the amount of liability for breach of any of the Management Warranties (rather than whether or nor not there has been a breach), any qualification as to the term “material” or words of similar import in the text of any of the Management Warranties shall be ignored.
To the extent that the Management Warranties are given based on the awareness or knowledge of each of the Management Warrantors, and such expression shall, unless otherwise stated, be deemed to refer to the actual knowledge of the relevant person whose names is listed in Column A of Schedule 2 after making enquiry of those persons whose names are listed next to his or her name in Column B of Schedule 2.