Representations and Warranties With Respect to Target Companies. Subject to limitations set out herein below and except as set forth in the Disclosure Schedule, each of Sellers and each Target Company represents, warrants and agrees that the following statements will be true and correct as of the Initial Closing Date and as of the date when the Interests are actually transferred by the Sellers to the Purchasers hereunder, except for those specifically relating to a time or times other than the Initial Closing Date or such date when the Interests are actually transferred by the Sellers to the Purchasers hereunder (as applicable) (which shall be true and correct in all respects at such time or times):
