Acknowledgment of Disclaimer of Other Representations and Warranties. The Company acknowledges that, as of the date hereof, it and its Representatives: (a) have received access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent and its Subsidiaries, and the Parent Portfolio Companies, which Parent and its Representatives have made available to them and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities to meet with the management of Parent and its Subsidiaries and to discuss the business and assets of Parent and its Subsidiaries and the Parent Portfolio Companies. The Company acknowledges and agrees that (x) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is familiar, and the Company is taking full responsibility for making its own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company shall have no claim against Parent, its Subsidiaries or the Parent External Adviser, or any of their respective Representatives, or the Parent Portfolio Companies, with respect to any such Parent Forecasts and (y) the Company has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated hereby, including the Mergers, the Company has relied on the results of its own independent review and analysis. The Company further acknowledges and agrees that (1) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant hereto, (A) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies or any of the respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to or limit any claim for Fraud.
Appears in 4 contracts
Sources: Merger Agreement (Runway Growth Finance Corp.), Merger Agreement (Runway Growth Finance Corp.), Merger Agreement (SWK Holdings Corp)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent, Intermediary Sub and Acquisition Sub acknowledges that, as of the date hereof, it they and its their Representatives: (a) have received access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent the Company and its Subsidiaries, and the Parent Portfolio Companies, which Parent Company and its Representatives Representatives, as of the date hereof, have made available to them and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent the Company and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Company Forecasts”); and (c) have had opportunities to meet with the management of Parent the Company and its Subsidiaries and to discuss the business and assets of Parent the Company and its Subsidiaries Subsidiaries. Parent, Intermediary Sub and the Parent Portfolio Companies. The Company acknowledges Acquisition Sub acknowledge and agrees agree that (x) there are uncertainties inherent in attempting to make Parent Company Forecasts, with which the Company is Parent, Intermediary Sub and Acquisition Sub are familiar, and the Company is Parent, Intermediary Sub and Acquisition Sub are taking full responsibility for making its their own evaluation of the adequacy and accuracy of all Parent Company Forecasts (including the reasonableness of the assumptions underlying such Parent Company Forecasts), and the Company Parent, Intermediary Sub and Acquisition Sub shall have no claim against Parent, the Company or its Subsidiaries or the Parent External Adviser, or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Parent Company Forecasts and (y) the Company each of Parent, Intermediary Sub and Acquisition Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, the Company and its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated hereby, including the Mergers, the Company each of Parent, Intermediary Sub and Acquisition Sub has relied on the results of its own independent review and analysis. The Company Parent, Intermediary Sub and Acquisition Sub each further acknowledges and agrees that (1) any Parent Company Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company Parent, Intermediary Sub, Acquisition Sub or any of its their Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parentthe Company’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV III or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV III or in any certificate delivered pursuant hereto, (A) none of Parentneither the Company, its investment adviser nor any of Parent’s Subsidiaries, the Parent External Adviser or any other Person its Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company Parent, Intermediary Sub and Acquisition Sub shall have no claim against Parent, the Company or any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies Subsidiaries or any of the their respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parentthe Company, its investment adviser or any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 4.30 shall apply to or limit any claim for Fraud.
Appears in 4 contracts
Sources: Merger Agreement (Runway Growth Finance Corp.), Merger Agreement (Runway Growth Finance Corp.), Merger Agreement (SWK Holdings Corp)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company acknowledges that, as of the date hereof, it and its Representatives: Representatives (a) have received full access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent, Parent External Adviser, their respective Subsidiaries, the Portfolio Companies and any funds managed by them which it and its SubsidiariesRepresentatives, and as of the Parent Portfolio Companiesdate hereof, which Parent and its Representatives have made available requested to them and (ii) the electronic data room in connection with the transactions contemplated herebyreview; (b) have received and may continue to receive from Parent, Parent and its Subsidiaries External Adviser and their respective Subsidiaries and Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent, Parent and its External Adviser, their respective Subsidiaries, the Portfolio Companies and the Parent Portfolio Companies, any funds managed by them and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities full opportunity to meet with the management of Parent, Parent External Adviser and its their respective Subsidiaries and to discuss the business and assets of Parent, Parent External Adviser, their respective Subsidiaries, the Portfolio Companies and its Subsidiaries and the Parent Portfolio Companiesany funds managed by them. The Company acknowledges and agrees that (x1) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is familiar, and the Company is taking full responsibility for making its own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company shall have no claim against Parent, its Subsidiaries or the Parent External Adviser, their respective Subsidiaries, the Portfolio Companies, any funds managed by them or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Parent Forecasts Forecasts, other than with respect to intentional fraud, and (y2) the Company has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, its Subsidiaries and Parent External Adviser, their respective Subsidiaries, the Parent Portfolio Companies and any funds managed by them and, in making its determination to proceed with the transactions contemplated herebyby this Agreement, including the MergersCompany Merger, the Company has relied on the results of its own independent review and analysis. The Company further acknowledges and agrees that (1I) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including any materials or information made available in the electronic data room to them in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant hereto; and (2II) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant heretoIV, (Aa) none of neither Parent, any of Parent’s Subsidiaries, the Parent External Adviser nor any of their respective Subsidiaries or any other Person Representatives makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company is not relying on (and the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent of their respective Subsidiaries, the Portfolio Companies Companies, any funds managed by them or any of the their respective Representatives thereof in respect of, other than in the case of intentional fraud) any such representation or warranty and (Bb) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser or any of their respective Subsidiaries or Representatives to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to or limit any claim for Fraud.
Appears in 2 contracts
Sources: Merger Agreement (Ares Capital Corp), Merger Agreement (American Capital, LTD)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company acknowledges that, as of the date hereof, it and its Representatives: (a) have received full access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent, the Parent and its External Adviser, their respective Subsidiaries, and the Parent Portfolio Companies, Companies which Parent it and its Representatives Representatives, as of the date hereof, have made available requested to them review and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent, the Parent and its Subsidiaries External Adviser and their respective Subsidiaries and Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent, the Parent External Adviser and its Subsidiaries, their respective Subsidiaries and the Parent Portfolio Companies, Companies and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities full opportunity to meet with the management of Parent, the Parent External Adviser and its their respective Subsidiaries and to discuss the business and assets of Parent, the Parent External Adviser and its their respective Subsidiaries and the Parent Portfolio Companies. The Company acknowledges and agrees that (x) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is familiar, and the Company is taking full responsibility for making its own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company shall have no claim against Parent, its Subsidiaries or the Parent External Adviser, their respective Subsidiaries or the Portfolio Companies or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Parent Forecasts Forecasts, other than with respect to intentional fraud, and (y) the Company has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, its the Parent External Adviser, their respective Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated hereby, including the Mergers, the Company has relied on the results of its own independent review and analysis. The Company further acknowledges and agrees that (1) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant heretoIV; and (2) except for the representations and warranties expressly set forth in Article IV or and, in any certificate delivered pursuant heretothe case of the Parent External Adviser, Article V, (A) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person of their respective Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company is not relying on (and the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent of their respective Subsidiaries or any Portfolio Companies or any of the their respective Representatives thereof in respect of, other than in the case of intentional fraud) any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser or any of their respective Subsidiaries or Representatives to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to , and if made, such representation or limit any claim for Fraudwarranty must not be relied upon by the Company as having been authorized by such entity.
Appears in 2 contracts
Sources: Merger Agreement (Alcentra Capital Corp), Merger Agreement (Crescent Capital BDC, Inc.)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent and Acquisition Sub acknowledges that, as of the date hereof, it they and its their Representatives: (a) have received full access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent the Company and its Subsidiaries, and the Parent Portfolio CompaniesCompanies which they and their Representatives, which Parent and its Representatives as of the date hereof, have made available requested to them review and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent the Company and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent the Company and its Subsidiaries, Subsidiaries and the Parent Portfolio Companies, Companies and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities full opportunity to meet with the management of Parent the Company and its Subsidiaries and to discuss the business and assets of Parent the Company and its Subsidiaries and the Parent Portfolio Companies. The Company acknowledges Parent and agrees Acquisition Sub acknowledge and agree that (x) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is Parent and Acquisition Sub are familiar, and the Company is Parent and Acquisition Sub are taking full responsibility for making its their own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company Parent and Acquisition Sub shall have no claim against Parentthe Company, its Subsidiaries or its investment adviser, or the Parent External Adviser, Portfolio Companies or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Parent Forecasts Forecasts, other than with respect to intentional fraud, and (y) the Company each of Parent and Acquisition Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parentthe Company, its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated hereby, including the Mergers, the Company each of Parent and Acquisition Sub has relied on the results of its own independent review and analysis. The Company Parent and Acquisition Sub each further acknowledges and agrees that (1) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company Parent, Acquisition Sub or any of its their Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parentthe Company’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant heretoIII; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant heretoIII, (A) none of Parentneither the Company, its investment adviser nor any of Parent’s Subsidiaries, the Parent External Adviser or any other Person its Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company Parent and Acquisition Sub are not relying on (and Parent and Acquisition Sub shall have no claim against Parentthe Company, any of its Subsidiaries, the Parent External Adviser, Subsidiaries or any Parent Portfolio Companies or any of the their respective Representatives thereof in respect of, other than in the case of intentional fraud) any such representation or warranty and (B) no Person has been authorized by Parentthe Company, its investment adviser or any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to , and if made, such representation or limit any claim for Fraudwarranty must not be relied upon by Parent or Acquisition Sub as having been authorized by such entity.
Appears in 2 contracts
Sources: Merger Agreement (Alcentra Capital Corp), Merger Agreement (Crescent Capital BDC, Inc.)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent and Acquisition Sub acknowledges that, as of the date hereof, it they and its Representatives: their Representatives (a) have received full access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent and the Company, its SubsidiariesSubsidiaries (including the Subsidiary Adviser Group), the Portfolio Companies and the Parent Portfolio CompaniesFunds which they and their Representatives, which Parent and its Representatives as of the date hereof, have made available requested to them review and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent the Company and its Subsidiaries (including the Subsidiary Adviser Group) and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and the Company, its SubsidiariesSubsidiaries (including the Subsidiary Adviser Group), the Portfolio Companies and the Parent Portfolio Companies, Funds and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities full opportunity to meet with the management of Parent the Company and its Subsidiaries (including the Subsidiary Adviser Group) and to discuss the business and assets of the Company, its Subsidiaries (including the Subsidiary Adviser Group), the Portfolio Companies and the Funds. Parent and its Subsidiaries Acquisition Sub acknowledge and the Parent Portfolio Companies. The Company acknowledges and agrees agree that (x1) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is Parent and Acquisition Sub are familiar, and the Company is Parent and Acquisition Sub are taking full responsibility for making its their own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company Parent and Acquisition Sub shall have no claim against Parentthe Company, its Subsidiaries or (including the Parent External AdviserSubsidiary Adviser Group), the Portfolio Companies, the Funds or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Parent Forecasts Forecasts, other than with respect to intentional fraud, and (y2) the Company each of Parent and Acquisition Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parentthe Company, its Subsidiaries (including the Subsidiary Adviser Group), the Portfolio Companies and the Parent Portfolio Companies Funds and, in making its determination to proceed with the transactions contemplated herebyby this Agreement, including the MergersCompany Merger, the Company each of Parent and Acquisition Sub has relied on the results of its own independent review and analysis. The Company Parent and Acquisition Sub each further acknowledges and agrees that (1I) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company Parent, Acquisition Sub or any of its their Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parentthe Company’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant hereto; III and (2II) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant heretoIII, (Aa) none of Parent, neither the Company nor any of Parent’s Subsidiaries, its Subsidiaries (including the Parent External Subsidiary Adviser or any other Person Group) makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers Company Merger and the Company Parent and Acquisition Sub are not relying on (and Parent and Acquisition Sub shall have no claim against Parentthe Company, any of its SubsidiariesSubsidiaries (including the Subsidiary Adviser Group), the Parent External AdviserPortfolio Companies, any Parent Portfolio Companies the Funds or any of the their respective Representatives thereof in respect of, other than in the case of intentional fraud) any such representation or warranty and (Bb) no Person has been authorized by Parent, the Company or any of its Subsidiaries or (including the Parent External Subsidiary Adviser Group) to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to or limit any claim for Fraud.
Appears in 2 contracts
Sources: Merger Agreement (Ares Capital Corp), Merger Agreement (American Capital, LTD)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent and Acquisition Sub acknowledges that, as of the date hereofof this Agreement, it they and its Representatives: their Representatives (a) have received access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent the Company and its Subsidiaries, and the Parent Portfolio Companies, which Parent the Company and its Representatives have made available to them and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent the Company and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent the Company and its Subsidiaries, Subsidiaries and the Parent Portfolio Companies, Companies and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities to meet with the management of Parent the Company and its Subsidiaries and to discuss the business and assets of Parent the Company and its Subsidiaries and the Parent Portfolio Companies. The Company acknowledges Parent and agrees Acquisition Sub acknowledge and agree that (x1) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is Parent and Acquisition Sub are familiar, and the Company is Parent and Acquisition Sub are taking full responsibility for making its their own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company Parent and Acquisition Sub shall have no claim against Parentthe Company, its Subsidiaries or its investment adviser, or the Parent External Adviser, Portfolio Companies or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Parent Forecasts and (y2) the Company each of Parent and Acquisition Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parentthe Company, its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated herebyby this Agreement, including the Mergers, the Company each of Parent and Acquisition Sub has relied on the results of its own independent review and analysis. The Company Parent and Acquisition Sub each further acknowledges and agrees that (1I) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company Parent, Acquisition Sub or any of its their Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parentthe Company’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV III or in any certificate delivered pursuant hereto; and (2II) except for the representations and warranties expressly set forth in Article IV III or in any certificate delivered pursuant hereto, (Aa) none of Parentneither the Company, its investment adviser nor any of Parent’s Subsidiaries, the Parent External Adviser or any other Person its Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company Parent and Acquisition Sub shall have no claim against Parentthe Company, any of its Subsidiaries, the Parent External Adviser, Subsidiaries or any Parent Portfolio Companies or any of the their respective Representatives thereof in respect of any such representation or warranty and (Bb) no Person has been authorized by Parentthe Company, its investment adviser or any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 4.27 shall apply to or limit any claim for Fraud.
Appears in 2 contracts
Sources: Merger Agreement (OHA Investment Corp), Merger Agreement (Portman Ridge Finance Corp)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent and Acquisition Sub acknowledges that, as of the date hereof, it they and its their Representatives: (a) have received access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent the Company and its Subsidiaries, and the Parent Company Portfolio Companies, which Parent Company and its Representatives Representatives, as of the date hereof, have made available to them and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent the Company and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent the Company and its Subsidiaries, Subsidiaries and the Parent Company Portfolio Companies, Companies and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities to meet with the management of Parent the Company and its Subsidiaries and to discuss the business and assets of Parent the Company and its Subsidiaries and the Parent Company Portfolio Companies. The Company acknowledges Parent and agrees Acquisition Sub acknowledge and agree that (x) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is Parent and Acquisition Sub are familiar, and the Company is Parent and Acquisition Sub are taking full responsibility for making its their own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company Parent and Acquisition Sub shall have no claim against Parentthe Company, its Subsidiaries or the Parent Company External Adviser, or the Company Portfolio Companies or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Parent Forecasts and (y) the Company each of Parent and Acquisition Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parentthe Company, its Subsidiaries and the Parent Company Portfolio Companies and, in making its determination to proceed with the transactions contemplated hereby, including the Mergers, the Company each of Parent and Acquisition Sub has relied on the results of its own independent review and analysis. The Company Parent and Acquisition Sub each further acknowledges and agrees that (1) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company Parent, Acquisition Sub or any of its their Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parentthe Company’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV III or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV III or in any certificate delivered pursuant hereto, (A) none of Parentneither the Company, its investment adviser nor any of Parent’s Subsidiaries, the Parent External Adviser or any other Person its Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company Parent and Acquisition Sub shall have no claim against Parentthe Company, any of its Subsidiaries, the Parent External Adviser, Subsidiaries or any Parent Company Portfolio Companies or any of the their respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parentthe Company, its investment adviser or any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 4.27 shall apply to or limit any claim for Fraud.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (Portman Ridge Finance Corp), Merger Agreement (Harvest Capital Credit Corp)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company acknowledges that, as of the date hereof, it and its Representatives: (a) have received access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent and its Subsidiaries, and the Parent Portfolio Companies, which Parent and its Representatives have made available to them and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities to meet with the management of Parent and its Subsidiaries and to discuss the business and assets of Parent and its Subsidiaries and the Parent Portfolio Companies. The Company acknowledges and agrees that (x) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is familiar, and the Company is taking full responsibility for making its own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company shall have no claim against Parent, its Subsidiaries or the Parent External Adviser, or any of their respective Representatives, or the Parent Portfolio Companies, with respect to any such Parent Forecasts and (y) the Company has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated hereby, including the Mergers, the Company has relied on the results of its own independent review and analysis. The Company further acknowledges and agrees that (1) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant hereto, (A) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies or any of the respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 3.24 shall apply to or limit any claim for Fraud.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (Portman Ridge Finance Corp), Merger Agreement (Harvest Capital Credit Corp)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent and Acquisition Sub acknowledges that, as of the date hereof, it they and its Representatives: their Representatives (a) have received reasonable access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent the Company and its SubsidiariesSubsidiaries which they and their Representatives, and as of the Parent Portfolio Companiesdate hereof, which Parent and its Representatives have made available requested to them review and (ii) the electronic and physical data room rooms in connection with the transactions transaction contemplated hereby; hereby and (b) have received and may continue to receive from Parent and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities reasonable opportunity to meet with the management of Parent the Company and its Subsidiaries and to discuss the business and assets of the Company and its Subsidiaries. Parent and its Subsidiaries and the Parent Portfolio Companies. The Company Acquisition Sub each acknowledges and agrees that that, except for the representations and warranties expressly set forth in Article IV and any certificate delivered hereunder, (xa) there neither the Company nor any of its Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Merger and Parent and Acquisition Sub are uncertainties inherent not relying on any representation or warranty except for those expressly set forth in attempting Article IV, (b) no Person has been authorized by the Company or any of its Subsidiaries to make Parent Forecasts, any representation or warranty relating to itself or its business or otherwise in connection with which the Company is familiarMerger, and the Company is taking full responsibility for making its own evaluation of the adequacy if made, such representation or warranty must not be relied upon by Parent or Acquisition Sub as having been authorized by such entity and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts)c) any estimate, and the Company shall have no claim against projection, prediction, data, financial information, memorandum, presentation or any other materials or information provided or addressed to Parent, its Subsidiaries or the Parent External Adviser, Acquisition Sub or any of their respective Representatives, including any materials or information made available in the Parent Portfolio Companieselectronic and physical data rooms in connection with the transaction, via confidential information memorandum, in connection with respect presentations by the Company’s management or otherwise, are not and shall not be deemed to be or include representations or warranties unless and to the extent any such materials or information is the subject of any express representation or warranty set forth in Article IV. Each of Parent Forecasts and (y) the Company Acquisition Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, the Company and its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated herebyby this Agreement, including the MergersMerger and the Financing, the Company each of Parent and Acquisition Sub has relied on the results of its own independent review and analysis. The Company further acknowledges analysis and agrees that (1) any Parent Forecastthe covenants, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant hereto, (A) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies or any of the respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing contained in this Section 3.30 shall apply to or limit any claim for FraudAgreement.
Appears in 1 contract
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company acknowledges that, as of the date hereof, it and its Representatives: (a) Each of Parent and Acquisition Sub acknowledges that the Parent Parties (i) have received full and complete access to (iA) such books and records, facilities, properties, premises, equipment, contracts Contracts and other properties and assets of Parent the Company and its SubsidiariesSubsidiaries which they and their Representatives and such Affiliates have desired or requested to see or review and (B) the VDR, and the Parent Portfolio Companies, which Parent and its Representatives have made available to them and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities full opportunity to meet with the management officers and employees of Parent the Company and its Subsidiaries and to discuss the business and assets of Parent the Company and its Subsidiaries and (iii) have had an adequate opportunity to make such legal, factual and other inquiries and investigation as they deem necessary, desirable or appropriate with respect to the Company and each of its Subsidiaries.
(b) Except for the representations and warranties expressly set forth in this Article V and the other Transaction Documents, neither Parent nor Acquisition Sub nor any other Person on behalf of Parent or Acquisition Sub makes (and P▇▇▇▇▇, on behalf of itself, the other Parent Parties, and their respective Representatives, hereby disclaims) any express or implied representation or warranty with respect to Parent, Acquisition Sub, its Subsidiaries or any of their respective businesses, operations, properties, assets, liabilities or otherwise in connection with this Agreement, the Merger or the other transactions contemplated hereby, including as to the accuracy or completeness of any information.
(c) Except for the representations and warranties expressly set forth in Article IV, each of the Parent Portfolio Companies. The Company Parties acknowledges and agrees that (xi) none of the Company, the Company’s Subsidiaries or any other Person on behalf of the Company or any of the Company’s Subsidiaries makes, or has made, any express or implied representation or warranty with respect to the Company or any of the Company’s Subsidiaries or with respect to the accuracy or completeness of any information provided, or made available, to the Parent Parties or their Representatives, including with respect to the Company and its Subsidiaries respective businesses, operations, assets, liabilities, conditions (financial or otherwise), prospects or otherwise in connection with this Agreement, the Merger or the other transactions contemplated by this Agreement, and the Parent Parties and their Representatives are not relying on, and waive any claim based on reliance on, any representation, warranty or other information of the Company or any Person except for those expressly set forth in Article IV, and (ii) no Person has been authorized by the Company, the Company’s Subsidiaries or any other Person on behalf of the Company to make any representation or warranty relating to the Company, its Subsidiaries or their respective businesses or otherwise in connection with this Agreement, the Merger or the other transactions contemplated hereby, and if made, such representation or warranty shall not be relied upon by the Parent Parties as having been authorized by such entity. Without limiting the generality of the foregoing, the Parent Parties acknowledge and agree that none of the Company, any of the Company’s Subsidiaries or any other Person has made a representation or warranty (including as to accuracy or completeness) to the Parent Parties with respect to, and none of the Company, any of the Company’s Subsidiaries or any other Person shall be subject to any liability to the Parent Parties or any other Person resulting from, the Company or any of the Company’s Subsidiaries or their respective Representatives or Affiliates providing, or making available, to the Parent Parties or their respective Representatives, or resulting from the omission of, any estimate, projection, prediction, forecast, data, financial information, memorandum, presentation or any other materials or information, including any materials or information made available to the Parent Parties or their respective Representatives in connection with presentations by the Company’s management or in the VDR. Parent and Acquisition Sub acknowledge that there are uncertainties inherent in attempting to make estimates, projections, budgets, pipeline reports and other forecasts and plans, that they are familiar with such uncertainties and that each of Parent Forecasts, with which the Company is familiar, and the Company Acquisition Sub is taking full responsibility for making its own evaluation of the adequacy and accuracy of all Parent Forecasts (estimates, projections, budgets, pipeline reports and other forecasts and plans so furnished to it, including the reasonableness of the assumptions underlying such Parent Forecasts)estimates, projections, budgets, pipeline reports and the Company shall have no claim against Parent, its Subsidiaries or other forecasts and plans. Each of the Parent External Adviser, or any of their respective Representatives, or the Parent Portfolio Companies, with respect to any such Parent Forecasts and (y) the Company Parties acknowledges that it has conducted, to its satisfaction, its own independent review and analysis investigation of the businessescondition (financial or otherwise), assetsoperations, condition, operations assets and prospects business of Parent, the Company and its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the Merger and the other transactions contemplated herebyby this Agreement, including each of the Mergers, the Company Parent Parties has relied solely on the results of its own independent review investigation and analysis. The Company further acknowledges the representations and agrees that (1) any Parent Forecastwarranties set forth in Article IV and has not relied, datadirectly or indirectly, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including on any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material Parent Parties or information is the subject of an express representation their Representatives by or warranty set forth in Article IV or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant hereto, (A) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies or any on behalf of the respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to or limit any claim for FraudCompany.
Appears in 1 contract
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent, Acquisition Sub and Acquisition Sub 2 acknowledges that, as of the date hereof, it they and its their Representatives: (a) have received access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent the Company and its Subsidiaries, and the Parent Company Portfolio Companies, which Parent Company and its Representatives Representatives, as of the date hereof, have made available to them and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent the Company and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent the Company and its Subsidiaries, Subsidiaries and the Parent Company Portfolio Companies, Companies and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities to meet with the management of Parent the Company and its Subsidiaries and to discuss the business and assets of Parent the Company and its Subsidiaries and the Parent Company Portfolio Companies. The Company acknowledges Parent, Acquisition Sub and agrees Acquisition Sub 2 acknowledge and agree that (x) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is Parent, Acquisition Sub and Acquisition Sub 2 are familiar, and the Company is Parent, Acquisition Sub and Acquisition Sub 2 are taking full responsibility for making its their own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company Parent, Acquisition Sub and Acquisition Sub 2 shall have no claim against Parentthe Company, its Subsidiaries or the Parent Company External Adviser, or the Company Portfolio Companies or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Parent Forecasts and (y) the Company each of Parent, Acquisition Sub and Acquisition Sub 2 has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parentthe Company, its Subsidiaries and the Parent Company Portfolio Companies and, in making its determination to proceed with the transactions contemplated hereby, including the Mergers, the Company each of Parent, Acquisition Sub and Acquisition Sub 2 has relied on the results of its own independent review and analysis. The Company Parent, Acquisition Sub and Acquisition Sub 2 each further acknowledges and agrees that (1) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company Parent, Acquisition Sub, Acquisition Sub 2 or any of its their Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parentthe Company’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV III or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV III or in any certificate delivered pursuant hereto, (A) none of Parentneither the Company, its investment adviser nor any of Parent’s Subsidiaries, the Parent External Adviser or any other Person its Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company Parent, Acquisition Sub and Acquisition Sub 2 shall have no claim against Parentthe Company, any of its Subsidiaries, the Parent External Adviser, Subsidiaries or any Parent Company Portfolio Companies or any of the their respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parentthe Company, its investment adviser or any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 4.28 shall apply to or limit any claim for Fraud.
Appears in 1 contract
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent and Acquisition Sub acknowledges that, as of the date hereof, it they and its Representatives: their Representatives (a) have received full access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent the Company and its SubsidiariesSubsidiaries which they and their Representatives, and as of the Parent Portfolio Companiesdate hereof, which Parent and its Representatives have made available requested to them review and (ii) the electronic and physical data room rooms in connection with the transactions transaction contemplated hereby; hereby and (b) have received and may continue to receive from Parent and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities full opportunity to meet with the management of Parent the Company and its Subsidiaries and to discuss the business and assets of the Company and its Subsidiaries. Parent and its Subsidiaries and the Parent Portfolio Companies. The Company Acquisition Sub each acknowledges and agrees that that, except for the representations and warranties expressly set forth in Article IV and any certificate delivered hereunder, (xa) there neither the Company nor any of its Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Merger and Parent and Acquisition Sub are uncertainties inherent not relying on any representation or warranty except for those expressly set forth in attempting Article IV, (b) no Person has been authorized by the Company or any of its Subsidiaries to make Parent Forecasts, any representation or warranty relating to itself or its business or otherwise in connection with which the Company is familiarMerger, and the Company is taking full responsibility for making its own evaluation of the adequacy if made, such representation or warranty must not be relied upon by Parent or Acquisition Sub as having been authorized by such entity and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts)c) any estimate, and the Company shall have no claim against projection, prediction, data, financial information, memorandum, presentation or any other materials or information provided or addressed to Parent, its Subsidiaries or the Parent External Adviser, Acquisition Sub or any of their respective Representatives, including any materials or information made available in the Parent Portfolio Companieselectronic and physical data rooms in connection with the transaction, via confidential information memorandum, in connection with respect presentations by the Company’s management or otherwise, are not and shall not be deemed to be or include representations or warranties unless and to the extent any such materials or information is the subject of any express representation or warranty set forth in Article IV. Each of Parent Forecasts and (y) the Company Acquisition Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, the Company and its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated herebyby this Agreement, including the MergersMerger and the Financing, the Company each of Parent and Acquisition Sub has relied on the results of its own independent review and analysisanalysis and the covenants, representations and warranties of the Company contained in this Agreement. The Company further acknowledges and agrees that (1) Notwithstanding the foregoing, nothing in this Agreement will limit any remedy Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to may have for fraud committed by the Company or any Representative of its Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant hereto, (A) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company shall have no claim against Parent, any of its Subsidiaries, (whether or not such fraud relates to a representation made in a written agreement between the Parent External Adviser, any Parent Portfolio Companies or any of the respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to or limit any claim for Fraudparties).
Appears in 1 contract
Sources: Merger Agreement (Compuware Corp)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent and Acquisition Sub acknowledges that, as of the date hereof, it they and its Representatives: their Representatives (a) have received access to (i) such books and records, facilities, properties, premises, equipment, contracts Contracts and other assets of Parent the Company and its SubsidiariesSubsidiaries that they and their Representatives, and as of the Parent Portfolio Companiesdate hereof, which Parent and its Representatives have made available requested to them review and (ii) the electronic data room rooms established on behalf of the Company in connection with the transactions transaction contemplated hereby; hereby and (b) have received and may continue to receive from Parent and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities opportunity to meet with the management of Parent the Company and its Subsidiaries and to discuss the business and assets of the Company and its Subsidiaries. Parent and its Subsidiaries and the Parent Portfolio Companies. The Company Acquisition Sub each acknowledges and agrees that that, except for the representations and warranties expressly set forth in Article IV and any certificate delivered hereunder, (xA) there neither the Company nor any of its Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Merger and Parent and Acquisition Sub are uncertainties inherent not relying on any representation or warranty except for those expressly set forth in attempting Article IV, (B) no Person has been authorized by the Company or any of its Subsidiaries to make Parent Forecasts, any representation or warranty relating to itself or its business or otherwise in connection with which the Company is familiarMerger, and the Company is taking full responsibility for making its own evaluation of the adequacy if made, such representation or warranty must not be relied upon by Parent or Acquisition Sub as having been authorized by such entity and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts)C) any estimate, and the Company shall have no claim against projection, prediction, data, financial information, memorandum, presentation or any other materials or information provided or addressed to Parent, its Subsidiaries or the Parent External Adviser, Acquisition Sub or any of their respective Representatives, including any materials or information made available in the Parent Portfolio Companieselectronic data rooms in connection with the transaction or delivered via confidential information memorandum, in connection with respect presentations by the Company’s management or otherwise, are not and shall not be deemed to be or include representations or warranties unless and to the extent any such materials or information is the subject of any express representation or warranty set forth in Article IV. Each of Parent Forecasts and (y) the Company Acquisition Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, the Company and its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated herebyby this Agreement, including the MergersMerger, the Company each of Parent and Acquisition Sub has relied on the results of its own independent review and analysis. The Company further acknowledges analysis and agrees that (1) any Parent Forecastthe covenants, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant hereto, (A) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies or any of the respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing contained in this Section 3.30 shall apply to or limit any claim for FraudAgreement.
Appears in 1 contract
Sources: Merger Agreement
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company acknowledges that, as of the date hereof, it and its Representatives: (a) Each of Parent and Acquisition Sub acknowledges that the Parent Parties (i) have received full and complete access to (iA) such books and records, facilities, properties, premises, equipment, contracts Contracts and other properties and assets of Parent the Company and its SubsidiariesSubsidiaries which they and their Representatives and such Affiliates have desired or requested to see or review and (B) the VDR, and the Parent Portfolio Companies, which Parent and its Representatives have made available to them and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities full opportunity to meet with the management officers and employees of Parent the Company and its Subsidiaries and to discuss the business and assets of Parent the Company and its Subsidiaries and (iii) have had an adequate opportunity to make such legal, factual and other inquiries and investigation as they deem necessary, desirable or appropriate with respect to the Company and each of its Subsidiaries.
(b) Except for the representations and warranties expressly set forth in this Article V and the other Transaction Documents, neither Parent nor Acquisition Sub nor any other Person on behalf of Parent or Acquisition Sub makes (and ▇▇▇▇▇▇, on behalf of itself, the other Parent Parties, and their respective Representatives, hereby disclaims) any express or implied representation or warranty with respect to Parent, Acquisition Sub, its Subsidiaries or any of their respective businesses, operations, properties, assets, liabilities or otherwise in connection with this Agreement, the Merger or the other transactions contemplated hereby, including as to the accuracy or completeness of any information.
(c) Except for the representations and warranties expressly set forth in Article IV, each of the Parent Portfolio Companies. The Company Parties acknowledges and agrees that (xi) none of the Company, the Company’s Subsidiaries or any other Person on behalf of the Company or any of the Company’s Subsidiaries makes, or has made, any express or implied representation or warranty with respect to the Company or any of the Company’s Subsidiaries or with respect to the accuracy or completeness of any information provided, or made available, to the Parent Parties or their Representatives, including with respect to the Company and its Subsidiaries respective businesses, operations, assets, liabilities, conditions (financial or otherwise), prospects or otherwise in connection with this Agreement, the Merger or the other transactions contemplated by this Agreement, and the Parent Parties and their Representatives are not relying on, and waive any claim based on reliance on, any representation, warranty or other information of the Company or any Person except for those expressly set forth in Article IV, and (ii) no Person has been authorized by the Company, the Company’s Subsidiaries or any other Person on behalf of the Company to make any representation or warranty relating to the Company, its Subsidiaries or their respective businesses or otherwise in connection with this Agreement, the Merger or the other transactions contemplated hereby, and if made, such representation or warranty shall not be relied upon by the Parent Parties as having been authorized by such entity. Without limiting the generality of the foregoing, the Parent Parties acknowledge and agree that none of the Company, any of the Company’s Subsidiaries or any other Person has made a representation or warranty (including as to accuracy or completeness) to the Parent Parties with respect to, and none of the Company, any of the Company’s Subsidiaries or any other Person shall be subject to any liability to the Parent Parties or any other Person resulting from, the Company or any of the Company’s Subsidiaries or their respective Representatives or Affiliates providing, or making available, to the Parent Parties or their respective Representatives, or resulting from the omission of, any estimate, projection, prediction, forecast, data, financial information, memorandum, presentation or any other materials or information, including any materials or information made available to the Parent Parties or their respective Representatives in connection with presentations by the Company’s management or in the VDR. Parent and Acquisition Sub acknowledge that there are uncertainties inherent in attempting to make estimates, projections, budgets, pipeline reports and other forecasts and plans, that they are familiar with such uncertainties and that each of Parent Forecasts, with which the Company is familiar, and the Company Acquisition Sub is taking full responsibility for making its own evaluation of the adequacy and accuracy of all Parent Forecasts (estimates, projections, budgets, pipeline reports and other forecasts and plans so furnished to it, including the reasonableness of the assumptions underlying such Parent Forecasts)estimates, projections, budgets, pipeline reports and the Company shall have no claim against Parent, its Subsidiaries or other forecasts and plans. Each of the Parent External Adviser, or any of their respective Representatives, or the Parent Portfolio Companies, with respect to any such Parent Forecasts and (y) the Company Parties acknowledges that it has conducted, to its satisfaction, its own independent review and analysis investigation of the businessescondition (financial or otherwise), assetsoperations, condition, operations assets and prospects business of Parent, the Company and its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the Merger and the other transactions contemplated herebyby this Agreement, including each of the Mergers, the Company Parent Parties has relied solely on the results of its own independent review investigation and analysis. The Company further acknowledges the representations and agrees that (1) any Parent Forecastwarranties set forth in Article IV and has not relied, datadirectly or indirectly, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including on any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material Parent Parties or information is the subject of an express representation their Representatives by or warranty set forth in Article IV or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant hereto, (A) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies or any on behalf of the respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to or limit any claim for FraudCompany.
Appears in 1 contract
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company acknowledges that, as (a) Each of the date hereof, Acquiring Parties and Merger Sub acknowledges that it and its Representatives: Representatives and applicable Affiliates (ai) have received full and complete access to (i) such books and recordsthe VDR, facilities, properties, premises, equipment, contracts and other assets of Parent and its Subsidiaries, and the Parent Portfolio Companies, which Parent and its Representatives have made available to them and (ii) the electronic data room in connection with the transactions contemplated hereby; (b) have received and may continue to receive from Parent and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities an opportunity to meet with the management officers and employees of Parent the Company and its Subsidiaries and to discuss the business and assets of Parent the Company and its Subsidiaries and (iii) have had an opportunity to make such legal, factual and other inquiries and investigation as they deem necessary, desirable or appropriate with respect to the Parent Portfolio Companies. The Company and its Subsidiaries.
(b) Except for the representations and warranties expressly set forth in this Article V or any certificate delivered hereunder, neither of the Acquiring Parties nor Merger Sub nor any other Person on behalf of any of the Acquiring Parties or Merger Sub makes (and each of the Acquiring Parties, on behalf of itself, its Subsidiaries, and their respective Affiliates and Representatives, hereby disclaims) and the Company has not relied on, any express or implied representation or warranty with respect to any of the Acquiring Parties, Merger Sub or any of their respective Subsidiaries, businesses, operations, properties, assets, liabilities or otherwise in connection with this Agreement, the Merger or the other transactions contemplated hereby, including as to the accuracy or completeness of any information.
(c) Except for the representations and warranties expressly set forth in Article IV or any certificate delivered hereunder, each of the Acquiring Parties and Merger Sub acknowledges and agrees that (xi) none of the Company, the Company’s Subsidiaries or any other Person on behalf of the Company or any of the Company’s Subsidiaries makes, or has made, any express or implied representation or warranty with respect to the Company or any of the Company’s Subsidiaries or with respect to the accuracy or completeness of any information provided, or made available, to any of the Acquiring Parties, Merger Sub or any of their Affiliates or Representatives, including with respect to the Company and its Subsidiaries’ respective businesses, operations, assets, liabilities, conditions (financial or otherwise), prospects or otherwise in connection with this Agreement, the Merger or the other transactions contemplated by this Agreement, and each of the Acquiring Parties and Merger Sub and their respective Representatives and Affiliates are not relying on, and waive any claim based on reliance on, any representation, warranty or other information of the Company or any Person except for those expressly set forth in Article IV or any certificate delivered hereunder and (ii) no Person has been authorized by the Company, the Company’s Subsidiaries or any other Person on behalf of the Company to make any representation or warranty relating to the Company, its Subsidiaries or their respective businesses or otherwise in connection with this Agreement, the Merger or the other transactions contemplated hereby, and if made, such representation or warranty shall not be relied upon by any of the Acquiring Parties or Merger Sub as having been authorized by such entity. Without limiting the generality of the foregoing, each of the Acquiring Parties and Merger Sub acknowledges and agrees that, except for the representations and warranties expressly set forth in Article IV, none of the Company, any of the Company’s Subsidiaries or any other Person has made a representation or warranty (including as to accuracy or completeness) to any of the Acquiring Parties or Merger Sub with respect to, and none of the Company, any of the Company’s Subsidiaries or any other Person shall be subject to any liability to any of the Acquiring Parties, Merger Sub or any other Person resulting from, the Company or any of the Company’s Subsidiaries or their respective Representatives or Affiliates providing, or making available, to any of the Acquiring Parties, Merger Sub or any of their Affiliates or their respective Representatives, or resulting from the omission of, any estimate, projection, prediction, forecast, data, financial information, memorandum, presentation or any other materials or information, including any materials or information made available to any of the Acquiring Parties and/or their Representatives or Affiliates in connection with presentations by the Company’s management or in the VDR. Each of the Acquiring Parties and Merger Sub acknowledges that there are uncertainties inherent in attempting to make Parent Forecastsestimates, projections, budgets, pipeline reports and other forecasts and plans, that they are familiar with which such uncertainties and that each of the Company is familiar, Acquiring Parties and the Company is Merger Sub are taking full responsibility for making its own evaluation of the adequacy and accuracy of all Parent Forecasts (estimates, projections, budgets, pipeline reports and other forecasts and plans so furnished to it, including the reasonableness of the assumptions disclosed to it underlying such Parent Forecasts)estimates, projections, budgets, pipeline reports and other forecasts and plans. Each of the Company shall have no claim against Parent, its Subsidiaries or the Parent External Adviser, or any of their respective Representatives, or the Parent Portfolio Companies, with respect to any such Parent Forecasts Acquiring Parties and (y) the Company Merger Sub acknowledges that it has conducted, to its satisfaction, its own independent review and analysis investigation of the businessescondition (financial or otherwise), assetsoperations, condition, operations assets and prospects business of Parent, the Company and its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the Merger and the other transactions contemplated herebyby this Agreement, including each of the Mergers, the Company Acquiring Parties and Merger Sub has relied solely on the results of its own independent review investigation and analysis. The Company further acknowledges the representations and agrees that (1) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty warranties set forth in Article IV or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant hereto, (A) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers and the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies or any of the respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to or limit any claim for FraudIV.
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Sources: Merger Agreement (Veoneer, Inc.)
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Buyer acknowledges that, as of the date hereof, it and its Representatives: Representatives (a) have received access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent each Group Company which it and its SubsidiariesRepresentatives, and as of the Parent Portfolio Companiesdate hereof, which Parent and its Representatives have made available requested to them and (ii) the electronic data room in connection with the transactions contemplated herebyreview; (b) have received and may continue to receive from Parent Seller and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, information regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, Group Companies and their respective businesses and operations (collectively, “Parent Forecasts”)operations; and (c) have had opportunities to meet with the management of Parent and its Subsidiaries and opportunity to discuss the business and assets of Parent and its Subsidiaries and the Parent Portfolio Group Companies. The Company Buyer acknowledges and agrees that (xi) there are uncertainties inherent in attempting to make Parent Forecastsforecasts, with which the Company Buyer is familiar, and the Company Buyer is taking full responsibility for making its own evaluation of the adequacy and accuracy of all Parent Forecasts forecasts (including the reasonableness of the assumptions underlying such Parent Forecastsforecasts), and the Company Buyer shall not have no any claim against Parent, its Subsidiaries or the Parent External Adviser, Seller or any of their respective Representatives, or the Parent Portfolio Companies, its Representatives with respect to any such Parent Forecasts forecasts and (yii) the Company without limiting any representation or warranty expressly set forth herein, Buyer has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, its Subsidiaries and the Parent Portfolio Group Companies and, in making its determination to proceed with the transactions contemplated herebyTransaction, including the Mergers, the Company Buyer has relied on the results of its own independent review and analysis. The Company Buyer further acknowledges and agrees that (1A) any Parent Forecastforecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed delivered to the Company Buyer or any of its Representatives, including any materials or information made available in the electronic data room to them in connection with the transactions contemplated herebyTransaction, via confidential information packet, in connection with management presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV III or in any certificate delivered pursuant hereto; Article IV, as applicable, and (2B) except for the representations and warranties expressly set forth in Article IV III or in any certificate delivered pursuant hereto, Article IV
(A1) none of Parent, neither Seller nor any of Parent’s Subsidiaries, the Parent External Adviser or any other Person its Representatives makes, or has made, any representation or warranty relating to itself or its the business of the Group Companies or otherwise in connection with the Mergers Transaction and the Company Buyer is not relying on (and Buyer shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies or any of the respective Representatives thereof Seller in respect of of) any such representation or warranty and (B2) no Person has been authorized by Parent, any of Seller or its Subsidiaries or the Parent External Adviser Representatives to make any representation or warranty relating to itself Seller or its the business or otherwise in connection with of the Mergers. Nothing in this Section 3.30 shall apply to or limit any claim for FraudGroup Companies.
Appears in 1 contract
Acknowledgment of Disclaimer of Other Representations and Warranties. The Company Each of Parent and Acquisition Sub acknowledges that, as of the date hereof, it they and its Representatives: their Representatives (a) have received full access to (i) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent the Company and its SubsidiariesSubsidiaries which they and their Representatives, and as of the Parent Portfolio Companiesdate hereof, which Parent and its Representatives have made available requested to them review and (ii) the electronic data room in connection with the transactions contemplated hereby; hereby and (b) have received and may continue to receive from Parent and its Subsidiaries and their respective Representatives certain estimates, forecasts, projections and other forward-looking information, as well as certain business plan information, regarding Parent and its Subsidiaries, and the Parent Portfolio Companies, and their respective businesses and operations (collectively, “Parent Forecasts”); and (c) have had opportunities full opportunity to meet with the management of Parent the Company and its Subsidiaries and to discuss the business and assets of the Company and its Subsidiaries. Parent and its Subsidiaries Acquisition Sub acknowledge and the agree that each of Parent Portfolio Companies. The Company acknowledges and agrees that (x) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is familiar, and the Company is taking full responsibility for making its own evaluation of the adequacy and accuracy of all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), and the Company shall have no claim against Parent, its Subsidiaries or the Parent External Adviser, or any of their respective Representatives, or the Parent Portfolio Companies, with respect to any such Parent Forecasts and (y) the Company Acquisition Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, the Company and its Subsidiaries and the Parent Portfolio Companies and, in making its determination to proceed with the transactions contemplated herebyby this Agreement, including the MergersMerger and the Financing, the Company each of Parent and Acquisition Sub has relied on the results of its own independent review and analysis. The Company Parent and Acquisition Sub each further acknowledges and agrees that (1) any Parent Forecast, data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and shall not be deemed to constitute or be the subject of any representation or warranty unless and only to the extent any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant hereto; and (2) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant heretoIV, (A1) none of Parent, neither the Company nor any of Parent’s Subsidiaries, the Parent External Adviser or any other Person its Subsidiaries makes, or has made, any representation or warranty relating to itself or its business or otherwise in connection with the Mergers Merger and the Company Parent and Acquisition Sub are not relying on (and Parent and Acquisition Sub shall have no claim against Parent, the Company or any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies Subsidiaries or any of the their respective Representatives thereof in respect of of) any such representation or warranty and (B2) no Person has been authorized by Parent, the Company or any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in this Section 3.30 shall apply to Merger, and if made, such representation or limit any claim for Fraudwarranty must not be relied upon by Parent or Acquisition Sub as having been authorized by such entity.
Appears in 1 contract
Acknowledgment of Disclaimer of Other Representations and Warranties. (a) The Company acknowledges that, as of the date hereof, that it and its Representatives: (ai) have received access to (iA) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent and its Subsidiaries, and the Parent Portfolio Companies, which Parent and its Representatives have made available to them Parties and (iiB) the electronic data room in connection with the transactions contemplated hereby; (bii) have received and may continue to receive from the Parent and its Subsidiaries Parties and their respective Representatives certain estimates, forecasts, projections and other forward-looking informationinformation regarding the assets, liabilities, financial condition, operations and prospects, as well as certain forward-looking business plan information, regarding Parent and its Subsidiaries, and of the Parent Portfolio Companies, Parties and their respective businesses and operations (collectively, “Parent Forecasts”); and (ciii) have had opportunities to meet with the management of the Parent and its Subsidiaries Parties and to discuss the Parent’s businesses, assets, liabilities, financial condition, operations and business and assets of Parent and its Subsidiaries and plan information, as well as the Parent Portfolio Companies. Forecasts.
(b) The Company acknowledges and agrees that (xi) there are uncertainties inherent in attempting to make Parent Forecasts, with which the Company is familiar, and ; (ii) Parent makes no representation or warranty whatsoever regarding any Parent Forecast; (iii) the Company is taking full responsibility for making its own evaluation of the adequacy and accuracy of all information provided and all Parent Forecasts (including the reasonableness of the assumptions underlying such Parent Forecasts), ; and (iv) the Company shall have no claim against Parent, its Subsidiaries or the Parent External Adviser, Parties or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Parent Forecasts Forecasts.
(c) The Company further acknowledges and agrees that: (yi) the Company has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, its Subsidiaries and the Parent Portfolio Companies and, Parties; (ii) in making its determination to proceed with the transactions contemplated hereby, including the Mergers, the Company has relied on the results of its own independent review and analysis. The Company further acknowledges ; (iii) no Parent Forecast is, and agrees that no Parent Forecast shall be deemed to constitute or be, the subject of any representation or warranty; (1iv) any Parent Forecast, no other data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company or any of its Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parent’s management or otherwise, are not and or shall not be deemed to constitute or be the subject of any representation or warranty warranty, unless (and only to the extent extent) any such material or information is the subject of an express representation or warranty set forth in Article IV or in any certificate delivered pursuant heretounder this Agreement; and (2v) except for the representations and warranties expressly set forth in Article IV or in any certificate delivered pursuant heretounder this Agreement, (A) no Person has been authorized by the Parent Parties to make any representation or warranty relating to itself or Parent or any of their respective assets, liabilities, financial condition, operations, prospects, business or business plans, or otherwise in connection with the Mergers, (B) none of Parent, any of Parent’s Subsidiaries, the Parent External Adviser or any other Person Parties makes, or has made, any representation or warranty relating to itself or its assets, liabilities, financial condition, operations, prospects, business or business plans, or otherwise in connection with the Mergers Mergers, and (C) the Company shall have no claim against Parent, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies Parties or any of the their respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, not expressly set forth in Article IV or in any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing in certificate delivered under this Section 3.30 shall apply to or limit any claim for FraudAgreement.
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Acknowledgment of Disclaimer of Other Representations and Warranties. The Company (a) Each of Parent and Merger Sub acknowledges that, as of the date hereof, that it and its Representatives: (ai) have received access to (iA) such books and records, facilities, properties, premises, equipment, contracts and other assets of Parent and its Subsidiaries, and the Parent Portfolio Companies, which Parent and its Representatives have made available to them Company Parties and (iiB) the electronic data room in connection with the transactions contemplated hereby; (bii) have received and may continue to receive from Parent and its Subsidiaries the Company Parties and their respective Representatives certain estimates, forecasts, projections and other forward-looking informationinformation regarding the assets, liabilities, financial condition, operations and prospects, as well as certain forward-looking business plan information, regarding Parent and its Subsidiaries, and of the Parent Portfolio Companies, Company Parties and their respective businesses and operations (collectively, “Parent Company Forecasts”); and (ciii) have had opportunities to meet with the management of Parent and its Subsidiaries the Company Parties and to discuss the Company’s businesses, assets, liabilities, financial condition, operations and business and assets of plan information, as well as the Company Forecasts.
(b) Parent and its Subsidiaries Merger Sub acknowledge and the Parent Portfolio Companies. The Company acknowledges and agrees agree that (xi) there are uncertainties inherent in attempting to make Parent Company Forecasts, with which Parent and Merger Sub are familiar; (ii) the Company is familiar, makes no representation or warranty whatsoever regarding any Company Forecast; (iii) Parent and the Company is Merger Sub are taking full responsibility for making its their own evaluation of the adequacy and accuracy of all Parent information provided and all Company Forecasts (including the reasonableness of the assumptions underlying such Parent Company Forecasts), ; and (iv) neither Parent nor Merger Sub shall have any claim against the Company shall have no claim against ParentParties, its Subsidiaries or the Parent External Adviser▇▇▇▇▇▇▇▇ Capital Advisers, ▇▇▇▇▇▇▇▇ Investment Group or any of their respective Representatives, or the Parent Portfolio Companies, Representatives with respect to any such Company Forecasts.
(c) Parent Forecasts and Merger Sub further acknowledge and agree that (yi) the Company each of Parent and Merger Sub has conducted, to its satisfaction, its own independent review and analysis of the businesses, assets, condition, operations and prospects of Parent, its Subsidiaries and the Parent Portfolio Companies and, Company Parties; (ii) in making its determination to proceed with the transactions contemplated hereby, including the Mergers, the Company each of Parent and Merger Sub has relied on the results of its own independent review and analysis. The ; (iii) no Company further acknowledges Forecast is, and agrees that no Company Forecast shall be deemed to constitute or be, the subject of any representation or warranty; (1iv) any Parent Forecast, no other data, financial information, memorandum, presentation or any other materials or information provided or addressed to the Company Parent, Merger Sub or any of its their Representatives, including any materials or information made available in the electronic data room in connection with the transactions contemplated hereby, via confidential information packet, in connection with presentations by Parentthe Company’s management or otherwise, are not and or shall not be deemed to constitute or be the subject of any representation or warranty warranty, unless (and only to the extent extent) any such material or information is the subject of an express representation or warranty set forth in Article IV III or in any certificate delivered pursuant heretounder this Agreement; and (2v) except for the representations and warranties expressly set forth in Article IV III or in any certificate delivered pursuant heretounder this Agreement, (A) no Person has been authorized by the Company Parties, ▇▇▇▇▇▇▇▇ Capital Advisers or ▇▇▇▇▇▇▇▇ Investment Group to make any representation or warranty relating to itself or the Company or any of their respective assets, liabilities, financial condition, operations, prospects, business or business plans, or otherwise in connection with the Mergers, (B) none of Parentthe Company Parties, any of Parent’s Subsidiaries, the Parent External Adviser ▇▇▇▇▇▇▇▇ Capital Advisers or any other Person ▇▇▇▇▇▇▇▇ Investment Group makes, or has made, any representation or warranty relating to itself or its assets, liabilities, financial condition, operations, prospects, business or otherwise in connection with the Mergers and the Company shall have no claim against Parentbusiness plans, any of its Subsidiaries, the Parent External Adviser, any Parent Portfolio Companies or any of the respective Representatives thereof in respect of any such representation or warranty and (B) no Person has been authorized by Parent, any of its Subsidiaries or the Parent External Adviser to make any representation or warranty relating to itself or its business or otherwise in connection with the Mergers. Nothing , and (C) Parent and Merger Sub shall have no claim against the Company Parties, ▇▇▇▇▇▇▇▇ Capital Advisers or ▇▇▇▇▇▇▇▇ Investment Group or their respective Representatives in respect of any representation or warranty not expressly set forth in Article III or in any certificate delivered under this Section 3.30 shall apply to or limit any claim for FraudAgreement.
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