Common use of Continuing Effect of Representations and Warranties Clause in Contracts

Continuing Effect of Representations and Warranties. The representations and warranties of the Company contained in this Section 4, (i) are true and accurate as of the date of this Agreement, (ii) shall be true and accurate as of the date of acceptance of the Investor's subscription by the Company, and (iii) shall survive such acceptance for one year. If such representations and warranties shall not be true and accurate in any respect prior to such acceptance, the Company shall give immediate written notice of such fact to the Investor and to his or her purchaser representative(s), if any, specifying which representations and warranties are not true and accurate and the reasons therefor.