Common use of Representations and Warranties - General Clause in Contracts

Representations and Warranties - General. Each of the representations and warranties of or in respect of the Company contained in Article IV or elsewhere in this Agreement shall be true and correct as of the date of this Agreement and shall be true and correct as of the Closing Date, except for representations and warranties which address matters only as of a particular date, which representations and warranties shall be true and correct as of such date, except for failures of representations and warranties to be true and correct as and as of the dates as aforesaid which are not Material. For the purpose of determining the truth and correctness of such representations and warranties, the Updated Company Disclosure Schedules, and any other update or modification to the Original Company Disclosure Schedules made or purported to have been made after the date of this Agreement, shall be disregarded.