REPRESENTATIONS AND WARRANTIES OF BUYER AND OF CONTROLLING SHAREHOLDERS Clause Samples

REPRESENTATIONS AND WARRANTIES OF BUYER AND OF CONTROLLING SHAREHOLDERS. Buyer and Controlling Shareholders, jointly and severally, hereby represent and warrant to Seller that: 4.1 Each one of them is a limited company which was and is still organized lawfully, and its acts are lawful; this representation shall not apply with respect to Buyer and/or Controlling Shareholders who are individuals. 4.2 No measures were taken for the dissolution, liquidation, deletion, bankruptcy, receivership or proceedings under Section 350 of the Companies Law, against or with respect to any one of them, and there is against any one of them no threat or intention of instituting legal proceedings as aforesaid, or other legal proceedings, and, within this framework, no attachment and/or security interest is imposed on their assets, which could affect their engagement in or performance of this Agreement. 4.3 On the date of execution of this Agreement by Buyer and Controlling Shareholders, Buyer and Controlling Shareholders have furnished to Seller, and attached to this Agreement, the following appendices, all of which are Correct, Full and Accurate: