REPRESENTATIONS AND WARRANTIES OF DSKX AND MERGER SUB Sample Clauses
The "Representations and Warranties of DSKX and Merger Sub" clause sets out the specific statements of fact and assurances that DSKX and its subsidiary (the Merger Sub) make to the other party in a merger agreement. These representations typically cover matters such as the legal authority to enter into the agreement, the accuracy of financial statements, the absence of undisclosed liabilities, and compliance with laws. By providing these assurances, the clause allocates risk between the parties and ensures that the other party can rely on the truthfulness of key information when deciding to proceed with the transaction.
REPRESENTATIONS AND WARRANTIES OF DSKX AND MERGER SUB. As a material inducement to PHMD and Radiancy to enter into this Agreement and to consummate the Merger, each of DSKX and Merger Sub hereby jointly and severally represents and warrants to PHMD and the Company as follows: