Common use of Representations and Warranties of New Operator Clause in Contracts

Representations and Warranties of New Operator. AS AN INDUCEMENT TO OLD OPERATOR TO ENTER INTO THIS AGREEMENT, NEW OPERATOR COVENANTS AND MAKES THE FOLLOWING REPRESENTATIONS AND WARRANTIES SET FORTH BELOW, WHICH ARE TRUE AND CORRECT AS OF THE EFFECTIVE DATE AND WHICH SHALL BE TRUE AND CORRECT ON THE CLOSING DATE:

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement