Common use of Warranties True as of Both Present Date and Closing Date Clause in Contracts

Warranties True as of Both Present Date and Closing Date. The representations and warranties of Buyer contained herein shall be true and correct in all material respects on and as of the Closing Date (except for representations and warranties made as of a specified date, which shall be true and correct in all material respects as of that date) with the same force and effect as though made by Buyer on and as of the Closing Date, except those qualified by materiality shall be true and correct in all respects. Buyer shall have performed and complied in all material respects with the obligations and covenants required by this Agreement to be performed or complied with by Buyer on or prior to the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Calpian, Inc.)

Warranties True as of Both Present Date and Closing Date. The representations and warranties of Buyer Purchaser contained herein shall be true and correct in all material respects on and as of the Closing Date (except for representations and warranties made as of a specified date, which shall be true and correct as of that date in all material respects as of that daterespects) with the same force and effect as though made by Buyer Purchaser on and as of the Closing Date, except those qualified by materiality shall be true and correct in all respects. Buyer Purchaser shall have performed and complied in all material respects with the obligations and covenants required by this Agreement to be performed or complied with by Buyer Purchaser on or prior to the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Rowe Companies)