Common use of Warranty and Undertaking Clause in Contracts

Warranty and Undertaking. The Seller: (a) warrants to the Purchaser that from (but excluding) the Locked Box Date to (and including) the date of this Agreement, there has been; and (b) undertakes to the Purchaser to procure that from the date of this Agreement to (and including) the Completion Date, there will be,

Warranty and Undertaking. The Each Seller: (a) warrants to the Purchaser that from (but excluding) the Locked Box Date to (and including) the date of this Agreement, there has been; and (b) undertakes to the Purchaser to procure that from the date of this Agreement to (and including) the Completion Date, there will be,, no Leakage, provided that no Seller shall have any liability to the Purchaser under Clause 11.1 or 11.4 if Completion does not occur.