Conditions to Obligations of Parent and Merger Sub .  The obligations of Parent and Merger Sub to effect the Merger shall be further subject to the satisfaction (or written waiver by Parent (to the extent permitted by applicable Law)) at or prior to the Effective Time of the following conditions: (d)  Representations and Warranties.  Each of the representations and warranties of the Company set forth in <omitted> (iv) the other representations and warranties of Article III shall be true and correct in all respects (without giving effect to any “materiality,” “Material Adverse Effect” or similar qualifiers contained in any such representations and warranties) in each case as -65- 

 


  of the date hereof and as of the Effective Time as though made on and as of such date (except to the extent that any such representation or warranty expressly is made as of an earlier date, in which case such representation and warranty shall be true and correct as of such specified date), except where the failures of any such representations and warranties to be so true and correct, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect; (Pages 74-75)

Conditions to Obligations of Parent and Merger Sub <omitted> (iv) the other representations and warranties of Article III shall be true and correct in all respects <omitted> except where the failures of any such representations and warranties to be so true and correct, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect; (Pages 74-75)

Conditions to Obligations of Parent and Merger Sub .  The obligations of Parent and Merger Sub to effect the Merger shall be further subject to the satisfaction (or written waiver by Parent (to the extent permitted by applicable Law)) at or prior to the Effective Time of the following conditions: (d)  Representations and Warranties.  Each of the representations and warranties of the Company set forth in <omitted> (ii) Section 3.3(a) and Section 3.3(b) [Capitalization] shall be true and correct in all respects as of the date hereof and as of the Effective Time as though made on and as of such date (except to the extent that any such representation or warranty expressly is made as of an earlier date, in which case such representation and warranty shall be true and correct as of such specified date), other than for issuances permitted pursuant to this Agreement and other than for inaccuracies that, in the aggregate, do not increase the aggregate consideration payable by Parent pursuant to Article II in more than a de minimis respect (Page 74)

Conditions to Obligations of Parent and Merger Sub <omitted> Each of the representations and warranties of the Company set forth in <omitted> (ii) Section 3.3(a) and Section 3.3(b) [Capitalization] shall be true and correct in all respects <omitted> other than for inaccuracies that, in the aggregate, do not increase the aggregate consideration payable by Parent pursuant to Article II in more than a de minimis respect (Page 74)

Authority.  <omitted> This Agreement has been duly and validly executed and delivered by the Company and, assuming the due authorization, execution and delivery hereof by Parent and Merger Sub, constitutes a legal, valid and binding obligation of the Company enforceable against the Company in accordance with its terms <omitted> . The Board of Directors of the Company, at a duly called and held meeting, has <omitted> (ii) approved the execution, delivery and performance of this Agreement 
<omitted>

Conditions to Obligations of Parent and Merger Sub .  The obligations of Parent and Merger Sub to effect the Merger shall be further subject to the satisfaction (or written waiver by Parent (to the extent permitted by applicable Law)) at or prior to the Effective Time of the following conditions: (d)  Representations and Warranties.  Each of the representations and warranties of the Company set forth in (i) Section 3.1  [Organization and Qualification; Subsidiaries], Section 3.3(c) and (d)  [Capitalization], Section 3.4  [Authority], Section 3.19  [Opinion of Financial Advisor], Section 3.20  [Brokers] and Section 3.21  [Takeover Statutes]  shall be true and correct in all material respects as of the date hereof and as of the Effective Time as though made on and as of such date (except to the extent that any such representation or warranty expressly is made as of an earlier date, in which case such representation and warranty shall be true and correct as of such specified date) <omitted> (iii) Section 3.9(c)[Absence of Certain Changes or Events] shall be true and correct in all respects as of the date hereof and as of the Effective Time as though made on and as of such date (Page 74)

Authority.  <omitted> This Agreement has been duly and validly executed and delivered by the Company and, assuming the due authorization, execution and delivery hereof by Parent and Merger Sub, constitutes a legal, valid and binding obligation of the Company enforceable against the Company in accordance with its terms <omitted> . The Board of Directors of the Company, at a duly called and held meeting, has <omitted> (ii) approved the execution, delivery and performance of this Agreement 
<omitted>

Conditions to Obligations of Parent and Merger Sub <omitted> Each of the representations and warranties of the Company set forth in (i) Section 3.1  [Organization and Qualification; Subsidiaries], Section 3.3(c) and (d)  [Capitalization], Section 3.4  [Authority], Section 3.19  [Opinion of Financial Advisor], Section 3.20  [Brokers] and Section 3.21  [Takeover Statutes]  shall be true and correct in all material respects <omitted> (iii) Section 3.9(c)[Absence of Certain Changes or Events] shall be true and correct in all respects (Page 74)

Question: Accuracy of Fundamental Target R&Ws-Types of R&Ws
Subquestion: Opinion of Financial Advisor
Answer: Capitalization-Other, Authority, Approval, Enforceability, Organization, Subsidiaries, No MAE, Brokers' Fee, Takeover Statutes, Opinion of Financial Advisor