Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 154

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 154
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 have contributed to such change independently constitutes or contributes to a Material Adverse Effect; or

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earthquakes, hurricanes, tsunamis, tornadoes, floods, mudslides, wildfires or other natural disasters, weather conditions, epidemics, pandemics or disease outbreaks and other force majeure events;

except, with respect to the first five and the tenth bullets above, to the extent that such effect has had a disproportionate adverse effect on TrueCar and its subsidiaries, taken as a whole, relative to other participants in the industries in which TrueCar and its subsidiaries operate, such effect may be taken into account in determining whether a Material Adverse Effect has occurred to the extent it has a disproportionate adverse effect.

In the Merger Agreement, TrueCar has made customary representations and warranties to Parent and Merger Subsidiary that are subject, in some cases, to specified exceptions and qualifications contained in the Merger Agreement. These representations and warranties relate to, among other things:

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due organization, valid existence, good standing and authority and qualification to conduct business with respect to TrueCar;

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TrueCar’s corporate power and authority to enter into and perform the Merger Agreement;

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the necessary vote of Company Stockholders in connection with the Merger Agreement and the Transactions;

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the enforceability of the Merger Agreement;

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the necessary approval and recommendation of the Board in connection with the Merger Agreement and the Transactions;

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the organizational documents of TrueCar and its subsidiaries;

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required governmental consents, approvals and regulatory filings in connection with the Merger Agreement and performance thereof;

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the absence of any of the following as a result of TrueCar’s execution, delivery and performance of the Merger Agreement and the consummation of the transactions contemplated thereby: (i) conflicts, violations or breaches of the organizational documents of TrueCar or any of its subsidiaries; (ii) conflicts, violations or breaches of applicable laws; (iii) requirements to provide notices, obtain consents, make payments or take other actions under, the occurrence of breaches of or defaults under, or the ability of any Person to terminate or cancel, or accelerate or otherwise change the rights and obligations of the parties under, certain contracts; or (iv) liens being created or imposed on the assets of TrueCar or its subsidiaries;

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the capital structure of TrueCar;

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the subsidiaries of TrueCar;

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the absence of undisclosed securities, options, warrants or other rights convertible into or exchangeable