Fundamental representations and warranties may have a 3-5 year survival period, whereas intermediate and non-fundamental warranties may have 18-24 month ...

R&W policies cover certain types of losses or damages incurred by the insured (usually the buyer) arising from a seller's breach of representations and ...

Fundamental Representations and Warranties means the representations and warranties contained in Sections 3.1, 3.2, 3.6, 4.1 and 4.3. “GAAP” means generally ...

28 авг. 2024 г. · A warranty is an assurance. Reps and warranties are one of the most critical and heavily negotiated aspects of a purchase agreement. While it is ...

23 июн. 2022 г. · The sellers and buyers may agree on a set of fundamental representations and warranties given by the sellers which should not be qualified in ...

Those that are most important are termed “Fundamental.” Determining which Reps are Fundamental is often heavily negotiated and can change from deal to deal.

16 мая 2024 г. · “Special” or “fundamental” reps and warranties — e.g., capitalization, lack of broker involvement, good standing, enforceability and authority ...

15 авг. 2023 г. · Fundamental Representations: Basic assurances about the seller's legitimate ownership of assets and their authority to enter into the agreement.

Warranties go beyond representations by guaranteeing the truth of the statements made. They define the conditions of the contract at some point in the future.

Fundamental Reps means the representations and warranties of the Company contained in Section 3.01, Section 3.02, Section 3.03, Section 3.04(a), Section 3.05 ...