representations and warranties clause - Axtarish в Google
A representation and warranty clause is a provision in a contract where one party, at a certain point such as at the time of contract conclusion, makes a statement to the other party about certain facts related to the contracting party, the contract content, facts related to the contract, or facts about business ...
5 мар. 2024 г.
The representations and warranties allocate risk between the parties and serve as the foundation for an indemnification claim in case of a breach or ...
Representations and Warranties. Statements of fact or promises made by the parties, upon which the other parties rely as part of entering into the contract.
Representations and warranties are statements of fact and assurances provided by parties in a legal contract. They are used to affirm that certain conditions or ...
Each of the representations and warranties of the Company contained in Section2 shall be true and accurate in all material respects on and as of the Closing.
Representations and warranties are essential provisions in commercial contracts as they establish trust and provide assurances to the relying party. Careful ...
Representations and Warranties. The representations and warranties of the Purchaser contained in Section 3 shall be true and correct at and as of such Closing ...
This clause states the seller's fundamental representations and general warranties in the agreement. It may include general indemnification provisions and ...
These representations and warranties clauses are for use in a commercial contract and serve to fill the built-in information gap between the parties.
25 февр. 2021 г. · A warranty is a promise that an assertion or condition is true, and it indemnifies the other party in the event the assertion or condition is false.
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