AND WARRANTIES Clause Examples
The 'AND WARRANTIES' clause serves to set out the guarantees and assurances that one or both parties make regarding certain facts or conditions in a contract. Typically, this clause outlines specific promises about the quality, performance, or legal status of goods, services, or information provided, such as confirming that a product is free from defects or that a party has the authority to enter into the agreement. Its core practical function is to allocate risk and establish clear expectations, providing a basis for recourse if the stated warranties are breached.
AND WARRANTIES. The Borrower represents and warrants to the Lenders that:
AND WARRANTIES. Title to the Product shall be deemed to pass from Seller to Purchaser at the Delivery Point. of Records: Seller shall provide Purchaser with all necessary documentation required to support and verify that delivery requirements have been met according to CARB regulations, including but not limited to documentation demonstrating that the source meets the CARB requirements of a Specified Source. Each Party agrees to retain and make available reasonably promptly after reasonable request all records required to be retained pursuant to Cap and Trade Regulations with respect to Specified Sources. Each Party is responsible for the safe, secure, and accessible storage of their own records. Upon Purchaser’s request, Seller shall provide copies of its documentation and records including all documents that Purchaser is required to maintain or provide to CARB in accordance with AB32 with respect to the original purchase. Seller shall maintain adequate records to assist Purchaser or CARB in meeting any present or future reporting, verification, transfer, registration, or retirement requirements associated with the Transaction. Nothing herein limits or waives any obligations of Seller or Purchaser to keep records or provide attestations provided in AB32.
AND WARRANTIES. Borrower represents and warrants to Lender as follows as of the date of this Loan Agreement:
AND WARRANTIES. Each Party represents and warrants to the other (i) that it is an “eligible commercial entity” and “eligible contract participant” within the meaning of the Commodity Exchange Act; (ii) this transaction has been subject to individual negotiation by the Parties; and, (iii) all necessary steps have been taken to allow the Green Attributes to be transferred to Purchaser to be tracked in WREGIS. Seller further represents and warrants to Purchaser that: Seller has the right to sell the Product and holds the rights to Seller’s Entitlement Interest in all Product from the Generating Facilities; Seller has not sold the Product or any Green Attribute of the Product to be transferred to Purchaser to any other person or entity; Energy and Green Attributes to be purchased and sold pursuant to this Confirmation are not committed to another party; Seller represents and warrants that electricity from the Generating Facilities is available to be procured by Purchaser, and Seller is not currently selling and will not sell the electricity produced by the Generating Facilities back to the Generating Facilities; the Product is free and clear of all liens or other encumbrances; and it will cooperate and work with Purchaser, the CEC, and/or the CPUC to provide any documentation required by the CPUC or CEC to support the Product’s classification as a Portfolio Content Category 1 Product as set forth in California Public Utilities Code Section 399.16(b)(1). Furthermore, Seller hereby sells and conveys all Green Attributes associated with the Product produced from the Generating Facilities (other than resource adequacy attributes and ancillary services) to Purchaser as part of the Portfolio Content Category 1 Product being delivered.
AND WARRANTIES. Each Grantor represents and warrants to and in favour of the Collateral Agent on the Closing Date, acknowledging and confirming that the Collateral Agent is relying on such representations and warranties without independent inquiry, as follows:
AND WARRANTIES. You hereby represent and warrant your employment with Clarivate or any of its subsidiaries as set forth herein and your execution and performance of this letter do not constitute a breach or violation of any other agreement, obligation or understanding with any third party. You represent that you are not bound by any agreement or any other existing or previous business relationship which conflicts with, or may conflict with, the performance of your obligations hereunder or prevent the full performance of your duties or obligations hereunder.
AND WARRANTIES. 1Representations and Warranties of MDS 4.2Representations and Warranties of Buyer
AND WARRANTIES. The WFOE hereby represents and warrants as follows:
AND WARRANTIES. The Borrower and its Restricted Subsidiaries represent and warrant to the Lenders that (it being understood that the following representations and warranties shall be deemed made with respect to any Foreign Subsidiary only to the extent relevant under applicable law); provided that, on the Closing Date, each such Person’s representations and warranties shall be limited to the Specified Representations:
AND WARRANTIES. To induce the Administrative Agent and the Lenders to enter into this Agreement and to make the Loans, the Borrower hereby represents and warrants to the Administrative Agent and each Lender (on the date of each borrowing hereunder and on the Reorganization Date, with LegacyCo being deemed to be the "Borrower" on the Reorganization Date) that: