Common use of False Entry Clause in Contracts

False Entry. Any false entry in the books, accounts or records of Grantee or false statement in the reports to the Grantor or the Board as to a material fact knowingly made by or with the knowledge of an officer of Grantee, shall constitute a material violation of this Franchise. However, an erroneous entry, made in good faith, shall not constitute a violation of this Franchise.‌‌

False Entry. Any false entry in the books, accounts or records of Grantee or false statement in the reports to the Grantor or the Board as to a material fact knowingly made by or with the knowledge of an officer of Grantee, shall constitute a material violation of this Franchise. However, an erroneous entry, made in good faith, shall not constitute a violation of this Franchise.‌‌Franchise.