Fraudulent Misrepresentations Clause Samples

The Fraudulent Misrepresentations clause defines the parties' rights and remedies in the event that one party intentionally provides false information to induce the other into the agreement. Typically, this clause clarifies that if a party is found to have made a fraudulent misrepresentation, the other party may seek remedies such as rescission of the contract or damages. Its core function is to protect parties from deceitful conduct and to deter intentional dishonesty by establishing clear consequences for fraudulent behavior.
Fraudulent Misrepresentations. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation.