IIM’s Representations Regarding the Lease Applications Clause Samples
This clause sets out the specific statements or assurances that IIM makes concerning the lease applications involved in the agreement. Typically, it requires IIM to confirm the accuracy, completeness, and validity of the information provided in the lease applications, such as tenant details, financial data, or compliance with relevant laws. By including these representations, the clause ensures that the other party can rely on the integrity of the lease application process, thereby reducing the risk of disputes or misrepresentations.
IIM’s Representations Regarding the Lease Applications. IIM makes no representations or warranties regarding the likelihood that all or any of the Lease Applications will become Leases; however, during the Term of this Agreement, IIM shall indemnify and holds harmless ALY from any claims, demands and legal actions by ▇▇▇▇▇▇ and/or NWK, any individuals as past or present principals of NWK or as interested parties in association with NWK arising out of or related to the Lease Applications or Properties. Both during and subsequent to the Term of this Agreement, IIM shall cooperate with ALY in any action of ALY in defense of any claims, demands and legal actions by ▇▇▇▇▇▇ and NWK and certain individuals as principals of NWK or as interested parties in association with NWK arising out of or related to the Lease Applications or Properties.