INCORRECT STATEMENTS Sample Clauses
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INCORRECT STATEMENTS. Any statement made by any of the Obligors in SECTION 14 or in any document delivered pursuant to this Agreement is incorrect in any material respect when made or deemed to have been repeated; provided that, if any statement deemed to have been made by the Obligor pursuant to SECTION 14(3) shall have been incorrect solely by reason of the existence of a Termination Event or Potential Termination Event of which the Obligor was not aware when such statement was deemed to have been made and which was cured before or promptly after the Obligor became aware thereof, then such statement shall be deemed not to have been incorrect in any material respect.
INCORRECT STATEMENTS. SELLER agrees that if prior to CLOSING it shall discover that any representations, covenants and warranties of SELLER contained in this Agreement are incorrect, misleading or erroneous, it shall promptly notify BUYER in writing of such incorrect, misleading or erroneous statement, and if same is materially adverse to BUYER, in BUYER's reasonable judgment, BUYER shall have the right to terminate this Agreement and receive back all deposit monies paid by BUYER.
INCORRECT STATEMENTS. Any representation, statement, covenant, warranty or certificate made by Borrower in this Agreement or in any agreement or instrument executed pursuant hereto, or furnished to Lender in connection with any loan or loans hereunder, shall prove to have been incorrect in any material respect at the time of making or issuance thereof.
INCORRECT STATEMENTS. In case it is found that any untrue or incorrect statement is contained in the Proposal, personal statement, declaration or any connected documents or any material information is withheld or any material information is not promptly notified to the Company in writing, then and in any such event, but subject to provisions of Section 45 of the Insurance Act, 1938, this Policy shall be void and no Benefits shall be payable under this Policy
INCORRECT STATEMENTS. 16.1 In the event of any payment deemed as incorrect by the Company due to an incorrect statement by the Owner, the Owner must inform the Company accordingly and in writing, enclosing all documentation evidencing the inaccuracy.
16.2 In the event of a deficit due to the Owner’s incorrect statement, the Owner shall pay to the Company the amount of the difference plus a 20% (twenty per cent) surcharge of the difference.
INCORRECT STATEMENTS. 11.1 In the event of any payment deemed as incorrect by the Client due to an incorrect statement by the Client, the Client must inform the Supplier accordingly and in writing, enclosing all documentation evidencing the inaccuracy.
11.2 Subject to Clause 11.1, in the event the Supplier decides that the payment was incorrect, the surplus or deficit amount shall be settled via refund by either the Supplier or the Client accordingly.
11.3 In the event of a deficit due to the Client’s incorrect statement, the Client shall pay to the Supplier the amount of the difference plus a 15% (fifteen per cent) surcharge of the difference.
11.4 Pursuant to Clause 11.3, the Client shall be relieved of the 15% (fifteen per cent) surcharge if the Client notifies the Supplier of the difference in writing no later than 2 (two) days after the date of issuance of the invoice.
INCORRECT STATEMENTS. 16.1 In the event of any payment deemed as incorrect by the Company due to an incorrect statement by the Owner, the Owner must inform the Company accordingly and in writing, enclosing all documentation evidencing the inaccuracy.
16.2 In the event of a deficit due to the Owner’s incorrect statement, the Owner shall pay to the Company the amount of the difference plus a 20% (twenty per cent) surcharge of the difference.
16.4 Pursuant to Clause 16.3, the Owner shall be relieved of the 20% (twenty per cent) surcharge if the Owner notifies the Company of the difference in writing no later than 2 (two) months after the date of issuance of the invoice.
INCORRECT STATEMENTS. 12.1 In the event of any payment by the Client to the Supplier deemed as incorrect by the Supplier or the Client due to an incorrect statement by the Client, the Client must inform the Supplier accordingly and in writing, enclosing all documentation evidencing the inaccuracy.