Common use of Material Misrepresentations Clause in Contracts

Material Misrepresentations. The Company agrees that all materials and information it discloses or otherwise provides to the Purchaser relating to this Agreement and the transactions contemplated pursuant to this Agreement are accurate in all material respects and do not contain any untrue statement of material fact or omit to state any material face necessary in order to make the statements made therein, in light of the circumstances under which they were made, not misleading. Violation of this clause is and will be considered an event of default permitting the Purchaser to terminate the Agreement immediately.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Iwt Tesoro Corp), Restricted Equity Purchase Agreement (Innuity, Inc. /Ut/), Restricted Equity Purchase Agreement (Indigo-Energy, Inc.)

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