Modified Representation Clause Samples
Modified Representation. For purposes of Section 3(d) of this Agreement, the following shall be added immediately prior to the period at the end thereof: “; provided, however, that in the case of financial statements delivered by either party, the only representation being made by either party is that such financial statements give a fair view of the state of affairs of the relevant entity to which they relate as at the date of such financial statements.”
Modified Representation. For purposes of Section 3(d) of this Agreement, the following shall be added, immediately prior to the period at the end thereof: "; provided that, in the case of financial statements delivered by Party A, such financial statements give a fair view of the state of affairs of the relevant entity to which they relate as at the date of such financial statements, and in the case of financial statements delivered by Party B, such financial statements fairly present the financial position of the relevant entity to which they relate as at the date of such financial statements".
Modified Representation. For purposes of Section 3(d) of this Agreement, the following shall be added immediately prior to the period at the end thereof: “; provided, however, that in the case of financial statements delivered by either party, (i) the only representation being made by Party A is that such financial statements give a true and fair view of the state of affairs of the relevant entity to which they relate as at the date of such financial statements and for the period presented and (ii) the only representation being made by Party B is that such financial statements fairly present, in all material respects, the financial condition and results of operations of the relevant entity to which they relate as at the date of such financial statements and for the period presented.”