REPRESENTATION CLAUSE Sample Clauses
A Representation Clause is a contractual provision in which one or both parties affirm certain facts or conditions as true at the time the contract is made. This clause typically requires parties to state that specific information—such as their authority to enter the agreement, the accuracy of financial statements, or compliance with laws—is accurate and complete. By including these representations, the clause helps ensure transparency and trust between the parties, and provides a basis for legal recourse if any statements are later found to be false or misleading.
REPRESENTATION CLAUSE. In issuing the Policy, the Insurer has relied upon the application. The Insured warrants that the content of and materials provided to the Insurer are true, accurate and complete and are material to the Insurer’s acceptance of the risk to which the Policy applies. Any material misrepresentation, concealment or misstatement by the Insured will render the Policy null and void with respect to any natural person Insured who knew of such material misrepresentation, concealment or misstatement and with respect to the Insured Company if an executive officer knew of such material misrepresentation, concealment or misstatement and relieve the Insurer from all obligations and liability herein with regard to said Insured parties.
REPRESENTATION CLAUSE. If an employee representative(s) signs the enterprise agreement, the signing page of the agreement should explain how the representative has authority to sign on behalf of the employees. The template has a signing clause which must be used if an employee representative is signing on behalf of the other employees.
REPRESENTATION CLAUSE. It is agreed that the applications, documents and information made available by or on behalf of the Insured in connection with the underwriting of this Policy, are the basis of this Policy and are deemed attached to and made a part of this Policy.
REPRESENTATION CLAUSE. 1. Party A clearly understands Party B's business scope and power of authorization.
2. Party A has reviewed all the terms and provisions hereof. Party B has explained the terms and provision hereof upon Party A's request. Party A fully understands the meaning of the terms and provisions hereof and is fully aware of relevant legal consequences.
3. Party A is duly authorized to execute this Agreement.
REPRESENTATION CLAUSE. (a) The Employer recognizes the Union as the sole collective bargaining agency between itself and the Employees covered under the scope of this Agreement.
(b) The Employer understands that the Local Union's jurisdiction, both trade and territorial, is not a subject for negotiations but rather is determined solely within the IBEW by the International President, and therefore, agrees to recognize and be bound by such determination.
REPRESENTATION CLAUSE