Common use of Representations and Authority Clause in Contracts

Representations and Authority. Each Party represents and warrants that it is not aware of any claim that could have been, but was not, asserted in the Litigation, and is not currently aware of any claim that the Party could assert against any of the Released Parties, even if unrelated to the Litigation. Each Party represents and warrants that the person executing this Settlement Agreement on its behalf has full authority and capacity to execute this Settlement Agreement and to give the releases and other promises contained herein. Each Party represents and warrants that it has not heretofore assigned or otherwise transferred, or attempted to assign, or transfer, any claim or claims against any of the Released Parties, and that there is no other person or legal entity that has not executed this Settlement Agreement as a releasing party that has any interest in any such claim or claims against any of the Released Parties.