REPRESENTATIONS AND WARRANTIES OF KIOR Clause Samples

The "Representations and Warranties of KiOR" clause sets out the specific statements of fact and assurances that KiOR makes to the other party in the agreement. These may include affirmations about KiOR's legal status, authority to enter into the contract, ownership of assets, compliance with laws, and absence of undisclosed liabilities. By providing these representations and warranties, the clause helps ensure that the other party can rely on the accuracy of KiOR's disclosures, thereby allocating risk and establishing a basis for potential remedies if any statements prove to be false.