Representations and Warranties of Lake Shore Clause Samples
The 'Representations and Warranties of Lake Shore' clause sets out the specific statements of fact and assurances that Lake Shore makes to the other party in the agreement. These may include affirmations about Lake Shore’s legal authority to enter into the contract, the accuracy of its financial statements, or the absence of undisclosed liabilities. By providing these representations and warranties, the clause helps ensure that the other party can rely on the truthfulness of key information, thereby allocating risk and establishing a basis for potential remedies if any statements prove to be false.
Representations and Warranties of Lake Shore. Lake Shore hereby represents and warrants and covenants to the Shareholder and Tahoe, acknowledging that the Shareholder and Tahoe are relying upon such representations, warranties and covenants in entering into this Agreement:
Representations and Warranties of Lake Shore. Except as specifically disclosed in Lake Shore Disclosure Letter (which will make reference to the applicable section in respect of which such qualification is being made), Lake Shore represents and warrants to and in favour of Tahoe as set forth in Schedule D and acknowledges that Tahoe is relying upon such representations and warranties in entering into this Agreement: