Representations Untrue Clause Samples

The 'Representations Untrue' clause defines the consequences if any statements or assurances made by a party in the contract are found to be false or misleading. Typically, this clause allows the other party to seek remedies such as termination of the agreement, damages, or other corrective actions if a representation is discovered to be untrue, whether at the time it was made or later. Its core function is to protect parties from entering or continuing a contract based on inaccurate information, thereby allocating risk and ensuring accountability for the truthfulness of contractual statements.
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Representations Untrue. Any representation, warranty, certification or statement made by the City in this Agreement or in the Resolution shall (in any such case) have been incorrect or untrue in any material respect when made or deemed to have been made.
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Representations Untrue. After the delivery of any Drawdown Request and before the making of the Advance requested under it, each Obligor shall (and the Borrower shall procure that each member of the Group shall) notify the Administrative Agent of the occurrence of any event of which it is aware which will cause or may reasonably be expected to cause any of the representations deemed to be repeated pursuant to Clause 15.31 (Repetition) to be untrue at or before the time of the making of such Advance.
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Representations Untrue. Any representation or ---------------------- warranty made at any time by the Borrowers herein or in any other Loan Document, or in any certificate, other instrument or statement furnished pursuant to the provisions hereof or thereof, shall prove to have been false or misleading in any material respect as of the time it was made or furnished;
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Related to Representations Untrue

  • Representations True Borrower represents and warrants to Silicon that all representations and warranties set forth in the Loan Agreement, as amended hereby, are true and correct.

  • Representations and Warranties of Parties A. Redeveloper represents and warrants to City as follows:

  • REPRESENTATIONS AND WARRANTIES OF PARENT Parent hereby represents and warrants to the Stockholders as follows:

  • Representations & Warranties 14.1 Each Party represents that it has authority to enter into this Agreement and to do all things necessary to procure the fulfilment of its obligations in terms of this Agreement. 14.2 The Disclosing Party warrants that disclosure of the Confidential Information to the Receiving Party: 14.2.1 will not result in a breach of any other Agreement to which it is a party; and 14.2.2 will not, to the best of its knowledge and belief, infringe the rights of any third party; and the Disclosing Party hereby indemnifies and holds the Receiving Party harmless against any liability for third party claims on such a basis.

  • Representations and Warranties of Party B Party B hereby represents and warrants on his own behalf to Party A that as of the date of this Agreement: 4.1.1 he has the power and right to sign, deliver, and perform his obligations under this Agreement, and that the said documents shall constitute his legal, valid, and binding obligations enforceable in accordance with their terms; 4.1.2 the execution and delivery of this Agreement or any other contracts, and the performance of his obligations thereunder, will not violate PRC law, breach or result in a default of any contract or instrument to which he is subject, or result in a breach, suspension, or revocation of any grant, license, or approval or result in the imposition of any additional conditions being imposed thereon; and 4.1.3 he is the lawful owner of the Equity Interest held by himself and has not created any Security Interest over such Equity Interest other than the Equity Pledge Agreement.