Time when representations made Clause Samples
The 'Time when representations made' clause defines the specific point or period during which the parties' statements or assurances (representations) are considered to be made and relied upon. Typically, this clause clarifies whether representations are deemed to be made at the time of signing, at closing, or at another specified moment in the transaction process. For example, in a purchase agreement, it may state that all representations are made as of the closing date, ensuring that the information provided is current and accurate at that critical time. This clause is essential for establishing when the truthfulness and accuracy of representations are measured, thereby reducing ambiguity and potential disputes about the parties' obligations and liabilities.
Time when representations made. The representations and warranties in this Clause 10 are made on the date of this Agreement, shall survive the execution of this Agreement and the advance of the Facility and, in addition, shall be deemed to be repeated on the date on which each Drawdown Notice is given and (other than those in Clauses 10.9 and 10.12) at the commencement of each Interest Period, with respect to the facts and circumstances existing at each such time, as if made at each such time.
Time when representations made. (a) Except where provided otherwise, all the representations and warranties in this Clause 4 are made by the Pledgor on the date of this Agreement and are also deemed to be repeated throughout the Security Period:
(i) on the first day of each Interest Period under the Credit Agreement; and
(ii) on each Payment Date under the Credit Agreement;
(b) Each representation or warranty deemed to be made after the date of this Agreement shall be deemed to be repeated by reference to the facts and circumstances then existing in accordance with Section 6 (Representations and Warranties) of the Credit Agreement and the terms of the Guaranty.
Time when representations made. The representations and warranties in this Clause are, subject to the final sentence of this Clause 11.27, made on the date of this Agreement and shall survive the execution of this Agreement and the making of each Advance. The representations and warranties set out in Clauses 11.1 to 11.21 shall, in addition, be deemed to be repeated on the date on which the Drawdown Notice is given and at the commencement of each Interest Period, with respect to the facts and circumstances existing at each such time, as if made at each such time. The representation and warranties set out in Clauses 11.22 to 11.26 shall be made only on the Drawdown Date in respect of the Advance relative to the relevant Ship.
Time when representations made. (a) All the representations and warranties in Section 10 are made on the Signing Date and the Repeating Representations are as of the date of any Additional Prepayment and, as to the Seller only, the date of any Compliance Certificate.
(b) Each representation or warranty deemed to be made after the date of this Agreement shall, unless otherwise indicated, be deemed to be made by reference to the facts and circumstances existing at the date the representation or warranty is deemed to be made.
(c) The representations and warranties under this Section 10 shall be deemed to be made on the Signing Date and on the date of the making of the Initial Prepayment, the First Additional Prepayment and the Second Additional Prepayment under this Agreement.
Time when representations made. (a) All the representations and warranties in this Clause 7 (Representations) are made by the Chargor on the date of this Deed and are also deemed to be made by the Chargor on each date on which any amount due to the Bondholder from the Individual Guarantor, the Chargor or any Corporate Guarantor under the Finance Documents remains outstanding.
(b) Each representation or warranty deemed to be made after the date of this Deed shall be deemed to be made by reference to the facts and circumstances existing at the date the representation or warranty is deemed to be made.