Common use of True and Correct Clause in Contracts

True and Correct. To Lessor's best knowledge, after reasonable inquiry, all information and other items heretofore or hereafter submitted to Lessee by or on behalf of Lessor are true, correct and complete. Lessor is not aware of any omission to supply Lessee with any material information or other items with respect to Lessee's Pipeline, its history, prospects or operations, or any information which may be required to prevent the information of other items already supplied from being misleading. Lessor acknowledges that the execution of this Lease by Lessee has been made, and the lease of Lessee's Pipeline by Lessee will have been made, in material reliance by Lessee on Lessor's representations and warranties contained in this Paragraph 11.

True and Correct. To Lessor's best knowledge, after reasonable inquiry, all information and other items heretofore or hereafter submitted to Lessee by or on behalf of Lessor are true, correct and complete. Lessor is not aware of any omission to supply Lessee with any material information or other items with respect to Lessee's Pipelinethe Pipeline System, its history, prospects or operations, or any information which may be required to prevent the information of or other items already supplied from being misleading. Lessor acknowledges that the execution of this Lease by Lessee has been made, and the lease of Lessee's the Pipeline System by Lessee will have been made, in material reliance by Lessee on Lessor's representations and warranties contained in this Paragraph 1110.