Common use of True and Correct Clause in Contracts

True and Correct. To Lessee's best knowledge, after reasonable inquiry, all information and other items heretofore or hereafter submitted to Lessor by or on behalf of Lessee are true, correct and complete. Lessee acknowledges that the execution of this Lease by Lessor has been made, and the lease of Lessee's Pipeline by Lessor will have been made, in material reliance by Lessor on Lessee's representations and warranties contained in this Paragraph 12.

True and Correct. To Lessee's best knowledge, after reasonable inquiry, all information and other items heretofore or hereafter submitted to Lessor by or on behalf of Lessee are true, correct and complete. Lessee acknowledges that the execution of this Lease by Lessor has been made, and the lease of Lessee's the Pipeline System by Lessor will have been made, in material reliance by Lessor on Lessee's representations and warranties contained in this Paragraph 1211.