Participant Representations definition

Participant Representations. It is very important that Lessor be aware of all Participants. Therefore, I, the undersigned, represent that I will not allow any other person to board, use, ride, control, or otherwise participate in any activities related to the leased equipment/watercraft unless they have signed this Agreement and/or, in the case of minor children or adult dependents, been listed as participants by a parent or legal guardian. I agree that if any other person boards, uses, rides, controls, or otherwise participates in any activities related to my lease or use of the leased equipment/watercraft without being added and signing below, that it shall be assumed, which assumption may only be rebutted by clear and convincing evidence, that, at the time of execution of this agreement, I was aware and knew that such persons were going to use the leased equipment/watercraft and that I chose not to disclose that information to Lessor. I understand that this means that I may be liable for fraud for allowing any other person not listed and not a signatory below to board, use, ride, control, or otherwise participate in any activities related to my lease of the leased equipment/watercraft.

Related to Participant Representations

  • Excluded Representations has the meaning set forth in Section 7.3(a).

  • Special Representations has the meaning set forth in Section 8.1.

  • Specified Representations means the representations and warranties of the Borrower set forth in Section 3.01 (relating to corporate existence and corporate power and authority of the Obligors); Section 3.02 (relating to enforceability of the Loan Documents); Section 3.03(b) (relating to no conflicts with organizational documents (limited to the execution, delivery and performance of the Loan Documents, incurrence of Indebtedness thereunder and the granting of guarantees and security interests in respect thereof)); Section 3.07; Section 3.11; and Section 3.16.

  • Perfection Representations means the representations, warranties and covenants set forth in Schedule 1 attached hereto.

  • Company Representations means the representations and warranties of the Company expressly and specifically set forth in Article IV of this Agreement, as qualified by the Company Schedules. For the avoidance of doubt, the Company Representations are solely made by the Company.