Section 13—Original Clause Samples
Section 13—Original is a clause that designates which version of a contract or agreement is considered the official, controlling document. In practice, this clause clarifies that among multiple copies or versions of the agreement, one specific document—often marked as the 'original'—will serve as the authoritative reference for all parties. This ensures that, in the event of discrepancies or disputes over terms, there is a clear and agreed-upon source to consult, thereby preventing confusion and potential legal conflicts.
Section 13—Original. The Guarantor represents and warrants that: (a) it is duly organized and validly existing under the laws of the jurisdiction in which it was organized and has the power and authority to execute, deliver, and perform this Guaranty; (b) no authorization, approval, consent or order of, or registration or filing with, any court or other governmental body having jurisdiction over the Guarantor is required on the part of the Guarantor for the execution, delivery and performance of this Guaranty except for those already made or obtained; (c) this Guaranty constitutes a valid and legally binding agreement of the Guarantor, and is enforceable against the Guarantor in accordance with its terms; and (d) the execution, delivery and performance of this Guaranty by the Guarantor have been and remain duly authorized by all necessary corporate or comparable action and do not contravene any provision of its constituent documents or any law, regulation or contractual restriction binding on it or its assets.