Common use of PURCHASERS' REPRESENTATIONS AND RESALE Clause in Contracts

PURCHASERS' REPRESENTATIONS AND RESALE. Each Purchaser represents and warrants that information furnished in writing to GTE expressly for use with respect to the New Securities will not contain any untrue statement of a material fact and will not omit any material fact in connection with such information necessary to make such information not misleading. If the Purchasers advise GTE in the Purchase Agreement that they intend to resell the New Securities, GTE will assist the Purchasers as hereinafter provided. The terms of any such resale will be furnished to GTE in writing and will be set forth in the Prospectus. The provisions of Paragraphs D and E of Article VI and Articles VIII, IX and X of this Agreement apply only to Purchasers that have advised GTE of their intention to resell the New Securities ("Reselling Purchasers"). All other provisions apply to any Purchaser including a Reselling Purchaser.