Misstatement definition

Misstatement means an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration Statement or Prospectus, or necessary to make the statements in a Registration Statement or Prospectus (in the light of the circumstances under which they were made) not misleading.

Misstatement means an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration Statement or Prospectus or necessary to make the statements in a Registration Statement or Prospectus not misleading.

Misstatement is defined in Section 3.1.12.

Examples of Misstatement in a sentence

• Misstatement of AgeIf an Insured's age has been misstated, we will adjust all benefits to the amounts that would have been purchased for the correct age.

• MISSTATEMENT OF AGE OR SEX -- The "Misstatement of Age or Sex" provision is modified to provide that we may also require proof of age of any Owner.

• Misstatement can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions’ of users taken on the basis of these financial statements.

• Misstatement of Tobacco StatusIf there is a misstatement in the application of the named insured’s tobacco status, we will adjust the benefits payable to the amounts which would have been purchased at the correct tobacco status in consideration of the most recent premium.

• Misstatement of AgeIf the age of the named insured has been misstated, we will make any equitable adjustment of premiums.

More Definitions of Misstatement

Misstatement means, in the case of a Registration Statement, an untrue statement of a material fact or an omission to state a material fact required to be stated therein, or necessary to make the statements therein not misleading, and in the case of a Prospectus, an untrue statement of a material fact or an omission to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.

Misstatement shall have the meaning ascribed to it in Section 2.4 hereof.

Misstatement means an untrue statement of a material fact or an omission to state a material fact required to be stated therein, or necessary to make the statements therein (in the case of any Prospectus and any preliminary Prospectus, in the light of the circumstances under which they were made) not misleading.

Misstatement has the meaning set forth in Section 2.4(g).

Misstatement means any statement included in an offering document which breaches subsection (1) or any statement omitted from an offering document in breach of subsection (1); and

Misstatement has the meaning specified in Section 8.1.

Misstatement means any information or statement which is false, incorrect, incomplete, misleading or misrepresents, omits or suppresses a material fact.