Common use of Acknowledgement and Warranty Clause in Contracts

Acknowledgement and Warranty. The Borrower acknowledges that it has made the representations and warranties contained in Sections 2.01, 2.02 and 2.03 with the intention of inducing EDC to enter into this Agreement, that the repetition of such representations and warranties will induce EDC to make Disbursements hereunder, and that EDC has entered into this Agreement on the basis of, and in full reliance on, each of such representations and warranties. The Borrower warrants that it has no knowledge of any additional facts or matters the omission of which makes any of such representations and warranties misleading or which would or might reasonably be expected to affect the judgement of a prospective lender regarding lending to the Borrower.

Acknowledgement and Warranty. The Borrower acknowledges that it has made the representations and warranties contained in Sections 2.01, 2.02 and 2.03 with the intention of inducing EDC the Bank to enter into this Agreement, that the repetition of such representations and warranties will induce EDC the Bank to make Disbursements hereunder, and that EDC the Bank has entered into this Agreement on the basis of, and in full reliance on, each of such representations and warranties. The Borrower warrants that it has no knowledge of any additional facts or matters the omission of which makes any of such representations and warranties misleading or which would or might reasonably be expected to affect the judgement of a prospective lender regarding lending to the Borrower.