Breach of Representation Clause Samples
A Breach of Representation clause defines the consequences and remedies available when one party's statements or assurances made in the contract are found to be untrue or inaccurate. In practice, this clause typically allows the non-breaching party to seek damages, terminate the agreement, or pursue other remedies if a representation is proven false, such as misstatements about financial condition or ownership of assets. Its core function is to allocate risk and provide recourse for parties harmed by false or misleading representations, thereby promoting honesty and trust in contractual dealings.
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Breach of Representation. Any representation or warranty made or deemed made by any Borrower or any Guarantor in this Agreement, any Other Document or any related agreement or in any certificate, document or financial or other statement furnished at any time in connection herewith or therewith shall prove to have been misleading in any material respect on the date when made or deemed to have been made;
Breach of Representation. Discovery that any representation or warranty made or deemed made by Borrower in this Agreement or in the Note, or any statement or representation made in any certificate, report or opinion delivered pursuant to this Agreement or the Note or in connection with any borrowing under this Agreement by Borrower, was materially untrue when made or deemed made.
Breach of Representation. Except as provided in Section 10.18 hereof, any representation or warranty made or deemed made by any Loan Party in this Agreement, any Other Document or in any agreement, documents, certificate or financial or other written statement provided at any time in connection herewith or therewith shall prove to have been incorrect or misleading in any material respect on the date when made or deemed to have been made;
Breach of Representation. Any representation or warranty made by the Company herein or in any writing furnished pursuant to this Agreement shall be false in any material respect on the date as of which it was made.
Breach of Representation. If any material representation or warranty herein made by either party hereto, or in any certificate or document furnished by either party to the other pursuant to the provisions hereof, shall prove to have been false or misleading in any material respect as of the time made or furnished.
Breach of Representation. Any representation, warranty or statement by the Borrower under or in connection with this Agreement, is not complied with in any material respect or is or proves to have been incorrect in any material respect when made.
Breach of Representation. Should either Party breach the representation and warranty of tax status set forth in this Article, the breaching Party agrees to indemnify and hold the non-breaching Party, its directors, officers, employees, agents, and shareholders harmless from all liability, loss, damages, fines, penalties, interest, and reasonable attorney's fees, which the non-breaching Party, its directors, officers, employees, agents, and shareholders may sustain by reason of such breach.
Breach of Representation. Any representation contained herein or in any other Loan Documents is false or misleading in any material respect; or
Breach of Representation. Any representation, warranty, certification or other statement made or deemed made by any Credit Party in this Agreement, any Other Document or in any statement or certificate at any time given by any Credit Party or any of its Subsidiaries in writing pursuant hereto or thereto or in connection herewith or therewith shall be false in any material respect (or in any respect with respect to any representation or warranty which, by its terms is limited as to materiality) as of the date made or deemed made;
Breach of Representation. If any material representation or warranty herein made by either party hereto or in any certificate or document furnished by either party to the other pursuant to the provisions hereof shall prove to have been false or misleading in any material respect as of the time made or furnished; or