Breach of Warrant Clause Samples

A Breach of Warrant clause defines the consequences and remedies available when one party fails to fulfill a warranty or guarantee made in the contract. Typically, this clause outlines the steps the non-breaching party can take, such as seeking damages, requiring correction of the breach, or even terminating the agreement if the breach is significant. Its core function is to allocate risk and provide a clear process for addressing situations where contractual promises are not met, thereby protecting the interests of the parties involved.
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Breach of Warrant. If the issuer of any Warrant shall breach any material term of any Warrant.
Breach of Warrant. If Borrower shall breach any material term of the Warrant.
Breach of Warrant. If Borrower shall breach the terms of the Warrant.
Breach of Warrant. If Borrower shall breach any term of the Warrant, which breach is not cured within thirty (30) days of Borrower becoming aware thereof.
Breach of Warrant. If Borrower shall breach any material term of any warrant.
Breach of Warrant. 17 8.10. Involuntary Bankruptcy or Insolvency.......................17 8.11. Voluntary Bankruptcy or Insolvency.........................17
Breach of Warrant. If IMV shall breach any material term of the Warrant.
Breach of Warrant. If ISR shall breach the terms of any Warrant in favor of any Lender.
Breach of Warrant. If Borrower shall fail to issue, in accordance with the terms of the Warrant, shares of preferred stock or common stock, as the case may be, upon a valid conversion of the Warrant.

Related to Breach of Warrant

  • Breach of Warranty Any representation or warranty made at any time by any of the Loan Parties herein or by any of the Loan Parties in any other Loan Document, or in any certificate, other instrument or statement furnished pursuant to the provisions hereof or thereof, shall prove to have been false or misleading in any material respect as of the time it was made or furnished;

  • Breach of Contract The failure of the Contractor to comply with any of the provisions, covenants or conditions of this Contract shall be a material breach of this Contract. In such event the County may, and in addition to any other remedies available at law, in equity, or otherwise specified in this Contract: a) Terminate the Contract immediately, pursuant to Section K herein; b) Afford the Contractor written notice of the breach and ten (10) calendar days or such shorter time that may be specified in this Contract within which to cure the breach; c) Discontinue payment to the Contactor for and during the period in which the Contractor is in breach; and d) Offset against any monies billed by the Contractor but yet unpaid by the County those monies disallowed pursuant to the above.