Continuation of Representations Clause Samples
The Continuation of Representations clause ensures that the statements and assurances made by a party in a contract remain true and accurate throughout the duration of the agreement, not just at the time of signing. In practice, this means that if a party's circumstances change in a way that would make their original representations untrue, they are typically required to update the other party or risk breaching the contract. This clause is essential for maintaining trust and transparency between parties, as it helps prevent situations where one party relies on outdated or inaccurate information during the course of the contractual relationship.
Continuation of Representations. The Loan Parties make the representations and warranties in this Section 5 on the date hereof and on the Closing Date and each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Sections 2 and 6.
Continuation of Representations. The Borrower makes the representations and warranties in this Section 6 on the date hereof, on the Closing Date, and each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Sections 7.1 [First Loans and Letters of Credit] and 7.2 [Each Additional Loan or Letter of Credit].
Continuation of Representations. The Borrower and Hovnanian make the representations and warranties in this Section 5 on the date hereof and on the Closing Date and each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Sections 6.1 [First Loans and Letters of Credit] and 6.2 [Each Additional Loan or Letter of Credit].
Continuation of Representations. Each Borrower makes the representations and warranties in this ARTICLE V on the date hereof and on the Closing Date and each date thereafter on which a Loan is made to such Borrower or a Letter of Credit is issued for the account of such Borrower as provided in and subject to Section 6.01 and Section 6.02.
Continuation of Representations. The Loan Parties make the representations and warranties in this Article V on the date hereof and on the Closing Date and each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Article VI.
Continuation of Representations. Except as to those representations and warranties limited by their terms to the Second Restatement Effective Date, the Borrower makes the representations and warranties in this Section 5 on the Second Restatement Effective Date and on each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Sections 6.1 [Conditions to Amendment and Restatement of Original Credit Agreement] and 6.2 [Each Additional Loan or Letter of Credit].
Continuation of Representations. 70 5.3 Updates to Schedules........................................... 70 6. CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT.............. 70 6.1 First Loans and Letters of Credit.............................. 70 6.1.1 Officer's Certificate.................................. 70 6.1.2 Secretary's Certificate................................ 71 6.1.3 Delivery of Loan Documents............................. 71 6.1.4
Continuation of Representations. All representations by the parties hereunder will be deemed to be repeated on each day during the term of the Agreement and Supplement and the parties will promptly
Continuation of Representations. Except as to those representations and warranties limited by their terms to the Closing Date, the Borrower makes the representations and warranties in this Section 5 on the date hereof and on the Closing Date, each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Sections 6.1 [First Loans and Letters of Credit] and
Continuation of Representations. The representations, warranties and covenants of the Seller shall be in full force and effect as of the Closing Date, and shall, except as otherwise provided herein, survive the Closing only for a period of three (3) years from and after the Closing Date, unless written notice of a claim is given to the Seller within such three year period, in which event, the claims identified within such notice shall survive without time limitation (but subject to any statutes of limitation applicable thereto under governing law).