Common use of Fraudulent Practice Clause in Contracts

Fraudulent Practice. meaning any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party in order to obtain a financial or other benefit or to avoid an obligation; or

Fraudulent Practice. meaning It is a practice of gaining of a materials advantage dishonestly. It is a practice that is false or impostor. It is any act or omission, including a misrepresentationmis-representation, that knowingly or recklessly misleads, misleads or attempts to mislead, a party in order to obtain a financial or other benefit or to avoid an obligation; or.