Repetition of Representations Clause Samples
The Repetition of Representations clause requires that the representations and warranties made by a party at the outset of an agreement are deemed to be repeated at specified times, such as on each drawdown date or at closing. In practice, this means that the party must ensure the accuracy of its statements not only when the contract is signed, but also at later key moments, such as when funds are advanced or obligations are performed. This clause serves to protect the other party by ensuring that the factual basis for the agreement remains true throughout its duration, thereby reducing the risk of relying on outdated or inaccurate information.
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Repetition of Representations. Delivery of an Accession Letter constitutes confirmation by the relevant Subsidiary that the Repeating Representations are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.
Repetition of Representations. Delivery of an Accession Letter constitutes confirmation by the relevant Subsidiary that the Repeating Representations and each of the representations set out in Clause 19.5 (Validity and admissibility in evidence) and Clause 19.7 (No capital duty, filing or stamp taxes) are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing. LD943539/9
Repetition of Representations. Delivery of an Accession Letter constitutes confirmation by the relevant Subsidiary that the representations in Clause 18 (Representations) are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.
Repetition of Representations. Delivery of an Accession Deed constitutes confirmation by the relevant Subsidiary that the Repeating Representations are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.
Repetition of Representations. Delivery of an Accession Undertaking constitutes confirmation by the relevant Subsidiary that the representations in clause 16 (Representations and Warranties) are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.
Repetition of Representations. 26.1 Delivery of an Accession Deed constitutes confirmation by the relevant Subsidiary that the representations and warranties referred to in Clause 17.27 (Repetition) are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.
Repetition of Representations. Delivery of an Accession Agreement constitutes confirmation by the relevant Subsidiary that the representations and warranties referred to in paragraph (b) of Clause 17.17 (Time for making representations and warranties) are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.
Repetition of Representations. Delivery of an Accession Letter constitutes confirmation by the relevant Subsidiary that the Repeating Representations and each of the representations set out in Clauses 29.5 (Validity and admissibility in evidence), 29.7 (Deduction of Tax) and 29.8 (No filing or stamp taxes) are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.
Repetition of Representations. The Repeated Representations shall be deemed to be repeated by the Borrower by reference to the facts and circumstances then existing on the date of each Utilisation Request, each Utilisation Date, the Commencement Date of each Letter of Credit and every three months thereafter until the date upon which the Lenders’ aggregate liability under such Letter of Credit is zero.
Repetition of Representations. Delivery of an Accession Deed constitutes confirmation by the relevant Subsidiary that the Repeating Representations and each of the representations set out in Clauses 20.5 (Validity and admissibility in evidence), 20.7 (Deduction of Tax) and 20.8 (No filing or stamp taxes) are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.