Representations and Warranties of CNHICA Clause Samples

The 'Representations and Warranties of CNHICA' clause sets out the specific statements of fact and assurances that CNHICA makes to the other party at the time of entering into the agreement. These may include confirmations about CNHICA's legal authority to enter the contract, its financial condition, compliance with laws, or ownership of assets relevant to the transaction. By providing these representations and warranties, the clause allocates risk by holding CNHICA accountable for the accuracy of its statements, thereby giving the other party confidence in proceeding with the agreement.