Representations Certifications and Stipulations Sample Clauses
The "Representations, Certifications, and Stipulations" clause requires parties to formally declare certain facts, qualifications, or compliance with specific requirements as part of the agreement. In practice, this may involve confirming legal authority to enter the contract, certifying adherence to regulatory standards, or stipulating that certain conditions have been met prior to execution. The core function of this clause is to ensure transparency and accountability, reducing the risk of disputes by clearly documenting each party’s assertions and obligations at the outset of the contractual relationship.
Representations Certifications and Stipulations