Untrue Statement of Fact Clause Samples

Untrue Statement of Fact about a past or existing fact (if about the future, it is opinion); when EXPERTS express an opinion, it is treated as a statement of fact  Active Concealment – substitute for false statement of  fact (ex. painting Silence – no half ceiling to cover water stains) truths (drag racing); when truth is made false by subsequent events (leaky roof)  Mistaken Assumption – when party makes assumption that is incorrect It is treated as Misrepresentation if. . .
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Untrue Statement of Fact.  In misrepresentation, the statement must be one of fact rather than opinion.  The statement must be about a past or existing fact.  Any statements mentioned in regards to the future are opinions.  When experts express an opinion, the law will treat the statement as a statement of fact.
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Related to Untrue Statement of Fact

  • STATEMENT OF FACTS The Superintendent of Insurance is the official charged with administering and enforcing Maine’s insurance laws and regulations, and the Bureau of Insurance is the administrative agency with such jurisdiction.

  • Untrue Statements The Executive shall not knowingly at any time make any untrue statement in relation to the Company or any Group Company and in particular shall not after the determination of his employment hereunder wrongfully represent himself as being employed by or connected with the Company or any Group Company.

  • No Untrue Statement Neither (a) this Agreement nor any other Loan Document or certificate or document executed and delivered by or on behalf of the Borrower or any other Credit Party in accordance with or pursuant to any Loan Document nor (b) any statement, representation, or warranty provided to the Agent in connection with the negotiation or preparation of the Loan Documents contains any misrepresentation or untrue statement of material fact or omits to state a material fact necessary, in light of the circumstance under which it was made, in order to make any such warranty, representation or statement contained therein not misleading.

  • No Untrue Statements No statement by Seller contained in this Agreement and no written statement contained in any certificate or other document required to be furnished by Seller, or any officer, or other agent of Seller to Buyer pursuant to this Agreement, contains or will contain any untrue statement of a material fact, or omits or will omit to state a material fact necessary in order to make the statements therein contained not misleading.

  • False Statements Contractor represents and warrants that all statements and information prepared and submitted by Contractor in this Contract and any related Solicitation Response are current, complete, true, and accurate. Contractor acknowledges any false statement or material misrepresentation made by Contractor during the performance of this Contract or any related Solicitation is a material breach of contract and may void this Contract. Further, Contractor understands, acknowledges, and agrees that any false representation or any failure to comply with a representation, warranty, or certification made by Contractor is subject to all civil and criminal consequences provided at law or in equity including, but not limited to, immediate termination of this Contract.