Common use of Veracity of Statements Clause in Contracts

Veracity of Statements. Neither this Agreement nor the representations and warranties by IPC contained herein or in any documents, instruments, certificates or schedules furnished pursuant hereto or in connection with the transactions contemplated hereby contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements or facts contained herein and therein not misleading. There is no fact which has a material effect (to the knowledge of IPC) on the business, operations, affairs, condition or prospects of IPC, its Assets, its business, and/or the Shares which has not been set forth in this Agreement, provided however that IPC express no opinion as to political or economic matters of general applicability.