WARRANTY OF ACCURACY Sample Clauses
A Warranty of Accuracy clause requires one party to guarantee that the information, data, or representations they provide under the contract are true, complete, and correct. In practice, this means that if a seller provides financial statements or a service provider submits reports, they are assuring the other party that these materials are free from material errors or omissions. The core function of this clause is to allocate risk by holding the warranting party responsible for inaccuracies, thereby protecting the other party from potential losses or disputes arising from false or misleading information.
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WARRANTY OF ACCURACY. The Insured (i) warrants that all listed insurance policies have been issued to it and are in full force and effect and that it has not and will not assign any interest in the policies except for the interest of mortgagees and loss payees; (ii) authorizes AFCO to insert or correct on this Agreement, if omitted or incorrect, the insurer's name, the policy numbers, and the due date of the first installment and to correct any obvious errors; and (iii) authorizes AFCO to correct or remedy any error or omission in the completion of this Agreement. In the event of any such change, correction or insertion, or of any change in Blocks (A) thru (F), or in the Federal Truth-In-Lending Disclosures or in the Itemization of the Amount Financed Disclosures the Insured will be notified at the address shown hereon.
WARRANTY OF ACCURACY. The Insured (i) warrants that all listed insurance policies have been issued to it and are in full force and effect and that it has not and will not assign any interest in the policies except for the interest of mortgagees and loss payees and (ii) authorizes AFCO to insert or correct on this agreement, if omitted or incorrect, the insurer's name, the policy numbers, and the due date of the first installment and to correct any obvious errors. In the event of any such change, correction or insertion, AFCO will give the Insured written notice thereof.
WARRANTY OF ACCURACY. The Insured represents and warrants to FIRST that the insurance policies listed in the Schedule of Policies are in full force and effect and that the Insured has not assigned any interest in the policies except for the interest of mortgagees and loss payees. The Insured further represents and warrants to FIRST that: (i) none of the insurance policies listed in the Schedule of Policies are for personal, family or household purposes, and (ii) the Insured has no indebtedness to the insurers issuing the listed policies, and none of those insurers have asserted any claims for payment against the Insured.
WARRANTY OF ACCURACY. The insured warrants to AFCO that the insurance policies listed in the schedule have been issued to the insured and are in full force and effect and that the insured has not assigned any interest in the policies except for the interest of mortgagees and loss payees.
WARRANTY OF ACCURACY. The insured warrants to AFCO that the insurance policies listed in the Schedule have been issued to the insured and are in full force and effect and that the insured has not assigned any interest in the policies except for the interest of mortgagees and loss payees. The insured authorizes AFCO to insert or correct on this agreement, if omitted or incorrect, the insurer's name, the policy numbers, and the due date of the first installment. AFCO is permitted to correct any obvious errors. In the event of any change or insertion, AFCO will give the insured written notice of those changes or corrections made in accordance with this provision.
WARRANTY OF ACCURACY. Insured represents and warrants that to the best of its knowledge: (a) the Financed Policies are in full force and effect and that the Insured has not and will not assign any interest in the Financed Policies except for the interest of mortgagees and loss payees, (b) the Down Payment and any past due payments have been paid in full to the Agent or Broker or Lender in cash or other immediately available funds, (c) all information provided herein or in connection with the Agreement is true, correct, and not misleading, (d) Insured is not insolvent nor presently involved in any insolvency proceeding, (e) Insured has no indebtedness to the insurance companies issuing the Financed Policies, (f) there is no provision in the Financed Policies that would require LENDER to notify or obtain consent from any other party to effect cancellation of the Financed Policies, and (g) Insured has disclosed if he or she is a covered member of the armed forces or a dependent of a covered member as defined in the Military Lending Act.
WARRANTY OF ACCURACY. The Major Sub-contractor warrants to each Statement Beneficiary that the Major Sub- contractor Statements submitted by it will be, subject to unintended error that the Major Sub- contractor agrees to rectify, true, complete and accurate statements of the amounts to which the Major Sub-contractor considers itself entitled.
WARRANTY OF ACCURACY. The Contractor warrants to the Security Agent that the statements submitted by it pursuant to Clause 8 shall be (so far as reasonably practicable in relation to Clause 8.1.2) true, complete and accurate statements of the amounts to which the Contractor considers itself entitled.
WARRANTY OF ACCURACY. Insured warrant that all Policies are in full force and effect and that it has not and will not assign any specific interest in the unearned premiums for the policies. FIRST is authorized by Insured to insert the names of insurers, policy numbers and first instalment due date in this Agreement if omitted or if any financed policy has not been issued at the time of signing. Insured represents that none of the Policies are for personal, household or family purposes, including without limitation for the business of farming in the Provinces of Alberta or ▇▇▇▇▇▇ ▇▇▇▇▇▇ Island or for the business of fishing in ▇▇▇▇▇▇ ▇▇▇▇▇▇ Island. Insured further warrants that no insolvency proceedings is instituted by or against Insured, it has paid in full to Broker or FIRST the down payment and any past due instalments, and FIRST need not notify or obtain consent from another party to effect cancellation of the Policies.
WARRANTY OF ACCURACY. Receiving Party understands that the information provided by Protected Party is being provided solely for the purpose of assisting Receiving Party in conducting its own independent investigation of the Subject Assets. Receiving Party acknowledges that Protected Party does not make any representation or warranty as to the quality, accuracy, materiality or completeness of any information which is so provided (including, without limitation: (a) the existence of any and all prospects referenced in such information, (b) the geographic, geologic or geophysical characteristics associated with any and all potential prospects referenced in such information, (c) the existence, quality, quantity or recoverability of reserves associated with the Subject Assets, (d) costs, expenses, accounts payable, revenues, receipts or accounts receivable associated with the Subject Assets, (e) contractual, economic, financial or tax information and data associated with the Subject Assets, (f) continued financial viability or productivity of the Subject Assets, (g) title to the Subject Assets, and (h) environmental or physical condition of the Subject Assets). Neither Protected Party nor any officer, director, manager, member, employee or representative of Protected Party shall have any liability to Receiving Party or the Representatives resulting from the use of such information by Receiving Party or the Representatives. For the purposes of this Section 6, "information" is deemed to include all information furnished by Protected Party to Receiving Party, whether or not such information constitutes Confidential Information.