Actions Affecting Representations Clause Samples
The "Actions Affecting Representations" clause defines how certain actions or omissions by a party can impact the truth or validity of the representations and warranties made in an agreement. Typically, this clause stipulates that parties must refrain from taking actions or failing to act in ways that would render their prior statements or assurances inaccurate or misleading. For example, if a party has represented that it owns certain assets, it must not transfer or encumber those assets in a way that would contradict that representation. The core function of this clause is to maintain the integrity of the representations throughout the contract period, preventing parties from undermining their own assurances and thereby protecting the other party from unexpected changes or risks.
Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A.
Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A.
(e) Section 1(c). For purposes of Section 1(c) of the Agreement, the Transactions evidenced by the Confirmations with Reference ID: 405303HN, and Reference ID: 405309HN, each dated August 25, 2006, between Party A and Party B, as amended from time to time, shall be the sole Transactions under the Agreement.
Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A.
(e) Section 1(c). For purposes of Section 1(c) of the Agreement, the Transaction evidenced by Confirmation, dated January 30, 2006, between Party A and Party B, as amended from time to time, shall be the sole Transaction under the Agreement.
Actions Affecting Representations. The Fund, the Agent and Party A each agree not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement materially untrue, incorrect, or incomplete. If any event or condition occurs that renders or could render any such representation made by it untrue, incorrect, or incomplete, the Fund and/or the Agent, as applicable, will immediately give written notice thereof to Party A.