DBH SHAREHOLDERS REPRESENTATIONS Clause Samples

The "DBH Shareholders Representations" clause sets out the specific statements and assurances made by the shareholders of DBH regarding their authority, ownership, and the accuracy of information provided in connection with a transaction. Typically, this clause requires shareholders to confirm that they have the legal right to enter into the agreement, that their shares are free from encumbrances, and that all disclosures made are true and complete. Its core practical function is to allocate risk by ensuring that the other party can rely on these representations, providing a basis for recourse if any statements are found to be false or misleading.