DISCLOSURE COVENANTS Sample Clauses
The Disclosure Covenants clause sets out the obligations of parties to provide accurate and complete information relevant to the agreement. Typically, it requires each party to disclose any material facts, risks, or changes that could affect the other party’s decision-making or the performance of the contract. For example, a seller might be required to inform a buyer of any known defects in a product or pending litigation. The core function of this clause is to promote transparency and trust between parties, reducing the risk of disputes arising from withheld or misleading information.
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DISCLOSURE COVENANTS. The Borrower hereby approves of the use and distribution of the Placement Memorandum (including any amendments, modifications and supplements thereto made or approved by the Borrower) and all exhibits and appendices thereto and all other documents provided by the Borrower to the Remarketing Agent for use in the remarketing of the Notes. The Borrower agrees to cause the Remarketing Agent to be furnished with as many copies of the Placement Memorandum and all exhibits and appendices thereto and documents incorporated by reference therein as the Remarketing Agent may reasonably request and the Borrower agrees to furnish the Remarketing Agent with such other information as the Borrower deems necessary or as the Remarketing Agent may reasonably request from time to time in connection with the remarketing of the Notes in accordance with the terms hereof. If at any time during the term of this Remarketing Agreement any event or condition known to the Borrower relating to or affecting the Borrower, the Bank, the Project or the Notes or any document or agreement related to the Notes or executed in connection with the issuance or placement thereof shall occur which might affect the accuracy or completeness of any statement of a material fact contained in the Placement Memorandum or any exhibit or appendix thereto or document incorporated by reference therein or any other materials or information furnished by the Borrower to the Remarketing Agent in connection with the placement, remarketing or sale of any Note hereunder, the Borrower shall promptly notify the Remarketing Agent in writing of the circumstances and details of such event or condition.
DISCLOSURE COVENANTS. The Borrower hereby approves of the use and distribution of the Placement Memorandum (including any amendments, modifications and supplements thereto) and all exhibits and appendices thereto and all other documents provided by the Borrower to the Placement Agent for use in the placement of the Notes from time to time. The Borrower agrees to cause the Placement Agent to be furnished with as many copies of the Placement Memorandum and all exhibits and appendices thereto and documents incorporated by reference therein as the Placement Agent may reasonably request and the Borrower agrees to furnish the Placement Agent with such other information as the Borrower deems necessary or as the Placement Agent may reasonably request from time to time in connection with the placement of the Notes in accordance with the terms hereof. If at any time during the term of this Placement Agreement any event or condition known to the Borrower relating to or affecting the Borrower, the Bank, the Project or the Notes or any document or agreement related to the Notes or executed in connection with the issuance or