Common use of Errors and Misdescriptions Clause in Contracts

Errors and Misdescriptions. 22.1 The Buyer will be entitled to compensation on Completion (and the Price will be reduced accordingly) in full and final settlement if the Buyer suffers a loss as a result of an error of any kind or misdescription, and the Buyer makes a claim for compensation before Completion. 22.2 This clause 22 applies even if the Buyer did not take notice of or rely on anything in this Contract containing or giving rise to the error or misdescription. 22.3 The Buyer is not entitled to compensation to the extent the Buyer knew the true position before the Date of this Contract.

Appears in 3 contracts

Samples: First Grant Contract, First Grant Contract, First Grant Contract

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Errors and Misdescriptions. 22.1 23.1 The Buyer will be entitled to compensation on Completion (and the Price will be reduced accordingly) in full and final settlement if the Buyer suffers a loss as a result of an error of any kind or misdescription, and the Buyer makes a claim for compensation before Completion. 22.2 23.2 This clause 22 23 applies even if the Buyer did not take notice of or rely on anything in this Contract containing or giving rise to the error or misdescription. 22.3 23.3 The Buyer is not entitled to compensation to the extent the Buyer knew the true position before the Date of this Contract.

Appears in 2 contracts

Samples: First Grant Contract, First Grant Contract

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Errors and Misdescriptions. 22.1 23.1 The Buyer will be entitled to compensation on Completion (and the Price will be reduced accordingly) in full and final settlement if the Buyer suffers a loss as a result of for an error of any kind or misdescription, and misdescription if the Buyer makes a claim for compensation before Completion. 22.2 23.2 This clause 22 applies even if the Buyer did not take notice of or rely on anything in this Contract containing or giving rise to the error or misdescription. 22.3 23.3 The Buyer is not entitled to compensation to the extent the Buyer knew the true position before the Date of this Contract.

Appears in 1 contract

Samples: Grant Contract

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