Material inaccuracy. 4.10.1 The information provided by or on behalf of the insured in connection with this insurance (whether at inception or otherwise) shall be materially accurate and not omit material information which is known by the insured’s board members or equivalent and/or the insured’s risk manager or ought to have been known by them following their reasonable enquiry.
Material inaccuracy. If a failure by the Grantee to comply with the terms of this Agreement, or an audit report determination that the Grantee has violated applicable state or federal law as it relates to this Project, stems from falsely certified information on the Funding Application or Fund Release Application (including certifications made by architects or other design professionals), then Material Inaccuracy findings and penalties, as described in Education Code 17070.51 and SFP Regulation Section 1859.104.1, may apply.
Material inaccuracy. Material inaccuracy in any of the representations and warranties of Debtor to Secured Parties contained in the Letter Agreements.
Material inaccuracy. The Borrower and Guarantors agree that if any warranty and representation contained in this Amendment is incorrect or inaccurate in any material respect, that shall constitute a Default or Event of Default under the terms of the Loan Documents.
Material inaccuracy. If at any time prior to the Closing Date or the date of any subsequent advance, the Lenders or their professional advisors shall have been apprised of or shall have determined on their own behalf that there was a material inaccuracy as at the date given in written information given by the Borrower, or other persons acting for or on behalf of the Borrower, to the Lenders or others on their behalf concerning the Borrower or the Business, the Lenders, acting reasonably, may terminate this Agreement by written notice to the Borrower, and all monies advanced hereunder, if any, prior to that time shall be repayable forthwith and the Borrower shall be required to pay all reasonable legal fees incurred by the Lenders until the date of termination
Material inaccuracy. If Buyer shall discover prior to the Close of Escrow any inaccuracies in any of Seller's warranties and representations, Buyer shall notify Seller thereof. If any material inaccuracies in Seller's warranties and representations shall be discovered by Buyer prior to the Close of Escrow, then Buyer may terminate this Agreement by delivering notice thereof to Seller and Escrow Holder on or before the Closing Date, in which case (i) the Title Company shall return the Deposit , (ii) Seller shall be responsible for payment of all costs and expenses associated with the cancellation of the escrow, (iii) Buyer shall return to Seller all Property Documents in Buyer's possession, and (iv) the respective obligations of Buyer and Seller under this Agreement shall terminate. Buyer Oriented Representations and Warranties For Purchase Agreement By Xxxx Xxxxx Xxxxx Xxxxxxxxxx LLP Los Angeles, California
Material inaccuracy. The information provided by or on behalf of the Insured in connection with this insurance (whether at inception or otherwise) must be materially accurate and not omit material information which is known by the Insured’s board members or equivalent and/or the Insured’s risk manager or ought to have been known by them following their reasonable enquiry. Breach by fraud or dishonesty If the Insured or anyone acting on its behalf breaches this condition (whether at inception or otherwise) by fraud or dishonest act or omission, the Insurer may:
