Common use of Misstatements; Omissions Clause in Contracts

Misstatements; Omissions. Any representation or warranty of TECO set forth in this Undertaking shall be untrue or misleading in any material respect as of the time made and such untrue or misleading representation or warranty (i) is having or could reasonably be expected to result in a TECO Material Adverse Effect and (ii) shall remain unremedied by TECO for a period of 30 days after the earlier of the date that TECO becomes aware thereof or receives written notice thereof from Beneficiary.