Prohibition on Material Misrepresentations Clause Samples
The Prohibition on Material Misrepresentations clause serves to prevent any party from providing false or misleading information that is significant to the agreement. In practice, this clause applies to statements, disclosures, or representations made during negotiations or within the contract itself, ensuring that all material facts are accurately presented. Its core function is to protect parties from entering into agreements based on deceptive or incomplete information, thereby reducing the risk of fraud and promoting trust between the parties.
Prohibition on Material Misrepresentations. No Participating Manufacturer may make any material misrepresentation of fact regarding the health consequences of using any Tobacco Product, including any tobacco additives, filters, paper or other ingredients. Nothing in this subsection shall limit the exercise of any First Amendment right or the assertion of any defense or position in any judicial, legislative or regulatory forum.