Common use of Reliance on Warranties Clause in Contracts

Reliance on Warranties. (a) Each Warranty will, unless otherwise specified, be made on the signing of this Funding Agreement by the Recipient and be repeated each day of the term of this Funding Agreement. (b) As soon as practicable after becoming aware of any matter which is likely to impact upon the accuracy of a Warranty, or the Recipient’s ability to comply with a warranty, the Recipient must give written notice to the Department detailing that matter and its likely impact on the Recipient’s ability to comply with that Warranty. (c) The Recipient acknowledges and agrees that the Department has entered into this Funding Agreement and performs this Funding Agreement in reliance on the Warranties.

Reliance on Warranties. (a) Each Warranty will, unless otherwise specified, be made on the signing of this Funding Agreement agreement by the Recipient and be repeated each day of the term of this Funding Agreementagreement. (b) As soon as practicable after becoming aware of any matter which is likely to impact upon the accuracy of a Warranty, or the Recipient’s ability to comply with a warrantyWarranty, the Recipient must give written notice to the Department detailing that matter and its likely impact on the Recipient’s ability to comply with that Warranty. (c) The Recipient acknowledges and agrees that the Department has entered into this Funding Agreement agreement and performs this Funding Agreement agreement in reliance on the Warranties.