Representations are True Sample Clauses
The 'Representations are True' clause requires that all statements, facts, or assurances made by a party in the agreement are accurate and truthful at the time they are made. In practice, this means that each party must ensure that any information they provide—such as financial statements, legal compliance, or ownership details—is correct and not misleading. This clause serves to build trust between parties and provides a basis for recourse if any misrepresentations are discovered, thereby reducing the risk of disputes arising from false or incomplete information.
Representations are True. All written representations, recitals and affirmations made in this Agreement by any Party shall be true and correct in all material respects as of the Closing Date as if made at the Closing, except for changes in the usual and ordinary course of business that, individually or in the aggregate, do not affect materially the financial condition, business or prospects of the Party that made the representation that has changed or would not have a material adverse effect on such Party's ability to perform its obligations under this Agreement. No Party may avoid its obligations under this Agreement by asserting that its own representations are not true and correct in all material respects as of the Closing Date.
Representations are True. No warranty or representation by Seller set forth herein, or in any certificate or other document furnished to a Purchaser by Seller, contains any
Representations are True. The Seller's representations and warranties ------------------------ in Clause 7.1 shall be true in all material respects as of the Effective Date and the Closing Date and the Seller shall have delivered to the Purchaser a certificate of a senior officer of the Seller, in the form of Schedule "H"; and
Representations are True. The representations and ------------------------ warranties made by PRP to NGP in this Agreement shall be true and correct on the Closing Date with the same force and effect as though those representations and warranties had been made on the Closing Date. If requested by NGP, PRP shall execute and deliver to NGP prior to the Closing a certificate updating the representations and warranties of such parties through Closing and disclosing any new matters relating to the Property.