Termination Due to Misrepresentation Clause Samples
The 'Termination Due to Misrepresentation' clause allows a party to end a contract if the other party has provided false or misleading information during the negotiation or execution of the agreement. In practice, this clause typically applies when one party discovers that material facts were misrepresented, such as overstating qualifications or concealing liabilities, which influenced the decision to enter into the contract. Its core function is to protect parties from being bound by agreements based on dishonesty, thereby allocating risk and ensuring fairness in contractual relationships.
Termination Due to Misrepresentation. (a) If requested, the Account Owner will provide documentation verifying representations made on the Application or any document submitted by the Account Owner with respect to the Agreement.
(b) The Board may terminate an Account if a material misrepresentation is made in the Application or in any communication from the Account Owner or Beneficiary to the Board regarding the Account. A material misrepresentation includes, but is not limited to, providing an invalid Social Security Number or taxpayer identification number, providing false certification that a person is a Member of the Family of the Beneficiary, falsely certifying the Beneficiary’s Residency, or falsely certifying that a person is a citizen or resident alien of the United States.
(c) Upon receipt of the Request, the Board will issue a refund to the Account Owner, if any, less the penalty authorized in paragraph 7.03 and any other outstanding fees.
Termination Due to Misrepresentation. COUNTY may immediately terminate this Lease, if LESSOR intentionally provides COUNTY with false or misleading information or misrepresents any material fact on its application or statement to or before COUNTY, or intentionally fails to make full disclosure on its financial statement or other documents.
Termination Due to Misrepresentation. (a) The Board may terminate an Account if a material misrepresentation is made in the Application or in any communication from the Account Owner or Beneficiary to the Board regarding the Account. A
(b) Within 30 days of receipt of the Notarized Request, the Board will issue a refund to the Account Owner for the Account Balance at time of involuntary termination, if any, less the penalty authorized in 7.04 and any other outstanding fees.