Title; Accurate Information Sample Clauses
The 'Title; Accurate Information' clause requires that all parties provide truthful and correct information relevant to the agreement. In practice, this means each party must ensure that any statements, representations, or disclosures they make—such as business details, ownership status, or compliance with laws—are factually accurate and not misleading. This clause helps prevent misunderstandings or disputes by holding parties accountable for the accuracy of the information they share, thereby fostering trust and reducing the risk of contractual breaches due to misinformation.
Title; Accurate Information. Each Grantor owns the Collateral purported to be owned by it or otherwise has the rights it purports to have in each item of Collateral and, as to all Collateral whether now existing or hereafter acquired, will continue to own or have such rights in each item of Collateral, in each case free and clear of all Liens, rights or claims of any Person, other than Permitted Liens. All information supplied by or on behalf of any of the Grantors with respect to any of the Collateral (in each case taken as a whole with respect to any particular Collateral) is accurate and complete in all material respects.
Title; Accurate Information. Organizational Matters