BREACH OF REPRESENTATION OR WARRANTY definition

BREACH OF REPRESENTATION OR WARRANTY any representation, warranty or statement which is made by either Borrower or any Guarantor in any of the Finance Documents or which is contained in any certificate, statement or notice provided under or pursuant to any of the Finance Documents proves to have been incorrect or misleading in any material respect when made (or deemed repeated);
BREACH OF REPRESENTATION OR WARRANTY any representation or warranty made or deemed to be repeated by any Obligor in any Finance Document or in any document delivered pursuant to it is not complied with or is or proves to have been incorrect or misleading in any material respect when made or deemed to be repeated;
BREACH OF REPRESENTATION OR WARRANTY any representation, warranty or statement made or deemed to be repeated by either of the Obligors under this Agreement or in any document delivered by it or on its behalf under or in connection with this Agreement is or proves to have been incorrect or misleading when made or deemed to have been repeated; or

Examples of BREACH OF REPRESENTATION OR WARRANTY in a sentence

  • NOTWITHSTANDING THE FOREGOING, THE SOLE AND EXCLUSIVE RIGHT AND REMEDY OF THE TRUSTEE WITH RESPECT TO A BREACH OF REPRESENTATION OR WARRANTY OF THE MORTGAGE LOAN SELLER SHALL BE THE CURE, PURCHASE OR SUBSTITUTION OBLIGATIONS OF THE MORTGAGE LOAN SELLER CONTAINED IN SECTIONS 5 AND 7 HEREOF.

  • ANY CLAIMS PURCHASER MAY HAVE FOR BREACH OF REPRESENTATION OR WARRANTY SHALL BE BASED SOLELY ON THE REPRESENTATIONS AND WARRANTIES OF SELLER SET FORTH IN ARTICLE V HEREOF (AS MODIFIED BY THE SCHEDULES HERETO AS SUPPLEMENTED OR AMENDED).

  • BUYER AND PARENT HEREBY ACKNOWLEDGE AND AGREE THAT (A) EXCEPT TO THE EXTENT SPECIFICALLY SET FORTH IN THIS ARTICLE 2 (AS QUALIFIED BY THE DISCLOSURE SCHEDULE), BUYER IS ACQUIRING THE ASSETS AND BUSINESS OF THE COMPANY ON AN "AS IS, WHERE IS" BASIS, AND (B) ANY CLAIMS BUYER OR PARENT MAY HAVE FOR BREACH OF REPRESENTATION OR WARRANTY MUST BE BASED SOLELY ON THE REPRESENTATIONS AND WARRANTIES SET FORTH IN THIS ARTICLE 2 (AS QUALIFIED BY THE DISCLOSURE SCHEDULE).

  • FURTHERMORE, NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, IN THE EVENT PURCHASER HAS ACTUAL KNOWLEDGE OF A BREACH OF ANY OF SELLER’S REPRESENTATIONS AND WARRANTIES CONTAINED HEREIN AS OF THE EFFECTIVE DATE, PURCHASER HEREBY WAIVES (I) ANY CLAIMS AGAINST SELLER, AND (II) ANY RIGHT TO TERMINATE THIS AGREEMENT, IN EITHER CASE, SOLELY ON ACCOUNT OF ANY SUCH BREACH OF REPRESENTATION OR WARRANTY OF WHICH PURCHASER HAS ACTUAL KNOWLEDGE AS OF THE EFFECTIVE DATE.

  • In connection with any transfer described herein to Term Loan Agent, the Revolving Credit Agent agrees to take reasonable actions in its power (with all costs and expenses in connection therewith to be for the account of the Term Loan Agent and to be paid by Borrower) as shall be reasonably requested by the Term Loan Agent to permit the Term Loan Agent to obtain, for the benefit of the Term Loan Secured Parties, a first priority security interest in the Control Collateral.


More Definitions of BREACH OF REPRESENTATION OR WARRANTY

BREACH OF REPRESENTATION OR WARRANTY any representation, warranty or statement made or deemed to be repeated by a Group Company under any Financing Document or in any document delivered by or on behalf of a Group Company under or in connection with any Financing Document is incorrect when made or deemed to have been repeated; or
BREACH OF REPRESENTATION OR WARRANTY any representation, warranty or statement made or deemed to be repeated by any Group Company under any Financing Document or in any document delivered by or on behalf of Swiss Newco under or in connection with any Financing Document is incorrect when made or deemed to have been repeated and, where the event or circumstances giving rise to such breach is capable of remedy, such event or circumstances are not remedied within 15 Business Days of the Facility Agent notifying the Parent Guarantor of such breach; or
BREACH OF REPRESENTATION OR WARRANTY. Any representation or warranty by the Borrowers pursuant to Clause 10 is not complied with in any material respect or is or proves to have been incorrect, in any material respect, when made.
BREACH OF REPRESENTATION OR WARRANTY any representation, warranty or statement made by the Chargors in this Deed or in any document delivered under it now or at any later date is not complied with or is incorrect or untrue or ceases to be correct or true in any respect; or
BREACH OF REPRESENTATION OR WARRANTY. Any representation, warranty or statement by the Chargor in this Charge or in any document delivered under it is not complied with or is or proves to have been materially incorrect.
BREACH OF REPRESENTATION OR WARRANTY any representation, warranty or statement made by the Borrower or the Guarantors under this Agreement or in any document delivered by or on behalf of the Borrower or the Guarantors under or in connection with this Agreement is materially incorrect when made; or
BREACH OF REPRESENTATION OR WARRANTY any representation, warranty or statement made or deemed to be made or repeated by any Charging Group Company under any Discounting Document or in any document delivered by or on behalf of any Client under or in connection with any Discounting Document is incorrect when made or deemed to have been repeated; or