Simple definition
A statement of fact made by a party in connection with an agreement.
A statement of fact made by a party in connection with an agreement.
A contract may use “representation” when describing a statement of fact made by a party in connection with an agreement.
A statement of fact made by a party in connection with an agreement.
Representations and warranties state facts, promises, or assurances that a party is making in connection with the agreement.
They can allocate responsibility for inaccurate statements and may connect to remedies, indemnity, or termination rights. Review the exact language rather than relying on the label alone.
A statement of fact made by a party in connection with an agreement.
Representations and warranties state facts, promises, or assurances that a party is making in connection with the agreement.
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