Representations and warranties - Revision history

imported>Doug Williamson: Layout.

2022-10-02T16:29:11Z

Layout.

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	They generally assert that the borrower is empowered to borrow, that it is legally constituted and so forth.		They generally assert that the borrower is empowered to borrow, that it is legally constituted and so forth.


	They may also assert that there is no legal claim against the borrower at the time of the agreement being made.		They may also assert that there is no legal claim against the borrower at the time of the agreement being made.

imported>Doug Williamson: Add link.

2020-05-11T19:49:48Z

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← Older revision		Revision as of 19:49, 11 May 2020
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	== See also ==		== See also ==
			* [[Condition]]
	* [[Covenant]]		* [[Covenant]]
	* [[Event of default]]		* [[Event of default]]

imported>Doug Williamson: Add link.

2020-05-11T19:48:56Z

Add link.

← Older revision		Revision as of 19:48, 11 May 2020
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	== See also ==		== See also ==
			* [[Covenant]]
	* [[Event of default]]		* [[Event of default]]
	* [[Loan agreement]]		* [[Loan agreement]]

imported>Doug Williamson: Spacing and category added 20/8/13

2013-08-20T14:45:42Z

Spacing and category added 20/8/13

← Older revision		Revision as of 14:45, 20 August 2013
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	A section of a loan agreement in which the borrower asserts the truth of information regarding the borrower's state of affairs. They generally assert that the borrower is empowered to borrow, that it is legally constituted and so forth. They may also assert that there is no legal claim against the borrower at the time of the agreement being made.		A section of a loan agreement in which the borrower asserts the truth of information regarding the borrower's state of affairs.

			They generally assert that the borrower is empowered to borrow, that it is legally constituted and so forth.

			They may also assert that there is no legal claim against the borrower at the time of the agreement being made.

	Whilst there are some technical differences between the effects of representations and of warranties, most loan agreements in practice set out these clauses to be both representations ''and'' warranties.		Whilst there are some technical differences between the effects of representations and of warranties, most loan agreements in practice set out these clauses to be both representations ''and'' warranties.


	== See also ==		== See also ==
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	* [[Loan agreement]]		* [[Loan agreement]]
	* [[Warranty]]		* [[Warranty]]


			[[Category:Treasury_operations_infrastructure]]

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2012-10-23T14:20:33Z

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A section of a loan agreement in which the borrower asserts the truth of information regarding the borrower's state of affairs. They generally assert that the borrower is empowered to borrow, that it is legally constituted and so forth. They may also assert that there is no legal claim against the borrower at the time of the agreement being made.

Whilst there are some technical differences between the effects of representations and of warranties, most loan agreements in practice set out these clauses to be both representations ''and'' warranties.

== See also ==
* [[Event of default]]
* [[Loan agreement]]
* [[Warranty]]