The undersigned hereby warrants that the information contained herein is true, accurate and 2025

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A representation is an assertion as to a fact, true on the date the representation is made, that is given to induce another party to enter into a contract or take some other action. A warranty is a promise of indemnity if the assertion is false.
Representations and Warranties clause is a contractual clause that contains factual statements and assurances about conditions relevant to the contract. Representations address current or past facts, while Warranties promise the ongoing truth or legal backing of these facts.
The representations and warranties allocate risk between the parties and serve as the foundation for an indemnification claim in case of a breach or inaccuracy. A breach or inaccuracy of a representation or warranty can also provide the other party with a right to terminate or refuse to close the transaction.
Representation Warranty Insurance (RW Insurance) is a type of insurance policy purchased in connection with corporate transactions, and covers the indemnification for certain breaches of the representations and warranties in the transaction agreements.
The phrase represents and warrants is a fixture in English-language contracts. Its used to introduce statements of fact, as are the verbs represents and warrants used separately. And the words representation and warranty are used to refer to statements of fact in a contract.

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GENERAL WARRANTY Depending on the type of contract, a warranty clause may cover the products or services to be exchanged. For example, in a sale of goods, the warranty clause will generally promise that the seller will provide goods that are free of defects, otherwise the buyer can seek a legal remedy for the breach.

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