No violation: Difference between revisions

Latest revision as of 18:54, 19 December 2020

Representations and Warranties Anatomy™

A “typical” no violation clause:

No violation: execution of and performance of your obligations under this agreement does not breach applicable rules, your constitutional documents or any other agreements by which you are bound.

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-{{repanat|no violation}}
+{{repanat|no violation|}}
-No, it doesn't make any sense to add this agreement, nor to have a separate continuing warranty that you have not breached this agreement. That is tantamount to a {{repprov|no event of default}} rep — so you should already have it — and as canvassed in that very article, that [[representation]] is  in any case a big old waste of time in any case. If I tell you I have not breached the agreement, but in actual fact I have, in what way are you in a better position than if I didn't tell you that?
+{{rep no violation}}
+{{sa}}
+*{{isdaprov|No Violation or Conflict}} under the {{isdama}}