No violation: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
Created page with "{{repanat|no violation}}"
 
No edit summary
Line 1: Line 1:
{{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?

Revision as of 16:51, 13 June 2019

Representations and Warranties Anatomy™

{{{2}}}
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.

view template

Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.


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 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?