No event of default or potential event of default

Representations and Warranties Anatomy™ →Go uptown {{{2}}} A “typical” No default or potential event of default clause: No event of default or potential event of default: there has been no event of default or potential event of default under this agreement, and none would occur as a result of you executing or performing your obligations under this agreement. view template Representations and warranties generally | Representations | Warranties | Covenants | Acknowledgements | Representations in the ISDA | Warranties in the GMSLA | Representations in the GMRA | Waiver by estoppel | AcknowledgementCommon representations: Status | Capacity | Authority | No violation | Consents | Obligations binding | Principal | Understanding | Non-reliance | No representation | Unencumbered owner | No default or potential event of default | No litigation | No fiduciary obligation | Representations and warranties 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.

This is a classis loo paper rep: soft, durable, comfy, absorbent — super cute when a wee labrador pub grabs one end of the streamer and charges round the Italian sunken garden with it — but as a credit mitigant or contractual protection, only good for wiping your behind on.