Reps & Warranties: Full Disclosure
Essential Question:
Are you really really sure this is true?
In Brief:
Everything in these documents is true and complete.
Category: Continued Diligence & Fact-Finding; Risk Allocation
What is it?
Affirmation that the information it has provided throughout the Transaction Documents is accurate and complete.
When does it matter?
In the case that something is technically accurate, but perhaps misleading, this representation covers it.
What to look out for?
You may want to consider including a provision stating that it makes no representations or warranties other than those in the Agreement.
