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A-Z of banking and finance: K is for Knowledge Qualifiers

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By Andrew Dodds, Himal Bulathsinhala
| stevens-bolton.com
Representations and warranties are critical clauses in a loan agreement as they provide the lender with actionable statements of current or future facts, covering items such as the borrower's financial status and its legal standing, its compliance with laws, ownership of its assets and the quality of information it has provided.
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