# Material Contracts Representation

**IRI:** https://folio.openlegalstandard.org/R7WUWbLlupo51XOIT68Jiz2

## Labels

## Definition

Material Contracts Representation refers to a clause in merger and acquisition agreements where the selling party provides assurance about the status, validity, and enforceability of significant contracts to which the target entity is a party. It seeks to ensure that these critical contracts are in good standing and there are no hidden liabilities or issues that might adversely affect their value or enforceability.

## Sub Class Of

- https://folio.openlegalstandard.org/R9rCNhUCohkUGbQyd1C3uzz

**Deprecated:** False