A thorough review of representations and warranties clauses reveals exactly what each party is claiming to be true and what happens if those claims turn out to be false later. This matters because these clauses often determine whether you have legal recourse if the other party misled you, and they're a common place where deals unravel after closing.
Representations and warranties are statements of fact made by one or both parties in a contract, assuring that certain conditions are true at the time of signing and sometimes throughout the contract term. Breaching a representation or warranty can trigger liability, indemnification obligations, or grounds for terminating the agreement.
AI can identify all representation and warranty provisions in a document, flag ones that make broad or risky promises on your behalf, and compare them against standard language so you understand your exposure before committing to the contract.
Peri can explain this concept, give practical examples, help you decide whether it applies to your situation, or recommend a journey if appropriate.
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