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In an asset purchase agreement, the seller has made the following representation: To the Seller's knowledge, there are no lawsuits or other proceedings pending or

In an asset purchase agreement, the seller has made the following representation: "To the Seller's knowledge, there are no lawsuits or other proceedings pending or threatened against it." If you were the buyer, would revise the representation? If you were the seller, would you revise the representation that the seller is making to the buyer?

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