This excerpt taken from the RTRSY 6-K filed Feb 29, 2008.
Representations and Warranties
The Implementation Agreement contains a number of customary representations and warranties of Reuters, Thomson and Woodbridge relating to: (i) proper organisation, good standing and corporate authority; (ii) enforceability of and compliance with the terms of the Implementation Agreement; (iii) the absence of any conflicts, breaches or defaults (statutory, contractual or fiduciary) arising from the parties performance under the Implementation Agreement; (iv) the accuracy of information; and (v) lack of knowledge of information likely to lead to a breach of the Implementation Agreement. Woodbridge has further represented and warranted that it is the beneficial owner of approximately 70 per cent. of the outstanding Thomson Shares. Thomson Reuters PLC has provided representations and warranties related to proper organisation, good standing and corporate authority, and has warranted that it has not entered into any contract other than the Implementation Agreement and other documents related to the Transaction.