A warranty, in the following sections relating to warranties, means a promissory warranty, that is to say, a warranty by which the assured undertakes that some particular thing shall or shall not be done, or that some condition shall be fulfilled, or whereby he affirms or negatives the existence of a particular state of facts.

A warranty may be express or implied.

A warranty, as above defined, is a condition which must be exactly complied with, whether it be material to the risk or not. F1...