Common use of Acknowledgment of Reasonableness Clause in Contracts

Acknowledgment of Reasonableness. The parties agree that Sections 13.1 and 13.2 have been negotiated fully and fairly by the parties, each being represented and advised by counsel. Lyric and each Franchisee acknowledge that Lyric and such Franchisee willingly and freely accept the provisions of Section 13.1 and 13.2 as reasonable and necessary under the circumstances. One of the acknowledged reasonable business purposes of Franchisor is to protect Franchisor's goodwill and proprietary rights. Lyric and each Franchisee acknowledge further that Franchisor would not enter into this Agreement without the covenants of Sections 13.1 and 13.2, and that it is fair and reasonable for Lyric and every Franchisee to be subject to such covenants.