Affirmation of Recitals Sample Clauses
The Affirmation of Recitals clause serves to confirm that the background statements or recitals at the beginning of a contract are accurate and form an integral part of the agreement. In practice, this clause ensures that both parties acknowledge the truthfulness of the facts and intentions described in the recitals, which may include the purpose of the contract, relevant history, or the relationship between the parties. By affirming the recitals, the clause helps prevent disputes over the context or intent of the agreement, thereby providing clarity and a shared understanding of the contract’s foundation.
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Affirmation of Recitals. The findings set forth in the Recitals of this Agreement are hereby incorporated as the official findings of the City Council.
Affirmation of Recitals. The recitals set forth above are true and correct and are incorporated herein by this reference.
Affirmation of Recitals. The Borrowers and the Guarantors hereby acknowledge and affirm the accuracy of the foregoing recitals.
Affirmation of Recitals. The Recitals set forth above are true and correct and are incorporated herein by this reference.
Affirmation of Recitals. Each party hereto acknowledges and affirms that the recitals set forth above are true and correct. Such recitals are incorporated herein by reference.
Affirmation of Recitals. The Loan Parties each hereby acknowledge and affirm the accuracy of the foregoing recitals.
Affirmation of Recitals. Each Credit Party acknowledges and confirms that each of the recitals set forth above is true and correct.
Affirmation of Recitals. The Borrowers and the Guarantors hereby acknowledge and affirm the accuracy of the recitals set forth at the beginning of this Amendment.
Affirmation of Recitals. The matters set forth in the Recitals of this Agreement are true and correct and are incorporated in this Agreement as official findings of the City Council.
Affirmation of Recitals. The recitals set forth above are true and correct, are incorporated herein by reference, are being relied upon by the Bank and are acknowledged by the Borrowers to be a material part of this Amendment.