Common use of Preparation of Proposals Clause in Contracts

Preparation of Proposals. 2.3.1. By submitting a Proposal, each Entity and each Participant confirms that it has received the complete Tender Documents, that it has read, considered and understood the Tender Documents, and that it accepts the terms and conditions thereof and all obligations and undertakings specified or implied therein. 2.3.2. Each Participant, each Entity participating with such a Participant, and anyone on their behalf, shall be deemed to have obtained legal advice, and shall be deemed to have familiarized itself with the Laws relevant to the Tender Process and the Project. The Proposals shall be prepared and submitted in accordance with any applicable Law, as amended from time to time (even if the amendment shall be introduced during the Tender Process).