Prior Knowledge and Agreement Clause Samples

The Prior Knowledge and Agreement clause establishes that both parties acknowledge any relevant information or understandings they possessed before entering into the contract. This clause typically clarifies that any prior discussions, negotiations, or informal agreements are either incorporated into the contract or superseded by its terms. Its core function is to prevent disputes over earlier communications by ensuring that only the written contract governs the parties' relationship, thereby promoting certainty and reducing the risk of misunderstandings.