Understanding and Acknowledgement Sample Clauses
The "Understanding and Acknowledgement" clause serves to confirm that all parties involved have read, comprehended, and agree to the terms and conditions outlined in the agreement. Typically, this clause requires each party to affirm that they have had the opportunity to review the contract, seek clarification, and consult with advisors if necessary. Its core practical function is to prevent future disputes by establishing that all parties entered into the agreement with full awareness and understanding of their rights and obligations.
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Understanding and Acknowledgement. ▇▇. ▇▇▇▇▇▇ understands all of the terms of this General Release and has not relied on any oral statements or explanation by ATK. ▇▇. ▇▇▇▇▇▇ has had adequate time to consult with legal counsel and to consider whether to sign this General Release, and ▇▇. ▇▇▇▇▇▇ is signing this General Release knowingly and voluntarily.
Understanding and Acknowledgement. Upon execution of this Agreement, both parties do hereby acknowledge that they have read, understood and agree with the terms and conditions of this Agreement.
Understanding and Acknowledgement. The Sellers represent to the Buyer and the Buyer represents to the Sellers, that (a) before executing this Agreement, said party has fully informed itself of the terms, contents, conditions and effects of this Agreement; (b) said party has relied solely and completely upon its own judgment in executing this Agreement; (c) said party has had the opportunity to seek and has obtained the advice of its own legal, tax and business advisors before executing this Agreement; (d) said party has acted voluntarily and of its own free will in executing this Agreement; and (e) this Agreement is the result of arm’s length negotiations conducted by and among the parties and their respective counsel.
Understanding and Acknowledgement. Counterparty understands and acknowledges that notwithstanding any other relationship between Counterparty and Dealer (and Dealer’s affiliates), in connection with this Transaction and any other over-the-counter derivative transaction between Counterparty and Dealer or Dealer’s affiliates, Dealer or its affiliates, as the case may be, is acting as principal and is not a fiduciary or adviser to Counterparty in respect of any such transaction, including any entry into or exercise, amendment, unwind or termination thereof.
Understanding and Acknowledgement. The undersigned, by its signature, does hereby acknowledge that they have reviewed, understood and agree with the terms and conditions of this Agreement, and execute the Agreement with that knowledge and understanding.
Understanding and Acknowledgement. ▇▇. ▇▇▇▇▇▇▇▇▇ understands all of the terms of this Agreement and General Release and has not relied on any oral statements or explanation by ATK. ▇▇. ▇▇▇▇▇▇▇▇▇ agrees he has had adequate time to consult with legal counsel and to consider whether to sign this Agreement and General Release and is signing it knowingly and voluntarily.
Understanding and Acknowledgement. I have read all previous paragraphs, including the release of liability and waiver, assumption of risk, and indemnity agreement, know, fully understand its terms, acknowledge these and other risks that are inherent to the Activity/Use, and understand that I am giving up substantial rights, including my right to sue. I acknowledge my participation is voluntary, that I knowingly assume all such risks, and that I am signing the agreement freely and voluntarily, and intend by my signature to be a complete and unconditional release of all liability to the extent allowed by law. No other representations concerning the legal effect of this document have been made to me.
Understanding and Acknowledgement. ▇▇. ▇▇▇▇▇▇▇▇ understands all of the terms of this General Release and has not relied on any oral statements or explanation by Vista. ▇▇. ▇▇▇▇▇▇▇▇ has had adequate time to consult with legal counsel and to consider whether to sign this General Release, and ▇▇. ▇▇▇▇▇▇▇▇ is signing this General Release knowingly and voluntarily.
Understanding and Acknowledgement. ▇▇. ▇▇▇▇▇▇▇▇ acknowledges that she has reviewed, understands and agrees with the terms and conditions set out above. ▇▇. ▇▇▇▇▇▇▇▇ further acknowledges that they have sought or have had the opportunity to seek independent legal advice with respect to this Agreement.
Understanding and Acknowledgement. ▇▇. ▇▇▇▇▇▇ acknowledges that he understands all of the terms of this General Release and has not relied on any oral statements or explanation by ATK. ▇▇. ▇▇▇▇▇▇ has had adequate time to consult with legal counsel and to consider whether to sign this General Release, and that he is signing it knowingly and voluntarily.