Common use of Advice from Counsel Clause in Contracts

Advice from Counsel. The parties understand that this Agreement is a legally binding agreement that may affect such party's rights. Each party represents to the other that it has received legal advice from counsel of its choice regarding meaning and legal significance of this Agreement and that it is satisfied with its legal counsel and the advice received from it.

Appears in 7 contracts

Samples: Subservicing Agreement (Contisecurities Asset Funding Corp), Subservicing Agreement (Contisecurities Asset Funding Corp), Subservicing Agreement (Contifinancial Corp)

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Advice from Counsel. The parties understand that this Agreement ------------------- is a legally binding agreement that may affect such party's rights. Each party represents to the other that it has received legal advice from counsel of its choice regarding meaning and legal significance of this Agreement and that it is satisfied with its legal counsel and the advice received from it.

Appears in 2 contracts

Samples: Sub Servicing Agreement (New Century Financial Corp), Sub Servicing Agreement (New Century Financial Corp)

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Advice from Counsel. The parties hereto understand that this Agreement is a legally binding agreement that may affect such party's rights. Each party hereto represents to the other that it has received legal advice from counsel of its choice regarding the meaning and legal significance of this Agreement and that it is satisfied with its legal counsel and the advice received from it.

Appears in 2 contracts

Samples: Master Credit and Security Agreement (Credit Store Inc), Credit and Security Agreement (Credit Store Inc)

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