Common use of Owner Acknowledgement Clause in Contracts

Owner Acknowledgement. Owner acknowledges that: (i) He/She understands the seriousness of the provisions of this Agreement; (ii) He/She has had a full opportunity to consult with legal counsel of his/her choice; and (iii) He/She has consulted with counsel of his/her choice or has decided not to avail himself/herself of that opportunity.

Appears in 5 contracts

Samples: Security Agreement and Guaranty (DPW Holdings, Inc.), Security Agreement and Guaranty (DPW Holdings, Inc.), Security Agreement and Guaranty (DPW Holdings, Inc.)

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Owner Acknowledgement. Owner acknowledges that: (i) He/She understands the seriousness of the provisions of this Agreement; (ii) He/She has had a full opportunity to consult with legal counsel of his/her choice; and (iii) He/She has consulted with counsel of his/her choice or has decided not to avail himself/herself of that opportunity; and (iv) He/She understands and acknowledges that Purchaser may file a security interest against Owner’s assets with respect to the Owner’s obligations under this Agreement and hereby consents to such filing.

Appears in 1 contract

Samples: Merchant Agreement (Clearday, Inc.)

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