Common use of Representations and Acknowledgments Clause in Contracts

Representations and Acknowledgments. Each party to this Agreement represents, warrants and certifies to the other that: (a) it has full power and authority and the legal right to enter into and perform this Agreement without the consent of any other person or entity and that this Agreement constitutes the legal, valid and binding obligation of the representing party and is enforceable against it in accordance with its terms; (b) the parties are independent contractors and nothing in this Agreement is intended (and this Agreement should not be construed) to create a partnership, joint venture or other common enterprise between CFS and Licensee; (c) this Agreement constitutes the entire agreement of the parties and supersedes all prior discussions, negotiations, proposals and agreements between them and Licensee (whether written or oral); (d) any attempt on behalf of Licensee to assign this Agreement without the prior written consent of CFS shall be void; and (e) this Agreement is intended solely for the benefit of the parties and it shall in no event be construed to invest any legal or equitable rights or interests in any other person or entity, whether under a third party beneficiary theory or otherwise.

Appears in 7 contracts

Samples: Collegiate Funding, Collegiate Funding, Collegiate Funding Solutions

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!