Common use of Understanding and Authority Clause in Contracts

Understanding and Authority. The parties understand and agree that all terms of this Agreement are contractual and are not a mere recital, and represent and warrant that they are competent to covenant and agree as herein provided.

Appears in 38 contracts

Samples: Separation Agreement (Coursera, Inc.), Separation Agreement (Coursera, Inc.), Employment Agreement (Thoratec Corp)

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Understanding and Authority. The parties Parties understand and agree that all terms of this Agreement are contractual and are not a mere recital, and represent and warrant that they are competent to covenant and agree as herein provided.

Appears in 4 contracts

Samples: Separation Agreement (Tessera Technologies Inc), Employment Transition and Consulting Agreement (Tessera Technologies Inc), General Release and Separation Agreement (Arthrocare Corp)

Understanding and Authority. The parties hereto understand and agree that all terms of this Agreement are contractual and are not a mere recital, and represent and warrant that they are competent to covenant and agree as herein provided. The parties have carefully read this Agreement in its entirety; fully understand and agree to its terms and provisions; and intend to agree that it is final and binding on all parties.

Appears in 2 contracts

Samples: General Release and Severance Agreement (Catalina Lighting Inc), Employment Agreement (Claires Stores Inc)

Understanding and Authority. The parties Parties understand and agree that all terms of this Agreement are contractual and are not a mere recital, and represent and warrant that they are competent to covenant and agree as herein provided. The Parties have carefully read this Agreement in its entirety; fully understand and agree to its terms and provisions; and intend and agree that it is final and binding on all Parties.

Appears in 1 contract

Samples: Separation Agreement (Acacia Research Corp)

Understanding and Authority. The parties understand and agree that all the terms of this Agreement are contractual form a valid and are not a mere recitalbinding contract, and said parties represent and warrant that they are competent to covenant and agree as herein provided. The Employee agrees that he/she has carefully read this Agreement in its entirety; fully understands and agrees to the Agreement’s terms and provisions; knowingly and voluntarily enters into the Agreement; and intends and agrees that the Agreement shall be final, binding, and irrevocable.

Appears in 1 contract

Samples: Irrevocable Letter of Voluntary Retirement and Agreement

Understanding and Authority. The parties understand and agree that all terms of this Agreement are contractual and are not a mere recital, and represent and warrant that they are competent to covenant and agree as herein provided. The parties have carefully read this Agreement in its entirety; fully understand and agree to its terms and provisions; and intend and agree that it is final and binding on all parties.

Appears in 1 contract

Samples: Separation Agreement (Guitar Center Inc)

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Understanding and Authority. The parties understand and agree that --------------------------- all terms of this Agreement are contractual and are not a mere recital, and represent and warrant that they are competent to covenant and agree as herein provided. The parties have carefully read this Agreement in its entirety; fully understand and agree to its terms and provisions; and intend and agree that it is final and binding on all parties.

Appears in 1 contract

Samples: General Release and Separation Agreement (Grubb & Ellis Co)

Understanding and Authority. The parties Parties understand and agree that all terms of this Agreement are contractual and are not a mere recital, and represent and warrant that they are competent to covenant and agree as herein provided. The parties have carefully read this Agreement in its entirety; fully understand and agree to its terms and provision; and intend to agree that it is final and binding on all parties.

Appears in 1 contract

Samples: General Release and Severance Agreement (Fuisz Technologies LTD)

Understanding and Authority. The parties understand and agree that all terms of this Agreement are contractual and are not a mere recital, recital and represent and warrant that they are competent to covenant and agree as herein providedto the terms of this Agreement.

Appears in 1 contract

Samples: Separation Agreement (HF Foods Group Inc.)

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