Select Page

1. Recognition of contractual conditions. Before signing this agreement, [PART B] generally thanks the conviction of one author or publisher to others, which is usually printed at the beginning of a book. The contract terms recognition clause (or verification by a lawyer or independent legal advisor) contains a confirmation from a person party to the agreement that they have read and understood the agreement, that they have had the opportunity to verify the agreement with independent counsel, and that they have signed the agreement voluntarily. So when is it appropriate to use acknowledge? Black`s Law Dictionary gives as a definition of recognition “(something) as objective or valid”, but this offers few practical instructions. I am of the opinion that representation and recognition serve to introduce factual assertions. They should represent whether the party concerned has first-hand knowledge of this fact; You must confirm whether the party concerned does not know this fact first-hand, but rather accepts as correct a fact alleged by another party. It is an acknowledgement that the person had the opportunity to verify the agreement with a lawyer, not that he or she did. If one party to the agreement is a lawyer, its rules of professional conduct may require that the other party be effectively advised by an independent lawyer. (See, for example, the rules applicable to lawyers in Ontario.) (c) has been advised by [PARTY A] and has had sufficient opportunities to consult with counsel of his or her choice with respect to this agreement and counsel for counsel.

[PARTY A] advised [PARTY B] to review this agreement prior to signing this agreement with counsel of its choice, and [PARTY B] had a reasonable period of time to do so.