CONFIRMATION & CONTRACTING Clause Samples
The CONFIRMATION & CONTRACTING clause establishes the process by which parties formally agree to the terms of a contract and confirm their mutual understanding. Typically, this involves both parties reviewing the final contract, providing written confirmation, and executing the agreement through signatures or other accepted means. This clause ensures that all parties are aligned on the contract's terms before it becomes legally binding, thereby reducing the risk of misunderstandings or disputes regarding the agreement's validity.
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CONFIRMATION & CONTRACTING. Confirmed Booking: Receipt of a signed License Agreement and deposit will confirm a booking. Contract: Center’s basic contract is a License Agreement, which spells out rights and responsibilities of Licensee (Client) and Licensor (Renaissance Center). This document is legally binding and should be carefully reviewed before execution. Tentative Booking: Space and dates held by Center for a specified period prior to Contract or release by either party. Center may cancel a tentative booking without notice after expiration.