Common use of Legal Effects Clause in Contracts

Legal Effects. No representation, warranty or recommendation is made by any party or his respective agent or attorney regarding the legal sufficiency or effect or tax consequences of any transaction contemplated under this Agreement to any individual or specific entity, and each party acknowledges it has been advised to submit this Agreement to independent legal counsel before signing it. There shall be no presumption in favor of or against any party with regard to which party arranged for initial drafting of this Agreement.

Appears in 3 contracts

Samples: Management Agreement (Epic Resorts Management LLC), Management Agreement (Trendwest Resorts Inc), Vacation Plan Agreement (Epic Resorts Management LLC)

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Legal Effects. No representation, warranty or recommendation is made by any party or his respective agent or attorney regarding the legal sufficiency or effect or tax consequences of any transaction contemplated under this Agreement to any individual or specific entity, and each party acknowledges it has his been advised to submit this Agreement to independent legal counsel before signing it. There shall be no presumption in favor of or against any party with regard to which party arranged for initial drafting of this Agreement.

Appears in 1 contract

Samples: Management Agreement (Wyndham Worldwide Corp)

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