Miscellaneous content is often referred to as “boilerplate” because it tends to be the same regardless of the Agreement. It’s an excellent place to put universal rules that didn’t fit anywhere else in the contract.
4.1 Representations & Warranties
4.1.1 Both sides are confident and committed to upholding the requirements stated in this Agreement, ensuring that all necessary authority is granted.
4.1.2 Both Parties agree that this Agreement is consistent with any prior commitments or agreements they may have established with external parties.
4.1.3 Both Parties vow to abide by all applicable laws, regulations, and orders while executing this Agreement.
4.1.4 Both parties attest and guarantee that all information presented in this Agreement or any related documents executing this Agreement is entirely accurate and truthful.
4.2.1 The Creditor hereby releases, waives, and forever discharges the Borrower from all claims, liabilities, and causes of action of any nature whatsoever (including attorneys' fees and costs) arising out of or related to the exercise by the Borrower of its rights under this Agreement.
4.2.2 The Borrower agrees to fully indemnify and hold harmless the Creditor from any claims, liabilities, or causes of action related to its activities under this Agreement.
4.3 Dispute Resolution
4.3.1 To cultivate a productive and peaceful relationship, both Parties agree to listen to each other's perspectives during conflicts and aim for solutions that benefit everyone involved.
4.3.2 If the dispute escalates, it shall be under (state what the Agreement shall be construed and governed by).