Memorandum commission contract conclusion

Memorandum commission contract conclusion

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Memorandum commission contract conclusion
3. PARTY-2 to PARTY-1 guarantees:

3.1. at the moment of signing the present Memorandum and the Contract, PARTY-2 is capable of all needed power, authorities and facilities for the membership owning transfer in system of club vacation (timeshare);
3.2. PARTY-2 does not intend to fulfill a mock or an artificial deal;
3.3. PARTY-2 intentions don’t have any violent influence such as delusion, deceit, violence, threat or ill-intentioned agreement of one side representative from another;
3.4. at the moment of signing the present Memorandum and the Contract, the PARTY is absolutely competent and able to comprehend the sense of its actions which are in control and accurately directed.
4. PARTY-1 is aware of:

4.1. PARTY-2 yet has no information of any third parties that would wish to make a deal with the PARTY at the moment of concluding the Memorandum and the Contract to become a membership owner in system of club vacation (timeshare) owned by the PARTY-1 as a property;
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