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IN CONSIDERATION of being given the opportunity to participate in ACRE Regatta, I, for myself, my personal representatives, assigns, heirs, and next of kin: 1. ACKNOWLEDGE, agree and represent that
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In consideration of being typically refers to a legal term used in contracts where one party promises to do something or refrain from doing something in exchange for something of value.
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To fill out in consideration of being, you typically need to include details of the consideration being exchanged by both parties in the contract.
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The purpose of in consideration of being is to ensure that there is a valid exchange of value between parties in a contract, which is essential for legal enforceability.
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Information such as the nature of the consideration exchanged, the parties involved, and the terms of the agreement must be reported on in consideration of being.
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