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DEED OF UNDERTAKING REMITTANCEKNOW ALL MEN BY THESE PRESENTS: WHEREAS, on ___, I/we ___executed a Reservation Agreement in favor of DMCI Project Developers Inc. for the reservation/purchase of___
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The 'whereas' clause in an executed instrument outlines the background or reasons for the agreement or document being executed.
Typically, the parties involved in the agreement or contract are required to file the 'whereas' on the executed instrument.
To fill out the 'whereas' clause, provide a clear statement of the context and reasons for the execution, often formatted as a series of 'whereas' statements.
The purpose is to provide background information that clarifies the intent of the parties involved in the agreement.
Information regarding the context, reasons for the agreement, and identifying details of the parties involved should be reported.
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