A 50 % acknowledgment from the prices listed

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Marco dalla Cina

New Member
Dear all,

I wanted to kindly ask your help on this. I'm looking at a contract and the people who drew it have added this clause which I need to make sure I understand correctly.

"It is agreed that the borrower can purchase the paintings with a 50% acknowledgment from the price listed in the appendix."

Does acknowledgment mean a discount in this sentence?


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