The parties acknowledge that

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A kind of grandiose forensic throat clearing that adds precisely nothing legally, conversationally or even grammatically to a sentence, and can safely be excised in every case: the sentence will function in exactly the same way without this expression.For what is the activity of appending your name to the bottom of a passage of text for, if not to acknowledge its contents?

The parties acknowledge that the foregoing expression conveys no content and/or meaning of any type, kind or variety

The foregoing expression conveys no content and/or meaning of any type, kind or variety.

In other words: I have signed, therefore I acknowledge. This corresponds to the faintly Cartesian insight offered by that wonderful[1] Latin maxim animadverto ergo scio: “I am paying attention, therefore I know”.

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References

  1. i.e. Home-made.