The Parties acknowledge having knowledge of the value of what they are expressly renouncing by the present.
Контекст: Из мирового соглашения между супругами о разводе, пункт о Программе пенсионного обеспечения провинции Квебек. Вот весь пункт:

The parties shall not proceed to the division of the insurable earnings of the Quebec Pension Plan in accordance with Section 102.1 and following of the Act Respecting the Quebec Pension Plan. The Parties acknowledge having knowledge of the value of what they are expressly renouncing by the present.

Заранее спасибо за помощь!