French phrase
Nous nous réservons le droit de ~.
Meaning
We reserve the right to ___.
When to use it
The wording reserves the right to take a specified action. It is formal and common in contracts or terms of service.
Example dialogue
Nous nous réservons le droit de modifier les conditions du contrat.
We reserve the right to modify the terms of the contract.
C'est noté, merci.
Noted, thank you.