Common use of ARM'S LENGTH AGREEMENT Clause in Contracts

ARM'S LENGTH AGREEMENT. This Agreement has been negotiated at arms length between persons knowledgeable in the matters dealt with herein. Accordingly, any rule of law or any statute, legal decision, or common law principle of similar effect that would require interpretation of any ambiguity in this Agreement against the party that drafted it is of no application and is hereby expressly waived. The provisions of this Agreement shall be interpreted in a reasonable manner to effect the intentions of the Parties hereto.

ARM'S LENGTH AGREEMENT. This Agreement has been negotiated at arms length between persons knowledgeable in the matters dealt with herein. Accordingly, any rule of law or any statute, legal decision, or common law principle of similar effect that would require interpretation of any ambiguity in this Agreement against the party that drafted it is of no application and is hereby expressly waived. The provisions of this Agreement shall be interpreted in a reasonable manner to effect the intentions of the Parties hereto.

ARM'S LENGTH AGREEMENT. This Agreement has been negotiated at arms length and between persons sophisticated and knowledgeable in the matters dealt with hereinin this Agreement. In addition, each party has been given the opportunity to consult with experienced and knowledgeable legal counsel. Accordingly, any rule of law or any statute, legal decision, or common law principle of similar effect decision that would require interpretation of any ambiguity ambiguities in this Agreement against the party that has drafted it is of no application not applicable and is hereby expressly waived. The provisions of this Agreement shall be interpreted in a reasonable manner to effect the intentions of the Parties heretomanner.