Both Entities Clause Samples

The 'Both Entities' clause establishes that certain rights, obligations, or conditions apply equally to both parties involved in the agreement. In practice, this means that any requirements, responsibilities, or benefits described in the clause are not limited to just one party, but are shared or mirrored by both. For example, if the clause addresses confidentiality, both entities must protect each other's confidential information. This clause ensures fairness and mutual accountability, preventing one-sided obligations and promoting balanced treatment in the contractual relationship.
Both Entities. On Behalf of the BlackRock Closed-End Investment Companies Listed on Appendix A: