Documents Mutually Drafted Clause Samples
The "Documents Mutually Drafted" clause establishes that both parties have participated equally in the preparation and negotiation of the contract. In practice, this means that neither side will be considered the sole author of the agreement, and any ambiguities in the contract language will not be interpreted against one party over the other. This clause is important because it prevents one party from claiming that unclear terms should be construed in their favor due to not having drafted the document, thereby promoting fairness and reducing the risk of disputes over interpretation.
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Documents Mutually Drafted. The Seller and the Buyer agree that this Agreement and each other Program Agreement prepared in connection with the Transactions set forth herein have been mutually drafted and negotiated by each party, and consequently such documents shall not be construed against either party as the drafter thereof.
Documents Mutually Drafted. Seller and Buyer agree that this Repurchase Agreement and each other Facility Document prepared in connection with the Transactions set forth herein have been mutually drafted and negotiated by each party, and consequently such documents will not be construed against either party as the drafter thereof.
Documents Mutually Drafted. Seller Parties, Guarantor and Buyer agree that this Agreement each other Facility Document prepared in connection with the Transactions set forth herein have been mutually drafted and negotiated by each party, and consequently such documents shall not be construed against either party as the drafter thereof.
Documents Mutually Drafted. ▇▇▇▇▇▇▇▇▇, Borrower Representative, Administrative Agent, Calculation Agent, Paying Agent and each Lender agree that this Agreement and each other Facility Document prepared in connection with the Advances set forth herein have been mutually drafted and negotiated by each party, and consequently such documents shall not be construed against either party as the drafter thereof.
Documents Mutually Drafted. Borrowers and Lender agree that this Agreement and each other Facility Document prepared in connection with the Advances set forth herein have been mutually drafted and negotiated by each party, and consequently such documents shall not be construed against either party as the drafter thereof.
Documents Mutually Drafted. Each Borrower and the Lender agree that this Loan Agreement each other Loan Document have been mutually drafted and negotiated by each party, and consequently such documents shall not be construed against either party as the drafter thereof.
Documents Mutually Drafted. The Sellers, Guarantors, Mezzanine Loan Subsidiary and the Buyer agree that this Agreement each other Program Agreement prepared in connection with the Transactions set forth herein have been mutually drafted and negotiated by each party, and consequently such documents shall not be construed against either party as the drafter thereof.
Documents Mutually Drafted. The Existing Repurchase Agreement is hereby amended by adding after Section 39 the following Section 40:
Documents Mutually Drafted. Seller and ▇▇▇▇▇ agree that this Agreement each other Facility Document (other than the TIAA Bank Warehouse Customer Guide) prepared in connection with the Transactions set forth herein have been mutually drafted and negotiated by each party, and consequently such documents shall not be construed against either party as the drafter thereof.