Drafted Jointly Sample Clauses
The "Drafted Jointly" clause establishes that both parties have participated equally in the creation and negotiation of the contract. In practice, this means that neither party is 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 being disadvantaged in the event of a dispute over unclear terms, thereby promoting fairness and reducing the risk of biased interpretations.
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Drafted Jointly. This Agreement was prepared for the benefit of each of the parties and the language in this Agreement shall not be construed in any way against the drafting party.
Drafted Jointly. In the event of an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties, and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of authorship of the provisions of this Agreement.
Drafted Jointly. Each of the Parties and their respective counsel has participated in the negotiation and drafting of this Agreement, and have had an opportunity to review this Agreement. In the event that any ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by all Parties and no rule of construction, presumption or burden of proof shall arise favoring one Party concerning the interpretation of ambiguous provisions or otherwise by virtue of one Party’s presumed authorship of this Agreement or any provision hereof.
Drafted Jointly. This Agreement shall be deemed jointly drafted and to the extent the Agreement is determined to contain any ambiguities, the ambiguities shall not be construed against either party hereto.
Drafted Jointly. The parties have participated jointly in the negotiation and drafting of this Guaranty. In the event an ambiguity or question of intent or interpretation arises, there shall be no presumption or burden of proof which arises favoring or disfavoring any party by virtue of the authorship of any of the provisions of this Guaranty.
Drafted Jointly. The parties have participated jointly in the negotiation and drafting of this Loan Agreement and the other Loan Documents. In the event an ambiguity or question of intent or interpretation arises, there shall be no presumption or burden of proof which arises favoring or disfavoring any party by virtue of the authorship of any of the provisions of the Loan Documents.