Joint Preparation; Construction of Indemnities and Releases. This Agreement has been reviewed and negotiated by sophisticated parties with access to legal counsel, and no rule of construction shall apply hereto or thereto which would require or allow this Agreement to be construed against any party because of its role in drafting such document. All indemnification and release-of-liability provisions of this Agreement shall be construed broadly (and not narrowly) in favor of the Persons receiving indemnification or releases of liability.
Appears in 3 contracts
Samples: Intercreditor Agreement (GWG Life, LLC), Intercreditor Agreement (GWG Holdings, Inc.), Intercreditor Agreement (GWG Holdings, Inc.)
Joint Preparation; Construction of Indemnities and Releases. This Agreement has and the other Note Documents have been reviewed and negotiated by sophisticated parties with access to legal counsel, counsel and no rule of construction shall apply hereto or thereto which would require or allow this Agreement any Note Document to be construed against any party because of its role in drafting such documentNote Document. All indemnification and release-of-liability release provisions of this Agreement shall be construed broadly (and not narrowly) in favor of the Persons receiving indemnification or releases of liabilitybeing released.
Appears in 3 contracts
Samples: Note Purchase Agreement (Rio Vista Energy Partners Lp), Note Purchase Agreement (Penn Octane Corp), Note Purchase Agreement (National Coal Corp)
Joint Preparation; Construction of Indemnities and Releases. This Agreement has and the other Transaction Documents have been reviewed and negotiated by sophisticated parties with access to legal counsel, counsel and no rule of construction shall apply hereto or thereto which would require or allow this Agreement any Transaction Document to be construed against any party because of its role in drafting such documentTransaction Document. All indemnification and release-of-liability release provisions of this Agreement shall be construed broadly (and not narrowly) in favor of the Persons receiving indemnification or releases of liabilitybeing released.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Tekoil & Gas Corp), Credit and Guaranty Agreement (Foothills Resources Inc)
Joint Preparation; Construction of Indemnities and Releases. This Agreement has and the other Transaction Documents have been reviewed and negotiated by sophisticated parties with access to legal counsel, counsel and no rule of construction shall apply hereto or thereto which that would require or allow this Agreement any Transaction Document to be construed against any party because of its role in drafting such documentTransaction Document. All indemnification and release-of-liability release provisions of this Agreement shall be construed broadly (and not narrowly) in favor of the Persons receiving indemnification or releases of liabilitybeing released.
Appears in 1 contract
Samples: Loan Agreement (SWK Holdings Corp)
