Common use of Mutual Interpretation Clause in Contracts

Mutual Interpretation. The Parties agree and stipulate that this Settlement Agreement was negotiated on an “arms-length” basis between parties of equal bargaining power. Also, the Settlement Agreement has been drafted jointly by Class Counsel and counsel for City. Accordingly, this Settlement Agreement shall be neutral, and no ambiguity shall be construed in favor of or against any of the Parties.

Appears in 3 contracts

Samples: Settlement Agreement and Release, Settlement Agreement and Release, Settlement Agreement and Release

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Mutual Interpretation. The Parties agree and stipulate that this Settlement Agreement was negotiated on an “arms-length” basis between parties of equal bargaining power. Also, the Settlement Agreement has been drafted jointly by Class Counsel and counsel for City. Accordingly, this Settlement Agreement shall be neutral, neutral and no ambiguity shall be construed in favor of or against any of the Parties.

Appears in 2 contracts

Samples: Class Action Settlement Agreement and Release, Class Action Settlement Agreement

Mutual Interpretation. The Settling Parties agree and stipulate that this Settlement Agreement was negotiated on an “arms-length” basis between parties of equal bargaining power. Also, the Settlement Agreement has been drafted jointly by Settlement Tax Class Counsel and counsel for CityFrontier. Accordingly, this Settlement Agreement shall be neutral, neutral and no ambiguity shall be construed in favor of or against any of the Settling Parties.

Appears in 1 contract

Samples: Action Settlement Agreement

Mutual Interpretation. The Parties agree and stipulate that this Settlement Agreement was negotiated on an “armsarm’s-length” length basis between parties of equal bargaining power. Also, the This Settlement Agreement has been drafted jointly by Class Plaintiff’s Counsel and counsel for CityDefendants. Accordingly, this Settlement Agreement shall be neutral, mutually interpreted and no ambiguity shall be not construed in favor of or against any of the Parties. It is the intent of all Parties that this Settlement have full res judicata and collateral estoppel effect with respect to the Claims and all allegations in the Action.

Appears in 1 contract

Samples: Class Settlement Agreement

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Mutual Interpretation. The Parties agree and stipulate that this Settlement Agreement was negotiated on an “armsarm’s-length” basis between parties of equal bargaining power. Also, the This Settlement Agreement has been drafted jointly by Class Counsel and counsel for Citythe Campaign. Accordingly, this Settlement Agreement shall be neutralis not one of adhesion, is mutually created, and no ambiguity shall be construed in favor of or against any of the Parties.

Appears in 1 contract

Samples: Settlement Agreement and Mutual Release

Mutual Interpretation. The Parties agree and stipulate that this Settlement Agreement the settlement was negotiated on an “armsarm’s-length” basis between parties of equal bargaining power. Also, the Settlement The Agreement has been drafted jointly by Class Counsel and counsel for CityDefendant’s counsel. Accordingly, this Settlement Agreement shall be neutralis mutually created, and no ambiguity shall be construed in favor of or against any of the Parties. This Agreement was prepared after an agreement in principle to resolve the case was reached after a mediation with Magistrate Judge Xxxxxxx Xxxxxxx.

Appears in 1 contract

Samples: Settlement Agreement

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