Common use of Mutual Interpretation Clause in Contracts

Mutual Interpretation. The Parties agree and stipulate that this Agreement was negotiated on an arm’s-length basis between Parties of equal bargaining power. Also, Class Counsel and counsel for Defendants have drafted the Agreement jointly. Accordingly, no ambiguity shall be construed in favor of or against any of the Parties. Each of the Parties acknowledges but does not concede to or agree with the statements of the other Parties regarding the merits of the claims.

Appears in 1 contract

Samples: Stipulation and Agreement of Settlement

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Mutual Interpretation. The Parties agree and stipulate that this Agreement was negotiated on an arm’s-length basis between Parties of equal bargaining power. Also, the Agreement has been drafted jointly by Class Counsel and counsel for Defendants have drafted the Agreement jointlyCitizens. Accordingly, no ambiguity shall be construed in favor of or against any of the Parties. Each of the Parties acknowledges Plaintiff acknowledges, but does not concede to or agree with with, Citizens’ statements regarding the statements merits of the other Parties claims, and Citizens acknowledges, but does not concede or agree with, Plaintiff’s statements regarding the merits of the claims.

Appears in 1 contract

Samples: Settlement Agreement

Mutual Interpretation. a. The Parties agree and stipulate that this Agreement was negotiated on an arm’s-length basis between Parties of equal bargaining power. Also, the Agreement has been drafted jointly by Class Counsel and counsel for Defendants have drafted the Agreement jointlyXxxxxx. Accordingly, no ambiguity shall be construed in favor of or against any of the Parties. Each of the Parties acknowledges Plaintiff acknowledges, but does not concede to or agree with with, Xxxxxx’x statements regarding the statements merits of the other Parties claims, and Xxxxxx acknowledges, but does not concede or agree with, Plaintiff’s statements regarding the merits of the claims.

Appears in 1 contract

Samples: Settlement Agreement

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Mutual Interpretation. The Parties agree and stipulate that this Agreement was negotiated on an arm’s-length basis between Parties parties of equal bargaining power. Also, Class Counsel and counsel for Defendants have drafted The Parties agree that any rule of interpretation requiring ambiguities to be resolved against the Agreement jointly. Accordingly, no ambiguity drafting party shall be construed in favor not apply to the interpretation of or against any of the Parties. Each of the Parties acknowledges but does not concede to or agree with the statements of the other Parties regarding the merits of the claimsthis Agreement.

Appears in 1 contract

Samples: Settlement Agreement

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