Common use of No Presumption Arising Clause in Contracts

No Presumption Arising. Although the initial draft of the Loan Documents was drafted by Beneficiary and its legal counsel, Grantor and Gxxxxxx's legal counsel have had full opportunity to review, negotiate and approve the final form of the Loan Documents. Accordingly, in the event of any ambiguity in the construction or interpretation of any provision of this Deed of Trust, or the Loan Documents, no presumption shall be indulged in favor of either party in the resolution of such ambiguity.

Appears in 2 contracts

Samples: Leasehold Deed of Trust, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.), Leasehold Deed of Trust, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.)

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No Presumption Arising. Although the initial draft of the Loan Documents was drafted by Beneficiary and its legal counsel, Grantor and GxxxxxxGrantor's legal counsel have had full opportunity to review, negotiate and approve the final form of the Loan Documents. Accordingly, in the event of any ambiguity in the construction or interpretation of any provision of this Deed of Trust, or the Loan Documents, no presumption shall be indulged in favor of either party in the resolution of such ambiguity.

Appears in 2 contracts

Samples: Deed of Trust, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.), Deed of Trust (Westway Group, Inc.)

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No Presumption Arising. Although the initial draft of the Loan Documents was drafted by Beneficiary and its legal counsel, Grantor and GxxxxxxXxxxxxx's legal counsel have had full opportunity to review, negotiate and approve the final form of the Loan Documents. Accordingly, in the event of any ambiguity in the construction or interpretation of any provision of this Deed of Trust, or the Loan Documents, no presumption shall be indulged in favor of either party in the resolution of such ambiguity.

Appears in 1 contract

Samples: Leasehold Deed of Trust, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.)

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