Repurchase Documents Mutually Drafted Clause Samples
The 'Repurchase Documents Mutually Drafted' clause establishes that all documents related to a repurchase agreement are considered to have been jointly prepared by both parties. In practice, this means that neither party can claim sole authorship or argue that ambiguities should be interpreted against the other, as both had equal input in drafting the documents. This clause helps ensure fairness in interpretation and prevents one party from gaining an advantage due to perceived authorship, thereby reducing disputes over unclear language.
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Repurchase Documents Mutually Drafted. The Sellers and the Buyer agree that this Repurchase Agreement and each other Repurchase Document prepared in connection with the Transactions set forth herein have been mutually drafted and negotiated by each party, and consequently such documents shall not be construed against either party as the drafter thereof.
