Common use of Neutral Interpretation Clause in Contracts

Neutral Interpretation. In the interpretation of the Credit Documents, no party shall be deemed the drafting party and each provision hereof and thereof shall be interpreted neutrally with no presumption arising in favor of one party or the other based upon which party prepared the drafts or the final version hereof or thereof.

Appears in 8 contracts

Sources: Loan Facility Agreement (Navios South American Logistics Inc.), Loan Facility Agreement (Navios South American Logistics Inc.), Senior Secured Term Loan Facility Agreement