Common use of Resolution of Drafting Ambiguities Clause in Contracts

Resolution of Drafting Ambiguities. Each party hereto acknowledges that it was represented by counsel in connection with this Agreement, that it and its counsel reviewed and participated in the preparation and negotiation of this Agreement and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement.

Appears in 3 contracts

Samples: Collateral Agency and Intercreditor Agreement (Modine Manufacturing Co), Collateral Agency and Intercreditor Agreement (Modine Manufacturing Co), Collateral Agency and Intercreditor Agreement (Proquest Co)

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Resolution of Drafting Ambiguities. Each party hereto acknowledges and agrees that it was represented by counsel in connection with this Agreementthe execution and delivery hereof, that it and its counsel reviewed and participated in the preparation and negotiation of this Agreement hereof and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreementhereof.

Appears in 2 contracts

Samples: Security Agreement (Wynn Resorts LTD), Security Agreement (Wynn Las Vegas LLC)

Resolution of Drafting Ambiguities. Each party hereto of the parties acknowledges and agrees that it was represented by counsel in connection with this Agreementthe execution and delivery hereof, that it and its counsel reviewed and participated in the preparation and negotiation of this Agreement hereof and that it shall not cite to any rule of construction construction, or make any claim or argument, to the effect that ambiguities are to should be resolved against the drafting party shall not be employed in the interpretation of this Agreement.

Appears in 1 contract

Samples: Security Agreement (Veriteq)

Resolution of Drafting Ambiguities. Each party hereto Xxxxxxx acknowledges and agrees that it was represented by counsel in connection with the execution and delivery of this Agreement, that it and its counsel reviewed and participated in the preparation and negotiation of this Agreement and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party (i.e., the Secured Party) shall not be employed in the interpretation of this Agreement.

Appears in 1 contract

Samples: Security Agreement

Resolution of Drafting Ambiguities. Each party This Agreement has been negotiated by the parties hereto acknowledges and jointly drafted and reviewed by the parties hereto and their respective counsel. Accordingly, each of the parties hereto expressly agrees that it was represented by counsel in connection with this Agreementany legal or equitable principles of interpretation or construction that create a presumption, that it and its counsel reviewed and participated in or require or permit the preparation and negotiation construction of this Agreement and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall will not be employed in the apply to any interpretation for construction of this Agreement.

Appears in 1 contract

Samples: Security Agreement (Barings BDC, Inc.)

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Resolution of Drafting Ambiguities. Each Arbor Entity that is a party hereto acknowledges and agrees that it was represented by counsel in connection with the execution and delivery of this AgreementAgreement and the other Loan Documents to which it is a party, that it and its counsel reviewed and participated in the preparation and negotiation of this Agreement hereof and thereof and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreementhereof or thereof.

Appears in 1 contract

Samples: Revolving Loan Agreement (Arbor Realty Trust Inc)

Resolution of Drafting Ambiguities. Each party hereto acknowledges The parties each acknowledge that it was they were represented by experienced counsel in connection with this Agreementthe preparation, that it execution and its counsel reviewed and participated in the preparation and negotiation delivery of this Agreement and the Settlement Documents and that their counsel negotiated all of them on their behalf and that any rule of construction under any applicable law to the effect that ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreementany of said documents.

Appears in 1 contract

Samples: Settlement Agreement (Presidential Realty Corp/De/)

Resolution of Drafting Ambiguities. Each party hereto acknowledges and agrees that it was represented by counsel in connection with this Agreementthe execution and delivery hereof, that it and its counsel reviewed and participated in the preparation and negotiation of this Agreement hereof and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement.hereof. ARTICLE II

Appears in 1 contract

Samples: Security Agreement (Wynn Resorts LTD)

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