Common use of Common Interests Clause in Contracts

Common Interests. Assignor and Assignee agree that they have a common and mutuality of legal interest in the assignment hereunder, and wish to ensure that each of them are free to share and exchange information that may be useful without waiving the protections of the attorney-client privilege, the attorney work-product doctrine, or any other privilege, immunity, or protection from discovery or disclosure. Assignor and Assignee consider that the sharing and exchange of information is necessary for the protection of each such party’s interests. In addition, Assignor and Assignee have concluded that, because of certain interests that each of Assignor and Assignee have in common, it is in their interests in connection with the assignment hereunder to share and exchange information related to such matters as each party in its sole discretion deems appropriate, including legal research and analyses, reports and documents, and the information contained in each of the foregoing in connection with the assignment hereunder.

Appears in 2 contracts

Sources: Assignment and Assumption Agreement, Assignment and Assumption Agreement