Common use of Drafted Jointly Clause in Contracts

Drafted Jointly. The parties have participated jointly in the negotiation and drafting of this Guaranty. In the event an ambiguity or question of intent or interpretation arises, there shall be no presumption or burden of proof which arises favoring or disfavoring any party by virtue of the authorship of any of the provisions of this Guaranty.

Appears in 2 contracts

Sources: Guaranty Agreement (Ocean Bio Chem Inc), Guaranty Agreement (Candlewood Hotel Co Inc)