Joint Participation in Drafting Clause Samples
The Joint Participation in Drafting clause establishes that both parties have actively contributed to the creation and negotiation of the contract. In practice, this means that neither party is considered the sole author of the agreement, and both have had the opportunity to review, suggest changes, and approve the final language. This clause is important because it prevents one party from claiming that ambiguous terms should be interpreted against the other as the "drafter," thereby promoting fairness and reducing the risk of disputes over contract interpretation.
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Joint Participation in Drafting. Each party to this Agreement has participated in the negotiation and drafting of this Agreement and the other Transaction Documents. As such, the language used herein and therein shall be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party to this Agreement.
Joint Participation in Drafting. Each party to this Agreement has participated in the negotiation and drafting of this Agreement and the other Transaction
Joint Participation in Drafting. Each party to this Agreement has participated in the negotiation and drafting of this Agreement, the Statement of Designation, the Warrants and the Registration Rights Agreement. As such, the language used herein and therein shall be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party to this Agreement.
Joint Participation in Drafting. Each party to this Registration Rights Agreement has participated in the negotiation and drafting of this Registration Rights Agreement. As such, the language used herein and therein shall be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party to this Registration Rights Agreement. [The rest of this page intentionally left blank]
Joint Participation in Drafting. Each party to this Waiver has participated in the negotiation and drafting of this Waiver, the Debentures, the Warrants and the Registration Rights Agreement. As such, the language used herein and therein shall be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party to this Waiver.
Joint Participation in Drafting. Each party to this Amendment has participated in the negotiation and drafting of this Amendment. As such, the language used herein and therein shall be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party to this Amendment.