Common use of Negotiated Transaction Clause in Contracts

Negotiated Transaction. Each party to this Agreement affirms to the others that it has had the opportunity to consult, and discuss the provisions of this Agreement with, independent counsel and fully understands the legal effect of each provision.

Appears in 11 contracts

Sources: Term Loan Agreement (Viking Energy Group, Inc.), Term Loan Agreement (Royale Energy Holdings, Inc.), Term Loan Agreement (Royale Energy Holdings, Inc.)

Negotiated Transaction. Each party to this Agreement affirms to the others other that it has had the opportunity to consult, and discuss the provisions of this Agreement with, independent counsel and fully understands the legal effect of each provision.

Appears in 8 contracts

Sources: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Primeenergy Corp), Credit Agreement (Lucas Energy, Inc.)

Negotiated Transaction. Each party to this Agreement Party affirms to the others other that it has had the opportunity to consult, consult and discuss the provisions of this Agreement with, with independent legal counsel and fully understands the legal effect of each provision. For all purposes, this Agreement shall be deemed to have been drafted jointly by both Parties.

Appears in 2 contracts

Sources: Technology License (Bluefire Ethanol Fuels Inc), Technology License Agreement (Cab-Tive Advertising, Inc.)

Negotiated Transaction. Each party to this Agreement affirms to ---------------------- the others other that it has had the opportunity to consult, and discuss the provisions of this Agreement with, independent counsel and fully understands the legal effect of each provision.

Appears in 2 contracts

Sources: Credit Agreement (Southern Mineral Corp), Credit Agreement (Sheridan Energy Inc)

Negotiated Transaction. Each party to this Agreement affirms to the others that it has had the opportunity to consult, and discuss the provisions of this Agreement with, independent counsel and fully understands the legal effect of each provision.. ARTICLE II

Appears in 1 contract

Sources: Credit Agreement (Lucas Energy, Inc.)

Negotiated Transaction. Each party to this Agreement affirms to the others other party hereto that it has had the opportunity to consult, and discuss the provisions of this Agreement with, independent counsel and fully understands the legal effect of each provision.

Appears in 1 contract

Sources: Assignment Agreement (Primeenergy Corp)

Negotiated Transaction. Each party to this Agreement affirms to the others that it has had the opportunity to consult, and discuss the provisions of this Agreement with, independent counsel and fully understands the legal effect of each provision.. TERMS OF FACILITIES

Appears in 1 contract

Sources: Credit Agreement (Royale Energy Inc)