This is the 13920th most frequent Russian word.
обоюдно
Mutually.
Here 'обоюдно' emphasizes that the decision was agreed upon by both parties as advantageous for each.
Мы приняли обоюдно выгодное решение.
We made a mutually beneficial decision.
In this sentence, 'обоюдно' is used to highlight the reciprocal respect between the individuals.
Обоюдно уважая мнения друг друга, мы нашли компромисс.
Mutually respecting each other's opinions, we found a compromise.
'Обоюдно' here indicates that the cancellation was a mutual agreement between the parties.