Dealings With Third Parties. Neither Party is, nor shall either Party hold itself out to be, vested with any power or right to contractually bind, act on behalf of the other as its contracting broker, agent or otherwise for committing selling, conveying or transferring any of the other Party’s assets or property, contracting for or in the name of the other Party, or making any contractually binding representations as to the other Party which shall be deemed representations contractually binding such Party. Any agreements executed by broker with third parties shall be executed in the name of the Broker and shall not be executed in the name of the Licensee or the Construction Permit or otherwise lead third parties to believe they have recourse against Licensee or the Construction Permit.
Appears in 4 contracts
Samples: Time Brokerage and Option Agreement (Vision Broadcast Network, Inc.), Time Brokerage and Option Agreement (Vision Broadcast Network, Inc.), Time Brokerage and Option Agreement (Vision Broadcast Network, Inc.)
