Individual Responsibilities. The duties, obligations, and liabilities of the parties hereto are intended to be severable and not joint or collective. This Agreement is not intended to create, and shall not be construed to create an association or trust, a mining or other partnership or association for profit, joint venture or agency relationship, or to render the parties liable for acts, either of commission or omission, of any parties hereto. Each party hereto shall be individually responsible for its own obligations as herein provided.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Georgia Exploration, Inc.), Purchase and Sale Agreement (Georgia Exploration, Inc.)