Common use of No Liability to Third Parties Clause in Contracts

No Liability to Third Parties. The debts, obligations and liabilities of either Joint Venturer, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of such Joint Venturer, and no other Party shall be obligated for any such debt, obligation or liability of such Joint Venturer solely by reason of being a party to this Agreement or an equity holder of a JV Company.

Appears in 5 contracts

Samples: Joint Venture Agreement (Oxford City Football Club, Inc.), Joint Venture Agreement (eCrypt Technologies, Inc.), Joint Venture Agreement (Quanta Inc)

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No Liability to Third Parties. The debts, obligations and liabilities of either Joint Venturer, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of such Joint Venturer, and no other Party shall be obligated for any such debt, obligation or liability of such Joint Venturer solely by reason of being a party to this Agreement or an equity holder of a JV Companythe Joint Venture.

Appears in 3 contracts

Samples: Joint Venture Agreement (Bravatek Solutions, Inc.), Joint Venture Agreement (Bravatek Solutions, Inc.), Joint Venture Agreement (Bravatek Solutions, Inc.)

No Liability to Third Parties. The debts, obligations obligations, and liabilities of either Joint VenturerVentures, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of such Joint VenturerVentures, and no other Party shall be obligated for any such debt, obligation or liability of such Joint Venturer solely by reason of being a party to this Agreement or an equity holder of a JV Company.

Appears in 1 contract

Samples: Joint Venture Agreement (Ameri Metro, Inc. (Formerly Yellowwood))

No Liability to Third Parties. The debts, obligations obligations, and liabilities of either Joint Venturer, whether arising in contract, tort or otherwise, shall be solely the debts, obligations obligations, and liabilities of such Joint Venturer, and no other Party shall be obligated for any such debt, obligation obligation, or liability of such Joint Venturer solely by reason of being a party to this Agreement or an equity holder of a JV CompanyAgreement.

Appears in 1 contract

Samples: Joint Venture Agreement

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No Liability to Third Parties. The debts, obligations and liabilities of either Joint VenturerVenture, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of such Joint VenturerVenture, and no other Party shall be obligated for any such debt, obligation or liability of such Joint Venturer Venture solely by reason of being a party to this Agreement or an equity holder of a JV Company.

Appears in 1 contract

Samples: Joint Venture Agreement (Oxford City Football Club, Inc.)

No Liability to Third Parties. The debts, obligations and liabilities of either Joint Venturer, whether arising in contract, tort or otherwiseother- wise, shall be solely the debts, obligations and liabilities of such Joint Venturer, and no other Party shall be obligated for any such debt, obligation or liability of such Joint Venturer solely by reason of being a party to this Agreement or an equity holder of a JV CompanyAgreement.

Appears in 1 contract

Samples: Joint Venture Agreement

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