Common use of No Partner Clause in Contracts

No Partner. Payee shall not become or be deemed to be a partner or joint venturer with Maker by reason of any provision of this Note. Nothing herein shall constitute Maker and Payee as partners or joint venturers or require Payee to participate in or be responsible or liable for any costs, liabilities, expenses or losses of Maker.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Solar3d, Inc.), Promissory Note (Incomnet Inc), Unsecured Promissory Note (Imaging3 Inc)