Common use of No Partnership, Joint Venture or Agency Clause in Contracts

No Partnership, Joint Venture or Agency. Neither this Agreement nor any of the Loan Documents shall in any respect be interpreted, deemed or construed as making the Lender a partner or joint venturer with the Borrower, nor shall they be interpreted, deemed or construed as making the Lender the agent of representative of the Borrower, and the Borrower agrees not to make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving the Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Dunn Computer Corp), Loan and Security Agreement (Template Software Inc)

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No Partnership, Joint Venture or Agency. Neither this Agreement nor --------------------------------------- any of the Loan Documents shall in any respect be interpreted, deemed or construed as making the Lender a partner or joint venturer with the Borrower, nor shall they be interpreted, deemed or construed as making the Lender the agent of representative of the Borrower, and the Borrower agrees not to make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving the Lender.

Appears in 1 contract

Samples: Loan Agreement (Template Software Inc)

No Partnership, Joint Venture or Agency. Neither this This Loan Agreement nor any of the Loan Documents shall not in any respect be interpreted, deemed or construed as making the Lender a partner or joint venturer with the BorrowerBorrower and/or the Guarantor, nor shall they it be interpreted, deemed or construed as making the Lender the agent of or representative of the Borrower, and Borrower or the Guarantor. In no event shall the Lender be liable for debts or claims accruing or arising against the Borrower agrees not to make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving the LenderGuarantor.

Appears in 1 contract

Samples: Construction Loan Agreement (Merisel Inc /De/)

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No Partnership, Joint Venture or Agency. Neither this Agreement nor any of the Loan Documents shall in any respect be interpreted, deemed or construed as making the Lender a partner or joint join venturer with the BorrowerBorrowers, nor shall they be interpreted, deemed or construed as making the Lender the agent of representative of the BorrowerBorrowers, and the each Borrower agrees not to make any contrary assertion, contention, claim or counterclaim in any action, suit or other legal proceeding involving the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Spacehab Inc \Wa\)

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