No Relation Sample Clauses
The "No Relation" clause serves to clarify that the agreement does not create any special relationship between the parties, such as a partnership, joint venture, agency, or employment. In practice, this means that neither party can claim to represent or bind the other, nor do they share liabilities or responsibilities beyond what is expressly stated in the contract. This clause is essential for preventing misunderstandings or legal claims that could arise if one party attempts to assert rights or obligations based on an assumed relationship not intended by the agreement.
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No Relation. The relationship between Administrative Agent and Lender, and the relationship among Lender, is not intended by the parties to create, and shall not create, any trust, joint venture or partnership relation between them.
No Relation. Neither the relationship between Agent and the Lenders, nor the relationship among the Lenders, is intended by the parties to create, and neither shall create, any trust, joint venture or partnership relation between them.
No Relation. No individual who will receive specific compensation from such Party as a result of the execution of this Agreement is related to any public official or official of any issuer of municipal securities. For purposes of this Section, the term "official of an issuer of municipal securities" means any person who is an incumbent, candidate or successful candidate (a) for elective office of any issuer which office is directly or indirectly responsible for, or can influence the outcome of, the hiring of a broker, dealer or municipal securities dealer for municipal securities business by such issuer, or (b) for any elective office of a state or of any political subdivision, which office has authority to appoint any official(s) of such issuer. The term "related" applies when a person is related by blood or marriage."
No Relation. The relationship between the Administrative Agent, the Co-Lead Arrangers, Joint Book-Running Managers, Syndication Agents and the other Lenders is not intended by the parties to create, and shall not create, any trust, joint venture or partnership relation between them.
No Relation. No individual who will receive specific compensation from such Party as a result of the execution of this Agreement is related to any public official. The term “related” applies when a person is related by blood or marriage.
No Relation. No individual who will receive specific compensation from such Party as a result of the execution of this Agreement is related to any public official or official of any issuer of municipal securities. For purposes of this Section, the term “official of an issuer of municipal securities” means any person who is an incumbent, candidate or successful candidate (a) for elective office of any issuer which office is directly or indirectly responsible for, or can influence the outcome of, the hiring of a
No Relation. The Sublandlord and the Subtenant are unrelated, unaffiliated parties with no common ownership interest.
No Relation. Neither the relationship between Agent and the Banks, nor the relationship among the Banks, is intended by the parties to create, and neither shall create, any trust, joint venture or partnership relation between them.