Not a Joint Venture. Nothing in this Agreement shall be construed as creating or constituting the relationship of the partnership, joint venture (or other association of any kind or agent/principal relationship) between the parties hereto. No party, unless otherwise specifically provided for herein, has the authority to enter into any agreement or create an obligation or liability on behalf of, in the name of, or binding upon, another party to this Agreement.
Not a Joint Venture. 19.1 Unless specifically stated in this Agreement to be otherwise, the duties, obligations, and liabilities of the Parties are intended to be separate and not joint or collective. Nothing contained in this Agreement shall ever be construed to create an association, trust, partnership or joint venture or to impose a trust or partnership duty, obligation, or liability on or with regard to either Party. Each Party shall be liable individually and severally for its own obligations under this Agreement.
Not a Joint Venture. Neither the execution of this Agreement nor the Lenders' ownership of interests in the Loan, nor any agreement to share in profits or losses arising as a result of the Loan, is intended to be, nor shall it be construed to be: (a) the formation of a partnership or joint venture between the Lead Lender and Lender, or (b) the creation of a loan transaction between the Lead Lender, as borrower, and Lender, as lender. Vestin Mortgage, in its capacity as Lead Lender, shall not be deemed to be a trustee for the Lender in connection with the Loan or their interests therein. Vestin Mortgage, in its capacity as Lead Lender, shall owe to the Lender no duty except as specifically set forth in this Agreement, and no Lender shall be liable to any other person for the liability of any other Lender arising in connection with the Loan or any transaction related to the Loan, except as may be expressly set forth in this Agreement.
Not a Joint Venture. Nothing in the Agreement shall be construed as creating or constituting the relationship of a partnership, joint venture, (or other association of any kind or agent and principal relationship) between the Parties thereto. Each Party shall be deemed to be an independent contractor contracting for services and acting toward the mutual benefits expected to be derived here from. Neither Service Provider nor any of Service Provider's agents, servants, employees, subcontractors or Service Providers shall become or be deemed to become agents, servants, or employees of DCA. Service Provider shall therefore be responsible for compliance with all laws, rules and regulations involving its employees and any subcontractors, including but not limited to employment of labor, hours of labor, health and safety, working conditions, workers' compensation insurance, and payment of wages. No Party has the authority to enter into any contract or create an obligation or liability on behalf of, in the name of, or binding upon another Party to the Agreement.
Not a Joint Venture. This Agreement does not constitute a partnership, joint venture or agency between the parties hereto, nor shall either of the parties hold itself out as such contrary to the terms hereof by advertising or otherwise, nor shall either of the parties become bound or become liable because of any representation, action, or omission of the other.
Not a Joint Venture. This Agreement does not constitute or create (and the Parties do not intend to create hereby) a joint venture, pooling arrangement, Partnership, or formal business organization of any kind between and among any of the Parties, and the rights and obligations of the Parties shall be only those expressly set forth herein. The relationship hereby established between EPIC and ELITE is solely that of licensee and licensor, each is an independent contractor engaged in the operation of its own respective business. Neither Party shall be considered to be an agent of the other for any purpose whatsoever. Each Party shall be responsible for providing its own personnel and workers compensation, medical coverage or similar benefits and shall be solely responsible for the payment of social security benefits, unemployment insurance, pension benefits, withholding any required amounts for income and other employment-related taxes and benefits of its own employees, and shall make its own arrangements for injury, illness or other insurance coverage to protect itself, its Affiliates, its subcontractors and personnel from any damages, loss and/or liability arising out of the performance of this Agreement. Neither Party has the power or authority to act for, represent or bind the other (or its Affiliates) in any manner.