Common use of Relationship Between Buyer and Seller Clause in Contracts

Relationship Between Buyer and Seller. The relationship between Seller and Buyer shall be that of seller and buyer. This Agreement shall not be construed to create a partnership or joint venture between Buyer and Seller. In no event shall the transactions contemplated by this Agreement be deemed or be construed, in whole or in part, as a loan from Buyer and Seller.

Appears in 3 contracts

Samples: Loan Purchase and Sale Agreement (Shepherd's Finance, LLC), Loan Purchase and Sale Agreement (Shepherd's Finance, LLC), Loan Purchase and Sale Agreement (Shepherd's Finance, LLC)

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Relationship Between Buyer and Seller. The relationship between Buyer and Seller and Buyer shall be that of seller buyer and buyerseller. Neither is, as a result of or pursuant to this Agreement, a trustee or agent for the other, nor does either have fiduciary obligations to the other as a result of or pursuant to this Agreement. This Agreement shall not be construed to create a partnership or joint venture between the Parties with respect to the Assets. No activity conducted by Buyer and Seller. In no event after the Closing Date shall the transactions contemplated by this Agreement be deemed state or be construed, imply that Seller is in whole or in part, any way involved as a loan from Buyer and Sellerpartner, joint venturer or otherwise with respect to the Assets.

Appears in 1 contract

Samples: Loan Purchase and Sale Agreement (HF Foods Group Inc.)

Relationship Between Buyer and Seller. The relationship between Seller and Buyer shall be that of seller and buyer. Neither is a trustee or agent for the other, nor does either have fiduciary obligations to the other. This Agreement shall not be construed to create a partnership or joint venture between Buyer and Seller. In no event shall the transactions contemplated by this Agreement be deemed or be construed, in whole or in part, as a loan from Buyer and SellerParties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Day Runner Inc)

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Relationship Between Buyer and Seller. The relationship between Seller and Buyer shall be that of seller and buyer. Neither is a trustee or agent for the other, nor does either have any fiduciary obligations to the other. This Agreement shall not be construed to create a partnership or joint venture between Buyer and Sellerthe Parties. In no event shall the transactions contemplated by this Agreement Participation be deemed or be construed, in whole or in part, construed as a loan from Buyer and to Seller.

Appears in 1 contract

Samples: Contribution Agreement (Carlyle GMS Finance, Inc.)

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