Relationship Between Licensee and Licensor Sample Clauses
The 'Relationship Between Licensee and Licensor' clause defines the legal and operational connection between the parties involved in a licensing agreement. Typically, it clarifies that the licensee and licensor remain independent entities and that the agreement does not create a partnership, joint venture, or employment relationship. This clause is essential for preventing misunderstandings about the nature of the parties' association and for limiting liability by ensuring that neither party is held responsible for the actions or obligations of the other.
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Relationship Between Licensee and Licensor. Licensee acknowledges that Licensor and Licensees are independent contractors and independent companies and that Licensee will at no time act (or purport to act) on behalf of Licensor or bind (or purport to bind) Licensor or any Licensor’s affiliates. In all of its dealings and business affairs, Licensee and its affiliates will clearly indicate to third-parties that Licensee is an independently owned company and is not an affiliate of Licensor. Licensee shall cause all of its directors, representatives, owners, employees, contractors, consultants, distributors, and sale agent to comply with the foregoing terms and provisions of this paragraph.