Common use of Separate Entities Clause in Contracts

Separate Entities. Lender and Borrower have separate and independent rights and obligations under this Agreement. Nothing contained herein shall be construed as creating, forming or constituting any partnership, joint venture, merger or consolidation of Lender and Borrower for any purpose or in any respect.

Appears in 3 contracts

Samples: Loan Agreement (Star Buffet Inc), Loan Agreement (Star Buffet Inc), Loan Agreement (Global Aircraft Solutions, Inc.)

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Separate Entities. Lender and Borrower have separate and independent rights and obligations under this Agreement. Nothing contained herein shall be construed as creating, forming or constituting any partnership, joint venture, merger or consolidation of Lender and Borrower for any purpose or in any respect. SECTION 13.

Appears in 1 contract

Samples: Loan Agreement (Star Buffet Inc)

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Separate Entities. Lender and Borrower each have separate and independent rights and obligations under this Agreement. Nothing contained herein shall be construed as creating, forming or constituting any partnership, joint venture, merger or consolidation of Borrower and Lender and Borrower for any purpose or in any respect.

Appears in 1 contract

Samples: Loan Agreement (Global Aircraft Solutions, Inc.)

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