Relationship Between Buyer and Seller Sample Clauses

Relationship Between Buyer and Seller. The relationship between Xxxxxx and Xxxxx 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 the Parties. In no event shall the Participation be construed as a loan from Buyer to Seller. Buyer hereby acknowledges that Seller may be engaged, for its own accounts or the accounts of customers, in a broad range of transactions with the Borrower or any Obligor that involve interests that differ from those of Buyer, including but not limited to securities trading and brokerage activities, investment banking and financial advisory services and cash management and depositary services, and Seller has no obligation to disclose such services to Buyer.
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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.
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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 the Parties. In no event shall the Participation be construed as a loan from Buyer to Seller; provided, however, in the event that Buyer’s Proportion of each Security is held to be property of Seller or if for any reason this Agreement is held or deemed to create a security interest in Buyer’s Proportion of each Security, the provisions of Section 10.1 shall apply.
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Relationship Between Buyer and Seller. The relationship between Buyer and Seller shall be that of buyer and seller. 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 the Parties. Buyer acknowledges and agrees that it is not acquiring any right or interest in or license to use the names “JPMorgan Chase Bank,”, “Chase” or “JPMC” or any derivation of any of them (individually and collectively, the “Seller Name”), any logo, symbol, service xxxx, trademark, tradestyle, slogan or similar intellectual property of Seller or any of its Affiliates (the “Seller Marks”) or any Seller proprietary information, marketing materials, software, documents, signage, customer lists or similar items used by Seller (the “Seller Proprietary Property”‘). Buyer shall not use the Seller Name, Seller Marks or Seller Proprietary Property other than in connection with the Assets or Assumed Obligations and as may be reasonably necessary to facilitate the transfer of the Assets and Assumed Obligations from Seller to Buyer pursuant to this Agreement. No activity conducted by Buyer after the Closing Date shall state or imply that Seller is in any way involved as a partner, joint venturer or otherwise in Buyer’s business.
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Relationship Between Buyer and Seller. Nothing in any Contract, and no action taken by the parties pursuant thereto, shall constitute a partnership, association, joint venture or other co-operative entity between Buyer and Seller and Seller has no powers to commit or bind Buyer in any way or to incur any liability or obligations for or on behalf of Buyer. Buyer and Seller will act as independent contractors. (f)
Sample 1
Relationship Between Buyer and Seller. Nothing in this Agreement shall be construed as creating a joint venture between Buyer and Seller or any relationship other than that of buyer and seller, and neither party hereto, nor anyone else, shall have the authority or power by virtue of the provisions of this Agreement to incur any liability or obligation, other than as provided by the specific provisions of this Agreement which would be binding upon the other party hereto.
Sample 1
Relationship Between Buyer and Seller. Buyer expressly acknowledges that Seller has purchased the ITS Stock from Xxxxxx X. Xxxxxx and Xxxxxxx X. Xxxx and established itself as an intermediary party in the series of transactions contemplated by the Asset Agreement, the Stock Agreements and this Agreement for the sole purpose of facilitating the purchase of the Business by the Buyer.
Sample 1
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Relationship Between Buyer and Seller. The relationship between Sxxxxx and Bxxxx 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 the Parties. In no event shall the Participation be construed as a loan from Buyer to Seller.
Sample 1
Relationship Between Buyer and Seller a. The relationship of the Parties shall be that of seller and buyer, and neither Party shall be considered or act as an agent of or have any fiduciary duties to the other Party. The Investment Documents are not intended to create a joint venture, partnership, or association between the Parties.
Sample 1

Related to Relationship Between Buyer and Seller

  • Relationship Between Parties Each party will be deemed to represent to the other party on the date on which it enters into a Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the contrary for that Transaction):

  • Relationship Between the Parties A Party is not by virtue of this Agreement the employee, agent or partner of the other Party and is not authorised to bind or represent the other Party.

  • Seller and Buyer May Affirm or Terminate Without limiting any other right or remedy of the parties including those under this contract or any right at law or in equity, if the Seller or Buyer, as the case may be, fails to comply with an Essential Term, or makes a fundamental breach of an intermediate term, the Seller (in the case of the Buyer’s default) or the Buyer (in the case of the Seller’s default) may affirm or terminate this contract.

  • Relationship between Party A and Party B Each of Party A and Party B will be deemed to represent to the other on the date on which it enters into a Transaction or an amendment thereof that (absent a written agreement between Party A and Party B that expressly imposes affirmative obligations to the contrary for that Transaction):

  • Relationship Among Parties CNHCA and the Seller acknowledge and agree that the Underwriters are acting solely in the capacity of an arm’s length contractual counterparty to CNHCA and the Seller with respect to the offering of the Notes contemplated hereby (including in connection with determining the terms of the offering) and not as a financial advisor or a fiduciary to, or an agent of, CNHCA, the Seller or any other person. Additionally, none of the Underwriters are advising CNHCA, the Seller or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction. CNHCA and the Seller shall consult with their own advisors concerning such matters and shall be responsible for making their own independent investigation and appraisal of the transactions contemplated hereby, and the Underwriters shall have no responsibility or liability to CNHCA or the Seller with respect to any such legal, tax, investment, accounting or regulatory matters. Any review by the Underwriters of CNHCA, the Seller, the transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of the Underwriters and shall not be on behalf of CNHCA or the Seller.

  • COVENANTS OF BUYER AND SELLER Buyer and Seller agree that:

  • Seller’s Representations Seller represents and warrants to Buyer as follows:

  • Consultation Between the Parties ALPS and the Trust shall regularly consult with each other regarding ALPS’ performance of its obligations under this Agreement. In connection therewith, the Trust shall submit to ALPS at a reasonable time in advance of filing with the SEC reasonably final copies of any amended or supplemented registration statement (including exhibits) under the 1933 Act and the 1940 Act; provided, however, that nothing contained in this Agreement shall in any way limit the Trust’s right to file at any time such amendments to any registration statement and/or supplements to any prospectus or statement of additional information, of whatever character, as the Trust may deem advisable, such right being in all respects absolute and unconditional.

  • Relationship Among the Parties Consultant acknowledges that it is not an officer, director or agent of the Company, it is not, and will not, be responsible for any management decisions on behalf of the Company, and may not commit the Company to any action. The Company represents that the consultant does not have, through stock ownership or otherwise, the power neither to control the Company, nor to exercise any dominating influences over its management. Consultant understands and acknowledges that this Agreement shall not create or imply any agency relationship among the parties, and Consultant will not commit the Company in any manner except when a commitment has been specifically authorized in writing by the Company. The Company and the Consultant agree that the relationship among the parties shall be that of independent contractor.

  • SELLERS 20 The member states initially anticipate that they will provide a monetary allowance to sellers 21 under Model 2 based on the following:

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