Disclaimer of Relationships. (a) The Allocatee shall not be deemed to be an agency, department or instrumentality of the United States merely by virtue of it being an Allocatee. (b) Nothing in this Allocation Agreement, nor any act of the CDFI Fund or the Allocatee, shall be construed by either of them, or by a third party, to create any relationship of third-party beneficiary, principal and agent, limited or general partner or joint venture, or of any association or relationship whatsoever involving the CDFI Fund and the Allocatee. (c) Notwithstanding any other provision of law, the CDFI Fund shall not be deemed to control the Allocatee by reason of any NMTC Allocation provided hereunder for the purpose of any other applicable law. (d) The Allocatee’s receipt of a NMTC Allocation from the CDFI Fund shall not be deemed to be an assurance of any kind by the CDFI Fund regarding a taxpayer’s Equity Investment in the Allocatee.
Appears in 11 contracts
Samples: Allocation Agreement, Allocation Agreement, Allocation Agreement
