Common use of Independence of Parties Clause in Contracts

Independence of Parties. LICENSOR and LICENSEE are independent parties engaged in independent business and neither party nor any respective agent or employee of either party shall be regarded as an agent or an employee of the other. Nothing in this Agreement shall be construed as reserving to either party the right to control the other in the conduct of its business, nor shall either party have the authority to make any promise, guarantee, warranty or reservation which will create any obligation or liability whether express or implied on behalf of the other.

Appears in 5 contracts

Samples: Exclusive License Agreement, Exclusive License Agreement (Co-Diagnostics, Inc.), Exclusive License Agreement (Co-Diagnostics, Inc.)

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Independence of Parties. LICENSOR Licensor and LICENSEE Licensee are independent parties entities engaged in independent business businesses, and neither party Party nor any respective agent or employee of either party Party shall be regarded as an agent or an employee of the other. Nothing in this Agreement herein shall be construed as reserving to either party Party the right to control the other in the conduct of its employees or business, nor shall either party Party have the authority to make any promise, promise guarantee, warranty or reservation representation which will create any obligation or liability whatsoever, whether express or implied implied, on behalf of the other. Licensor and Licensee are not joint venturers or partners.

Appears in 2 contracts

Samples: License Agreement, Materials License Agreement (Heat Biologics, Inc.)

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