Common use of INDEPENDENT BUSINESS ENTITIES Clause in Contracts

INDEPENDENT BUSINESS ENTITIES. The parties acknowledge and agree that each is an independent business entity. As such, no agency, partnership, joint venture, co-inventor, co-author, employee-employer or franchisor-franchisee relationship is intended or created by this Agreement. Nothing in this Agreement shall result in an obligation or create a duty to provide an accounting between the parties. Neither party shall make any warranties or representations on behalf of the other party.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding

INDEPENDENT BUSINESS ENTITIES. The parties acknowledge and agree that each is an independent business entity. As such, no agency, partnership, joint venture, co-inventor, co-author, employee-employer or franchisor-franchisor- franchisee relationship is intended or created by this Agreement. Nothing in this Agreement shall result in an obligation or create a duty to provide an accounting between the parties. Neither party shall make any warranties or representations on behalf of the other party.

Appears in 1 contract

Sources: Memorandum of Understanding

INDEPENDENT BUSINESS ENTITIES. The parties acknowledge and agree that each is an independent business entity. As such, no agency, partnership, joint venture, co-inventor, co-co- author, employee-employer or franchisor-franchisee relationship is intended or created by this Agreement. Nothing in this Agreement shall result in an obligation or create a duty to provide an accounting between the parties. Neither party shall make any warranties or representations on behalf of the other party.

Appears in 1 contract

Sources: Memorandum of Understanding