Common use of Independent Nature of Relationship Clause in Contracts

Independent Nature of Relationship. The relationship between the Company and the Investor is solely that of lender and borrower, and neither the Company nor any of the Investor has any fiduciary or other special relationship with the any of the Investor and their Affiliates on the one hand, or the Company and its Affiliates on the other hand. Nothing contained herein or in any other Transaction Document shall be deemed to constitute the Company and the Investor as a partnership, an association, a joint venture or any other kind of entity or legal form. The Parties agree that they shall not take any inconsistent position with respect to such treatment in a filing with any Governmental Authority.

Appears in 2 contracts

Samples: Revenue Interest Financing Agreement (Allurion Technologies, Inc.), Revenue Interest Financing Agreement (Allurion Technologies Holdings, Inc.)

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Independent Nature of Relationship. The relationship between the Company and the Investor is solely that of lender and borrower, and neither the Company nor any of the Investor has any fiduciary or other special relationship with the other Party hereto or any of the Investor and their Affiliates on the one hand, or the Company and its Affiliates on the other handAffiliates. Nothing contained herein or in any other Transaction Document shall be deemed to constitute the Company and the Investor as a partnership, an association, a joint venture or any other kind of entity or legal form. The Parties agree that they shall not take any inconsistent position with respect to such treatment in a filing with any Governmental Authority.

Appears in 2 contracts

Samples: Revenue Interest Financing Agreement (Karyopharm Therapeutics Inc.), Revenue Interest Financing Agreement (Chiasma, Inc)

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Independent Nature of Relationship. The relationship between the Company and the Investor Investors is solely that of lender and borrower, and neither the Company nor any of the Investor Investors has any fiduciary or other special relationship with the any of the Investor Investors and their Affiliates on the one hand, or the Company and its Affiliates on the other hand. Nothing contained herein or in any other Transaction Document shall be deemed to constitute the Company and the Investor Investors as a partnership, an association, a joint venture or any other kind of entity or legal form. The Parties agree that they shall not take any inconsistent position with respect to such treatment in a filing with any Governmental Authority.

Appears in 1 contract

Samples: Revenue Interest Financing Agreement (Spero Therapeutics, Inc.)

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