Independent Nature of Relationship. The relationship between the Seller and the Purchasers is solely that of seller and purchaser, and neither the Seller nor any Purchaser has any fiduciary or other special relationship with the other Party or any of its Affiliates. This Agreement is not a partnership or similar agreement, and nothing contained herein or in any other Transaction Document shall be deemed to constitute the Seller and the Purchasers as a partnership, an association, a joint venture or any other kind of entity or legal form for any purposes, including any Tax purposes. 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: Purchase and Sale Agreement (Scilex Holding Co), Purchase and Sale Agreement (Oramed Pharmaceuticals Inc.)
Independent Nature of Relationship. The relationship between the Seller Sellers and the Purchasers Purchaser is solely that of seller and purchaser, and neither the Seller Sellers nor any the Purchaser has any fiduciary or other special relationship with the other Party or any of its Affiliates. This Agreement is not a partnership or similar agreement, and nothing contained herein or in any other Transaction Document shall be deemed to constitute the Seller Sellers and the Purchasers Purchaser as a partnership, an association, a joint venture or any other kind of entity or legal form for any purposes, including any Tax purposes. 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: Purchase and Sale Agreement (Agenus Inc), Purchase and Sale Agreement (Ligand Pharmaceuticals Inc)
Independent Nature of Relationship. The relationship between the Seller and the Purchasers Purchaser is solely that of seller and purchaser, and neither the Seller nor any the Purchaser has any fiduciary or other special relationship with the other Party or any of its Affiliates. This Agreement SPSA is not a partnership or similar agreement, and nothing contained herein or in any other Transaction Document shall be deemed to constitute the Seller and the Purchasers Purchaser as a partnership, an association, a joint venture or any other kind of entity or legal form for any purposes, including any Tax purposes. 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: Subsequent Purchase and Sale Agreement (Acelrx Pharmaceuticals Inc)
