Common use of No Agency, Joint Venture or Partnership Clause in Contracts

No Agency, Joint Venture or Partnership. Neither Party is, nor will be deemed to be, an employee, agent or legal representative of the other Party for any purpose. Neither Party will be entitled to enter into any contracts in the name of, or on behalf of the other Party, nor will a Party be entitled to pledge the credit of the other Party in any way or hold itself out as having authority to do so. The parties are independent contractors, this Agreement is for an arm’s-length transaction, and the relationship that it governs shall not be construed to be or create any agency, joint venture or partnership.

Appears in 3 contracts

Samples: Assignment Agreement (Aclaris Therapeutics, Inc.), Finder’s Services Agreement (Aclaris Therapeutics, Inc.), Assignment Agreement (Aclaris Therapeutics, Inc.)

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No Agency, Joint Venture or Partnership. Neither Party is, nor will be deemed to be, be an employee, agent or legal representative of the other Party for any purpose. Neither Party will be entitled to enter into any contracts in the name of, or on behalf of the other Party, nor will a Party be entitled to pledge the credit of the other Party in any way or hold itself out as having authority to do so. The parties are independent contractors, this Agreement is for an arm’s-length transaction, and the relationship that it governs shall not be construed to be or create any agency, joint venture or partnership.

Appears in 1 contract

Samples: Assignment and License Agreement (Novan, Inc.)

No Agency, Joint Venture or Partnership. Neither Party isshall act or describe itself as the agent of the other, nor will be deemed to be, an employee, agent shall it make or legal representative of the other Party for any purpose. Neither Party will be entitled to enter into any contracts in the name of, or on behalf of the other Party, nor will a Party be entitled to pledge the credit of the other Party in any way or hold itself out as having represent that it has authority to do somake any commitments on the other’s behalf. The parties are independent contractors, this This Agreement is for an arm’s-length transaction, and the relationship that it governs shall does not be construed to be or create any agency, joint venture or partnershippartnership between the Parties and they are operating as independent contractors with respect to one another.

Appears in 1 contract

Samples: Patent and Know How Exclusive Sublicense Agreement (Somanta Pharmaceuticals Inc.)

No Agency, Joint Venture or Partnership. Neither Party is, nor will be deemed to be, an employee, agent or legal representative of the other Party for any purpose. Neither Party will be entitled to enter into any contracts in the name of, or on behalf of the other Party, nor will a Party be entitled to pledge the credit of the other Party in any way or hold itself out as having authority to do so. The parties are independent contractors, this Agreement is for an arm’s-length transaction, and the relationship that it governs shall not be construed to be or create any agencyjoint venture, joint venture agency or partnership.

Appears in 1 contract

Samples: License and Distribution Agreement (Thermogenesis Corp)

No Agency, Joint Venture or Partnership. Neither Party is, nor will be deemed to be, an employee, agent or legal representative of the other Party for any purpose. Neither Party will be entitled to enter into any contracts in the name of, or on behalf of the other Party, nor will a Party be entitled to pledge the credit of the other Party in any way or hold itself out as having authority to do so. This Agreement is an arm’s length agreement between the Parties and shall not constitute or be construed as a joint venture. The parties are independent contractors, contractors and this Agreement is for an arm’s-length transaction, and the relationship that it governs shall not be construed to be or create any agency, joint venture or partnership.

Appears in 1 contract

Samples: License Agreement (Karuna Therapeutics, Inc.)

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No Agency, Joint Venture or Partnership. Neither Party is, nor will be deemed to be, an employee, agent or legal representative of the other Party for any purpose. Neither Party will be entitled to enter into any contracts in the name of, or on behalf of the other Party, nor will a Party be entitled to pledge the credit of the other Party in any way or hold itself out as having authority to do so. The parties are independent contractors, this Agreement is for an arm’s-length transaction, and the relationship that it governs shall not be construed to be or create any agency, joint venture or partnership.as

Appears in 1 contract

Samples: Assignment and License Agreement (Celladon Corp)

No Agency, Joint Venture or Partnership. Neither Party isshall act or describe itself as the agent of the other, nor will be deemed to be, an employee, agent shall it make or legal representative of the other Party for any purpose. Neither Party will be entitled to enter into any contracts in the name of, or on behalf of the other Party, nor will a Party be entitled to pledge the credit of the other Party in any way or hold itself out as having represent that it has authority to do somake any commitments on the other's behalf. The parties are independent contractors, this This Agreement is for an arm’s-length transaction, and the relationship that it governs shall does not be construed to be or create any agency, joint venture or partnershippartnership between the Parties and they are operating as independent contractors with respect to one another.

Appears in 1 contract

Samples: Patent and Know How Exclusive Sublicense Agreement (Somanta Pharmaceuticals Inc.)

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