No Agency, Partnership or Joint Venture. In giving effect to this Agreement, no Party shall be or be deemed an agent or employee of the other Party for any purpose and their relationship to each other shall be that of independent contractors. Nothing in this Agreement shall constitute a partnership or a joint venture between the Parties. No Party shall have the right to enter into contracts on behalf of, pledge the credit of, or incur liabilities on behalf of, the other Party.
Appears in 2 contracts
Samples: Asset Transfer Agreement (Loral Space & Communications Inc.), Consulting Services Agreement (Loral Space & Communications Inc.)
No Agency, Partnership or Joint Venture. In giving effect to this Agreement, no Party shall be or be deemed an agent or employee of the other Party for any purpose and their relationship to each other shall be that of independent contractors. Nothing in this Agreement shall constitute a be construed as giving rise to the relationship of principal and agent, partnership or a joint venture between or entitle either Party to make any representation enter into any contract give a warranty or incur any liability on behalf of or pledge the Parties. No credit of the other Party and neither Party shall have the right authority or power to enter into contracts on behalf of, pledge the credit of, or incur liabilities on behalf of, bind the other PartyParty or to contract in the name of and create a liability against the other Party in anyway or for any purpose.
Appears in 2 contracts
Samples: Trademark License Agreement (Cephalon Inc), Development and Commercialization Agreement (Cephalon Inc)