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

No Agency, Partnership or Joint Venture. Neither this Agreement nor the Loan Documents nor the exercise by Lender of any of its rights or remedies hereunder or thereunder shall create, or shall be deemed to have created (i) a relationship of principal and agent between Borrower and Lender, or (ii) a partnership or joint venture, as between Lender and Borrower, or (iii) to render Lender in any way responsible for the debts, losses or liabilities of Borrower, or (iv) to render Lender a principal of, an insider in, or in any manner in control of Borrower or its business affairs.

Appears in 3 contracts

Samples: Loan and Security Agreement (Lattice INC), Loan and Security Agreement (Lattice INC), Loan and Security Agreement (Lattice INC)

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No Agency, Partnership or Joint Venture. Neither this Agreement nor the Loan Transaction Documents nor the exercise by Lender of any of its rights or remedies hereunder or thereunder shall create, or shall be deemed to have created (i) a relationship of principal and agent between Borrower and Lender, or (ii) a partnership or joint venture, as between Lender and Borrower, or (iii) to render Lender in any way responsible for the debts, losses or liabilities of Borrower, or (iv) to render Lender a principal of, an insider in, or in any manner in control of Borrower or its business affairs.

Appears in 1 contract

Samples: Note Purchase and Security Agreement (Lattice INC)

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