Common use of No Association Clause in Contracts

No Association. Nothing herein contained constitutes as agreement to become partners with you or any other Authorized Dealer, but you shall be liable for your proportionate share of any tax, liability or expense based on any claim arising from the sale of Shares under this Agreement. You and we hereby agree that there is no intent to form a partnership, and agree not to take any position inconsistent with that intent. We shall not be under any liability to you, except for obligations expressly assumed by us in this Agreement and liabilities under Section 11(f) of the Securities Act, and no obligations on our part shall be implied or inferred here from.

No Association. Nothing herein contained constitutes as an agreement to -------------- become partners with you or with any other Authorized Dealer, but you shall be liable for your proportionate share of any tax, liability or expense based on any claim arising from the sale of Shares under this Agreement. You We and we you hereby agree that there is no intent to form a partnership, and agree not to take any position inconsistent with that intent. We shall not be under any liability to you, except for obligations expressly assumed by us in this Agreement and liabilities under Section 11(f) of the Securities Act, and no obligations on our part shall be implied or inferred here fromherefrom.

No Association. Nothing herein contained constitutes as an agreement to become partners with you or with any other Authorized Dealer, but you shall be liable for your proportionate share of any tax, liability or expense based on any claim arising from the sale of Shares under this Agreement. You We and we you hereby agree that there is no intent to form a partnership, and agree not to take any position inconsistent with that intent. We shall not be under any liability to you, except for obligations expressly assumed by us in this Agreement and liabilities under Section 11(f) of the Securities Act, and no obligations on our part shall be implied or inferred here fromherefrom.