Common use of NO BUSINESS RELATIONSHIP Clause in Contracts

NO BUSINESS RELATIONSHIP. The parties agree that the CONTRACT does not constitute a partnership or joint venture for tax purposes. In the event that it is so construed however, the parties agree to be excluded from the provisions of Subchapter K of the United States Internal Revenue Code of 1986, as amended. Neither party is appointed as an agent of the other. The CONTRACT does not provide for CONTRACTOR to make any commitment on behalf of COMPANY GROUP. CONTRACTOR and CONTRACTOR PERSONNEL are not to be considered employees of any member of COMPANY GROUP and are not eligible to participate in any of COMPANY GROUP employee benefit plans. XXXXXXXXXX agrees to INDEMNIFY COMPANY GROUP from any LIABILITIES related to claims for benefits by CONTRACTOR or CONTRACTOR PERSONNEL.

Appears in 3 contracts

Samples: Purchase Contract, Purchase Contract, Purchase Contract

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NO BUSINESS RELATIONSHIP. The parties agree that the CONTRACT does not constitute a partnership or joint venture for tax purposes. In the event that it is so construed however, the parties agree to be excluded from the provisions of Subchapter K of the United States Internal Revenue Code of 1986, as amended. Neither party is appointed as an agent of the other. The CONTRACT does not provide for CONTRACTOR to make any commitment on behalf of COMPANY GROUP. CONTRACTOR and CONTRACTOR PERSONNEL are not to be considered employees of any member of COMPANY GROUP and are not eligible to participate in any of COMPANY GROUP employee benefit plans. XXXXXXXXXX CONTRACTOR agrees to INDEMNIFY COMPANY GROUP from any LIABILITIES related to claims for benefits by CONTRACTOR or CONTRACTOR PERSONNEL.

Appears in 2 contracts

Samples: Purchase Contract, Purchase Contract

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