No Joint Venture or Partnership Created. SBS and all assets of the City used in connection with BAF shall remain assets of the City. HDN and all assets of the County used in connection with YVRA shall remain assets of the County. No assumption of indebtedness by City or County of the other’s indebtedness shall result from this Agreement or the operation of the Airport Commission. No joint venture or partnership is created hereby. It is the intention of City and County that the Airport Commission provide for unified direction of SBS and HDN, but City shall continue to fund the operations of SBS and County shall continue to fund the operations of the HDN.
No Joint Venture or Partnership Created. This Agreement shall not be construed to create a joint venture or partnership between the parties hereto.
No Joint Venture or Partnership Created. (a) Calpine and the Calpine Transaction Parties, on the one hand, and Bear Xxxxxxx and CalBear, on the other hand, are independent contractors. Neither Calpine or any Calpine Transaction Party, on the one hand, nor Bear Xxxxxxx or CalBear, on the other hand, is an agent (except as specifically provided in the Agency and Services Agreement), representative or partner of Bear Xxxxxxx or CalBear, or Calpine or any Calpine Transaction Party, respectively, and each of Calpine and the Calpine Transaction Parties and Bear Xxxxxxx and CalBear agrees that the Transaction, this Agreement, the other Transaction Documents and the transactions contemplated hereby and thereby are not intended to create, and shall not be interpreted, construed or deemed to create in any respect an association, joint venture, co-ownership, co-authorship, or partnership, whether general, limited or otherwise, between Calpine or any Calpine Transaction Party, on the one hand, and Bear Xxxxxxx or CalBear, on the other hand, or to impose any partnership obligation or partnership liability between Calpine or any Calpine Transaction Party, on the one hand, and Bear Xxxxxxx or CalBear, on the other hand. None of Calpine or any Calpine Transaction Party, on the one hand, nor Bear Xxxxxxx or CalBear, on the other hand, shall have any right, power or authority to negotiate, execute, authenticate or deliver any Contract for or on behalf of or in the name of, or to incur any Liability for, or to otherwise bind, Bear Xxxxxxx or Calpine, respectively, or bind CalBear or any of the Calpine Transaction Parties, respectively, except as specifically set forth in the Agency and Services Agreement or the Trading Master Agreement, in each case with respect to CalBear and CMSC. Calpine and the Calpine Transaction Parties, on the one hand, and Bear Xxxxxxx and CalBear, on the other hand, agree that they are not, and shall not be, and shall not hold Bear Xxxxxxx or CalBear, or Calpine or the Calpine Transaction Parties, respectively, out to be, co-employers.
No Joint Venture or Partnership Created. This License Agreement shall not be construed to create a joint venture or partnership between the parties hereto.
No Joint Venture or Partnership Created. The parties are independent contractors with respect to each other, and nothing herein shall create any association, partnership, joint venture or agency relationship between the parties. Neither party has any right or authority to assume or create any obligations or responsibility on behalf of the other party.
No Joint Venture or Partnership Created. The relationship between the Parties shall be limited to the performance of this Agreement, which shall be construed and be deemed to be a specific arrangement for the tendering of a replacement contractor to perform the remaining work under the Contract and the payment of the Final Surety Payment only. Nothing herein contained shall be construed to constitute the Parties as partners or joint venturers or to constitute any Party as general agent of any other Party. The Surety is entitled to act for its own benefit in this matter and owes no duties, fiduciary or otherwise, except as expressly set forth herein.
