No Joint Ventures. This Agreement does not and will not be considered to create a partnership or joint venture between GTCC and GCBOE. Neither party will have the power to bind or obligate the other except as expressly provided herein.
No Joint Ventures. There is no partnership or joint venture between Seller and Buyer, nor is one intended.
No Joint Ventures. The Borrower shall procure that no other Security Party will:
(a) enter into, invest in or acquire (or agree to acquire) any shares, stocks, securities or other interest in any Joint Venture; or
(b) transfer any assets or lend to or guarantee or give an indemnity for or give security for the obligations of a Joint Venture or maintain the solvency of or provide working capital to any Joint Venture (or agree to do any of the foregoing).
No Joint Ventures. Nothing contained in this Agreement ----------------- shall be construed to create a relationship of partnership, joint venture or agency between the parties, and this Agreement shall not confer on any party any power to obligate or bind any other party in any manner whatsoever, except as specifically provided herein.
No Joint Ventures. No Borrower shall):
22.16.1 enter into, invest in or acquire (or agree to acquire) any shares, stocks, securities or other interest in any Joint Venture; or
22.16.2 transfer any assets or lend to or guarantee or give an indemnity for or give security for the obligations of a Joint Venture or maintain the solvency of or provide working capital to any Joint Venture (or agree to do any of the foregoing).
No Joint Ventures. No Borrower shall (and shall procure that no other Security Party (other than the Guarantor) will):
22.16.1 enter into, invest in or acquire (or agree to acquire) any shares, stocks, securities or other interest in any Joint Venture; or
22.16.2 transfer any assets or lend to or guarantee or give an indemnity for or give security for the obligations of a Joint Venture or maintain the solvency of or provide working capital to any Joint Venture (or agree to do any of the foregoing).
No Joint Ventures. The Parties acknowledge that no joint venture or partnership is created by this Agreement. No agent, employee or representative of AFC shall be deemed to be an agent, employee or representative of the City for any purpose. AFC shall be solely responsible for all acts of its agents, employees, representatives and subcontractors.
No Joint Ventures. Nothing in this Agreement shall be construed to establish a joint venture, agency, employment or partnership relationship between the Parties.
No Joint Ventures. Nothing herein contained shall be deemed in any way to constitute Town or Licensee a partner of the other in its business or otherwise, or a joint venturer or a member of a joint enterprise with the other. For all intents and purposes hereunder, Licensee shall be considered an independent contractor.
No Joint Ventures. No Borrower shall (and shall procure that no other Security Party (other than the Guarantor) will) without the prior written consent of the Agent:
22.17.1 enter into, invest in or acquire (or agree to acquire) any shares, stocks, securities or other interest in any Joint Venture; or
22.17.2 transfer any assets or lend to or guarantee or give an indemnity for or give security for the obligations of a Joint Venture or maintain the solvency of or provide working capital to any Joint Venture (or agree to do any of the foregoing).
