NO PARTITION No Partner nor any successor-in-interest to a Partner shall have the right while this Agreement remains in effect to have any property of the Partnership partitioned, or to file a complaint or institute any proceeding at law or in equity to have such property of the Partnership partitioned, and each Partner, on behalf of itself and its successors and assigns hereby waives any such right. It is the intention of the Partners that the rights of the parties hereto and their successors-in-interest to Partnership property, as among themselves, shall be governed by the terms of this Agreement, and that the rights of the Partners and their respective successors-in-interest shall be subject to the limitations and restrictions as set forth in this Agreement.
No Partnership This Agreement shall not be interpreted or construed to create an association, joint venture, agency relationship, or partnership between the Parties or to impose any partnership obligation or partnership liability upon either Party. Neither Party shall have any right, power or authority to enter into any agreement or undertaking for, or act on behalf of, or to act as or be an agent or representative of, or to otherwise bind, the other Party.
NO PETS No pets of any kind are permitted in the Townhouse at any time.
No Partnership, Joint Venture or Agency Nothing in this Investment Agreement shall be deemed to create a partnership, joint venture, association, agency, trust, fiduciary, or employer-employee relationship and no Party shall be authorized to hold itself out or to act as the agent or employee of any other Party for any purpose whatsoever. Notwithstanding the use of the terms "Investment Agreement" and "Investment", nothing in this Investment Agreement shall be deemed to give either Party any form of ownership interest in the other Party, or to constitute an offer to sell or otherwise impact any securities of any type.
No Partnership, etc The Lenders and Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement, the Notes or in any of the other Credit Facility Documents shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by or between the Lenders and Borrower or any other Person.
No Payment The Executive acknowledges and agrees that no separate or additional payment will be required to be made to him in consideration of his undertakings in this Section 6.
No Gifts Vendor shall not give a gift or make an expenditure to or for the personal benefit of a Citizens officer or employee.
No Pyramiding Compensation shall not be paid more than once for the same hours under any provision of this Article or Agreement.
NO INTEREST No interest shall be paid by the Partnership on Capital Contributions or on balances in Partners’ Capital Accounts.
Partition Each Member waives any and all rights that it may have to maintain an action for partition of the Company's property.
