Common use of No Partnership or Other Relationship Created Clause in Contracts

No Partnership or Other Relationship Created. The parties are not, nor shall any party hold itself out to be, the partner, agent, joint venturer, employee or independent contractor of the other for any purpose whatever, nor shall any legal or fiduciary relationship between them, other than as may be explicitly provided in this Agreement, exist by virtue of this Agreement. No party shall be or become liable for any representation, act or omission of the other as a consequence of this Agreement and no party is to create any such liability on behalf of the other. This Agreement is not for the benefit of any third party and shall not of itself be deemed to give any right or remedy to any third party for any purpose whatever.

Appears in 3 contracts

Samples: Tripartite Technology Agreement (Ramtron International Corp), Tripartite Technology Agreement (Racom Systems Inc), Tripartite Technology Agreement (Ramtron International Corp)

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No Partnership or Other Relationship Created. The parties are not, nor shall any party hold itself out to be, the partner, agent, joint venturerventure, employee or independent contractor of the other for any purpose whatever, nor shall any legal or fiduciary relationship between them, other than as may be explicitly provided in this Agreement, exist by virtue of this Agreement. No party shall be or become liable for any representation, act or omission of the other as a consequence of this Agreement and no party is authorized to create any such liability on behalf of the other. This Agreement is not for the benefit of any third party and shall not of itself be deemed to give any right or remedy to any third party for any purpose whatever.

Appears in 1 contract

Samples: Technology License Agreement (Racom Systems Inc)

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No Partnership or Other Relationship Created. The parties Parties are not, nor shall any party hold itself out to be, the partner, agent, joint venturer, employee or independent contractor of the other for any purpose whatever, nor shall any legal or fiduciary relationship between them, other than as may be explicitly provided in this Agreement, exist by virtue of this Agreement. No party shall be or become liable for any representation, act or omission of the other as a consequence of this Agreement and no party is authorized to create any such liability on behalf of the other. This Agreement is not for the benefit of any third party and shall not of itself be deemed to give any right or remedy to any third party for any purpose whatever.

Appears in 1 contract

Samples: License and Services Agreement (Ramtron International Corp)

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