Not a Joint Venture or Partnership Sample Clauses

Not a Joint Venture or Partnership. Nothing contained in any of the Loan Documents shall be deemed to render Lender and Borrower partners or joint venturers for any purpose.
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Not a Joint Venture or Partnership. This Assignment is not a joint venture or partnership between Seller and Purchaser. The Subordinated Deed of Trust is intended to secure the Purchaser's obligations under this Agreement and related documents.
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Not a Joint Venture or Partnership. This Agreement and the other documents executed in connection with this transaction are intended to create only a debtor - creditor relationship between Borrower and Lender, and Borrower acknowledges and agrees that nothing contained herein or therein shall be construed in any way as creating a joint venture, partnership, joint tenancy or tenancy in common between Borrower and Lender.
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Not a Joint Venture or Partnership. Nothing in this Lease shall be construed to create a joint venture or partnership between Landlord and Tenant.
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Not a Joint Venture or Partnership. This Agreement shall not be construed as creating a joint venture, co-venture or a co-partnership between the parties nor result in a joint service offering to their respective customers. Neither party shall have any authority to bind the other or the other's representatives in any way. ACCEPTED AND AGREED AS OF THE EFFECTIVE DATE: Two River Community Bank Phoenix International Ltd., Inc. ------------------------------------ ---------------------------------------- Signature Signature /s/ Michael J. Gormley /s/ Richard T. Powers ------------------------------------ ---------------------------------------- Print Name Print Name Senior Vice President & Treasurer Senior Vice President ------------------------------------ ---------------------------------------- Print Title Print Title November 17, 1999 November 18, 1999 ------------------------------------ ---------------------------------------- Date Date EXHIBIT A Processing Services ------------------- Customer & Product Controls Administrative Controls Customer Processing Deposit Processing Loan Processing Teller Processing Nightly Processing General Ledger Administration & Maintenance Executive Information System Data Dictionary: Deposits Data Dictionary: Loans Data Dictionary: Customer Information Report Dictionary Internet Home Banking Voice Response Safe Deposit Box Processing IRA Processing ACH Processing Call Report Extracts (quarterly) EXHIBIT B Standard Fee Schedule Account and Transaction Processing Pricing (All fees monthly unless specified) Core Processing Volume Sensitive Monthly Fee --------------- ---------------- ----------- Minimum Processing Fee up to 10,000 accounts $ 5,000 Monthly minimum for Core Processing months 1-4 $ 2,500 Deposit Accounts $.60 per account Loan Accounts $.75 per account General Ledger $.25 per account Relationship Management System Included Teller System Included Executive Information System Included Ancillary Systems Call Reporting $200.00 Accounts Payable $250.00 Loan Origination $500.00 Deposit Document Preparation $500.00 Voice Response System $600.00 Internet Banking $.15 per account $1,500.00 Optical Reporting $.01 per account $500.00 Test Bank $.05 per account $400.00 Business Recovery Service $.02 per account $500.00 Data Communications Terminal Access $15.00 per terminal Communications Hardware maintenance $65.00 per month Telephone Lines Pass thru Equipment Charges DSU/CSU Pass thru Phoenix Inc. shall add to these charges an administrative fee of Eight Per...
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Related to Not a Joint Venture or Partnership

  • No Joint Venture or Partnership Each Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenants-in-common, or joint tenancy relationship between any Borrower and Lender nor to grant Lender any interest in any Individual Property other than that of mortgagee or lender.

  • No Partnership or Joint Venture Neither the Trust, the Fund nor the Adviser are partners of or joint venturers with each other and nothing herein shall be construed so as to make them such partners or joint venturers or impose any liability as such on any of them.

  • No Joint Venture Nothing contained in this Agreement (i) shall constitute the Administrator and either of the Issuer or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others.

  • Not a Joint Venture Nothing in the Contract shall be construed as creating or constituting the relationship of a partnership, joint venture, (or other association of any kind or agent and principal relationship) between the parties thereto. Each party shall be deemed to be an independent contractor contracting for goods and services and acting toward the mutual benefits expected to be derived herefrom. Neither Contractor nor any of Contractor's agents, servants, employees, subcontractors or contractors shall become or be deemed to become agents, servants, or employees of the State. Contractor shall therefore be responsible for compliance with all laws, rules and regulations involving its employees and any subcontractors, including but not limited to employment of labor, hours of labor, health and safety, working conditions, workers' compensation insurance, and payment of wages. No party has the authority to enter into any contract or create an obligation or liability on behalf of, in the name of, or binding upon another party to the Contract.

  • No Joint Venture or Partnership; No Third Party Beneficiaries (a) Borrower and Lender intend that the relationships created hereunder and under the other Loan Documents be solely that of borrower and lender. Nothing herein or therein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Property other than that of mortgagee, beneficiary or lender. (b) This Agreement and the other Loan Documents are solely for the benefit of Lender and Borrower and nothing contained in this Agreement or the other Loan Documents shall be deemed to confer upon anyone other than Lender and Borrower any right to insist upon or to enforce the performance or observance of any of the obligations contained herein or therein. All conditions to the obligations of Lender to make the Loan hereunder are imposed solely and exclusively for the benefit of Lender and no other Person shall have standing to require satisfaction of such conditions in accordance with their terms or be entitled to assume that Lender will refuse to make the Loan in the absence of strict compliance with any or all thereof and no other Person shall under any circumstances be deemed to be a beneficiary of such conditions, any or all of which may be freely waived in whole or in part by Lender if, in Lender’s sole discretion, Lender deems it advisable or desirable to do so.

  • Partnership The Partnership shall be given days’ notice to purchase the ownership interest under the same terms agreed upon by the potential buyer.

  • Joint Venture Nothing contained in the Agreement shall be construed as creating a joint venture, partnership, agency or employment relationship between Plan and Controlled Affiliate or between either and BCBSA.

  • No Partnership, Agency or Joint Venture This Agreement is intended to create, and creates, a contractual relationship and is not intended to create, and does not create, any agency, partnership, joint venture or any like relationship between the parties hereto.

  • Partnerships and Joint Ventures No Loan Party shall become a general partner in any general or limited partnership or a joint venturer in any joint venture.

  • Formation of the Partnership The Partnership was formed as a limited partnership pursuant to the provisions of the Act and the Original Agreement and continued upon the terms and subject to the conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

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