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.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Not a Joint Venture or Partnership. Nothing in this Lease shall be construed to create a joint venture or partnership between Landlord and Tenant.
Sample 1
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.
Sample 1
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.
Sample 1
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...
Sample 1

Related to Not a Joint Venture or Partnership

  • No Joint Venture or Partnership 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, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Collateral other than that of secured party, 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.

  • 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.

  • 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 this 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.

  • Transfer of General Partner’s Partnership Interest A. Except in connection with a Termination Transaction permitted under Section 11.2.B, the General Partner shall not withdraw from the Partnership and shall not transfer all or any portion of its interest in the Partnership (whether by sale, statutory merger or consolidation, liquidation or otherwise), other than to an Affiliate, without the Consent of the Limited Partners, which may be given or withheld by each Limited Partner in its sole and absolute discretion, and only upon the admission of a successor General Partner pursuant to Section 12.1. Upon any transfer of a Partnership Interest in accordance with the provisions of this Section 11.2, the transferee shall become a substitute General Partner for all purposes herein, and shall be vested with the powers and rights of the transferor General Partner, and shall be liable for all obligations and responsible for all duties of the General Partner, once such transferee has executed such instruments as may be necessary to effectuate such admission and to confirm the agreement of such transferee to be bound by all the terms and provisions of this Agreement with respect to the Partnership Interest so acquired. It is a condition to any transfer otherwise permitted hereunder that the transferee assumes, by operation of law or express agreement, all of the obligations of the transferor General Partner under this Agreement with respect to such transferred Partnership Interest, and no such transfer (other than pursuant to a statutory merger or consolidation wherein all obligations and liabilities of the transferor General Partner are assumed by a successor corporation by operation of law) shall relieve the transferor General Partner of its obligations under this Agreement without the Consent of the Limited Partners, in their reasonable discretion. In the event the General Partner withdraws from the Partnership, in violation of this Agreement or otherwise, or otherwise dissolves or terminates, or upon the Incapacity of the General Partner, all of the remaining Partners may elect to continue the Partnership business by selecting a substitute General Partner in accordance with the Act.

Time is Money Join Law Insider Premium to draft better contracts faster.