Common use of Not Partners Clause in Contracts

Not Partners. The Promoters are independent companies and are not partners or joint venturers with each other. While the Promoters may select an entity to handle certain administrative tasks for them, no party is authorized to make any commitment on behalf of all or any of them.

Appears in 3 contracts

Samples: Promoters Agreement, Specification Promoters Agreement (Silicon Image Inc), Promoter's Agreement (Silicon Image Inc)

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Not Partners. The Adopter understands that the Promoters are independent companies and are not partners or joint venturers with each other. While the Promoters may select an entity to handle certain administrative tasks for them, no party is authorized to make any commitment on behalf of all or any of them.

Appears in 2 contracts

Samples: Adopter’s Agreement for Open Host Controller Interface Reciprocal Covenant, Adopter’s Agreement for Open Host Controller Interface Reciprocal Covenant

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Not Partners. The Promoters are independent companies and are not ------------ partners or joint venturers with each other. While the Promoters may select an entity to handle certain administrative tasks for them, no party is authorized to make any commitment on behalf of all or any of them.

Appears in 1 contract

Samples: Promoter's Agreement (Tut Systems Inc)

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