Relationship of Landmark to Owner. The relationship of the parties to this Agreement shall be that of principal and Agent, and all duties to be performed by Landmark under this Agreement shall be on behalf of Owner, in Owner’s name and for Owner’s account. In taking any action under this Agreement, Landmark shall be acting only as Agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint venture or any other relationship between the parties or as requiring Landmark to bear any portion of losses arising out of or connected with the ownership or operation of the Property. Landmark shall not at any time during the period of this Agreement be considered a direct employee of Owner. Neither party shall have the power to bind of obligate the other except as expressly set forth in this Agreement, except that Landmark is authorized to act with such additional power as may be necessary to carry out the spirit and intent of this Agreement. Landmark, under this Agreement, shall not be responsible for delays in performance of any obligation unless there is an intentional delay caused by Landmark or its employees.
