Parties Entitled to Act Separately. This Agreement does not create or establish, and shall not be construed to create or establish, any partnership or joint venture between or among any of the Parties. This Agreement establishes terms and conditions solely of a contractual relationship, among independent entities, to facilitate the achievement of the joint objectives described in the Agreement. The contractual relationship established hereunder implies no duties or obligations among the Parties except as specified expressly herein. All obligations hereunder shall be subject to, and performed in a manner that complies with each Party’s internal requirements; provided, however, this sentence shall not limit any payment obligation, or indemnity obligation under
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Parties Entitled to Act Separately. This Agreement does not create or establish, and shall not be construed to create or establish, any partnership or joint venture between or among any of the Parties. This Agreement establishes terms and conditions solely of a contractual relationship, among independent between two entities, to facilitate the achievement of the joint objectives described in the Agreement. The contractual relationship established hereunder implies no duties or obligations among between the Parties except as specified expressly herein. All obligations hereunder shall be subject to, to and performed in a manner that complies with each Party’s internal requirements; provided, however, this sentence shall not limit any payment obligation, obligations under Article XI or indemnity obligation underobligations under Section 13.3.1 or Section 13.3.2, respectively.
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Sources: Seams Operating Agreement