Common use of Relations of the Parties Clause in Contracts

Relations of the Parties. The relationship between Seller and Buyer shall be that of seller and purchaser. This Agreement shall not be construed to create a partnership, joint venture or creditor-debtor relationship between the parties hereto.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Hyperion Partners Ii Lp), Purchase and Sale Agreement (Hyperion Partners Ii Lp)

Relations of the Parties. The relationship between Seller the Bank and the Buyer shall be that of seller and purchaser. This Agreement shall not be construed to create a partnership, joint venture or creditor-debtor relationship between the parties hereto.

Appears in 1 contract

Sources: Option and Purchase, Sale and Assignment Agreement (Conolog Corp)