Common use of Status of Company Clause in Contracts

Status of Company. Company enters into this Order for itself and on behalf of its Co-Venturers. Contractor shall look only to Company for the performance of this Order and waives any and all rights to make or pursue any claim against Company’s Co- Venturers on whose behalf Company is acting. Company is entitled to enforce this Order on behalf of itself and such Co-Venturers.

Appears in 2 contracts

Sources: Purchase Order Agreement, Purchase Order Agreement