Seller Kennecorp Equities will be within the status of and work as a contractor that is independent shall in no occasion be viewed a representative or worker of Purchaser Savings and Loan, it being the intent associated with the events hereto that this Agreement shall maybe maybe not represent nor be construed to produce a partnership or jv between Seller and Purchaser.
These passages additionally militate against BCS & L’s argument for alternative party beneficiary status.
The events to an agreement must deliberately confer beneficiary status on a party that is third. Continue reading (Emphasis added). In paragraph 5, this contract additionally states: