Seller Kennecorp Equities will be into the status of and work as a contractor that is independent shall in no occasion be looked at a realtor or worker of Purchaser Savings and Loan, it being the intent of this events hereto that this Agreement shall 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 3rd party beneficiary status.

The events to a agreement must deliberately confer beneficiary status for a party that is third. [Read more…]