Common use of Benefit of Agreement Clause in Contracts

Benefit of Agreement. This Agreement is for the benefit of and will be binding on the parties and their permitted successors and assigns. No other Person will have any right or obligation under this Agreement.

Appears in 237 contracts

Samples: Account Control Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust), Control Agreement (Ford Credit Auto Lease Trust 2019-A)

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Benefit of Agreement. This Agreement is solely for the benefit of and will be binding on the parties hereto and their permitted successors and assigns. No , and no other Person will person shall acquire or have any right rights under or obligation under this Agreementby virtue hereof.

Appears in 125 contracts

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc), Calculation Agency Agreement (Lehman Brothers Holdings Inc), Calculation Agency Agreement (Lehman Brothers Holdings Inc)

Benefit of Agreement. This Agreement is for shall be binding upon and inure to the benefit of and will be binding on enforceable by the parties and hereto, their permitted respective successors and assigns. No other Person will have person or entity shall be entitled to claim any right or obligation under benefit hereunder, including, without limitation, the status of a third-party beneficiary of this Agreement.

Appears in 27 contracts

Samples: Forbearance Agreement (United Fuel & Energy Corp), Financing Agreement (United Fuel & Energy Corp), Waiver and Standby Purchase Agreement (Crown Media Holdings Inc)

Benefit of Agreement. This The terms and provisions of this Agreement is for shall be binding upon and inure to the benefit of the Parties, their successors, assigns, personal representatives, estate, heirs and will be binding on the parties and their permitted successors and assigns. No legatees but are not intended to confer upon any other Person will have person any right rights or obligation under this Agreementremedies hereunder.

Appears in 26 contracts

Samples: Conditional Debt Conversion Agreement, S Employment Agreement (Amerinet Group Com Inc), Reorganization Agreement (Amerinet Group Com Inc)

Benefit of Agreement. This The terms and provisions of this Agreement is for will be binding upon and inure to the benefit of the Parties, their successors, assigns, personal representatives, estate, heirs and will be binding on the parties and their permitted successors and assigns. No legatees but are not intended to confer upon any other Person will have person any right rights or obligation under this Agreementremedies hereunder.

Appears in 17 contracts

Samples: Termination Agreement (Puget Technologies, Inc.), Reorganization Agreement (Colmena Corp), Exchange Agreement (Amerinet Group Com Inc)

Benefit of Agreement. This Agreement is for shall inure to the benefit of of, and will be binding on enforceable by, the parties hereto and their permitted respective successors and permitted assigns. No , and no other Person will have shall be entitled to any right or obligation under of the benefits of this Agreement.

Appears in 7 contracts

Samples: Security Deposit Agreement (Cogen Technologies Inc), Security Deposit Agreement and Escrow Agreement (Cogen Technologies Inc), Security Deposit Agreement (Cogentrix Energy Inc)

Benefit of Agreement. This Agreement is for the benefit of and will be binding on the parties to this Agreement and their permitted successors and assigns. No other Person will have any right or obligation under this Agreement.

Appears in 6 contracts

Samples: Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (Ford Credit Auto Lease Trust 2014-A), Credit and Security Agreement (CAB East LLC)

Benefit of Agreement. This Agreement is for shall be binding upon and inure to the benefit of each Party and will be binding on the parties and their permitted its successors and permitted assigns. No other Person will have Party may assign or transfer or purport to assign or transfer any right of its rights or obligation obligations under this AgreementAgreement without the written consent of all the other Parties.

Appears in 6 contracts

Samples: Cash Escrow Agreement, Document Escrow Agreement, Cash Escrow Agreement

Benefit of Agreement. This Agreement is made solely for the benefit of the parties, and will be binding on the parties and their permitted successors and assigns. No no other Person will person shall have any right right, claim or obligation cause of action under or by virtue of this Agreement.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Western Refining Logistics, LP), Sponsor Equity Restructuring Agreement (Andeavor), Sponsor Equity Restructuring Agreement (Western Refining Logistics, LP)

Benefit of Agreement. This Agreement is for shall be binding upon and inure to the benefit of and will be binding on enforceable by the parties hereto and their permitted respective successors and assigns. No other Person will have person or entity shall be entitled to claim any right or obligation under benefit hereunder, including, without limitation, the status of a third-party beneficiary of this Agreement.

Appears in 5 contracts

Samples: Fourth Forbearance Agreement (Leiner Health Products Inc), Forbearance Agreement (Leiner Health Products Inc), Fifth Forbearance Agreement (Leiner Health Products Inc)

Benefit of Agreement. This Agreement agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns only and is not intended for the benefit of and will be binding on the parties and their permitted successors and assigns. No any other Person will have any right or obligation under this Agreementparty.

Appears in 5 contracts

Samples: Sublicense Agreement (Novint Technologies Inc), Sublicense Agreement (Novint Technologies Inc), License and Royalty Agreement (Novint Technologies Inc)

Benefit of Agreement. This Agreement is for the benefit of and will be binding on the parties Member and their its permitted successors and assigns. No This Agreement will not be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or a Special Member. Nothing in this Agreement will be deemed to create any right in any Person (other than the Indemnified Parties) not a party to this Agreement, and no other Person will have any right or obligation under this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ford Credit Floorplan LLC), Limited Liability Company Agreement (CAB East LLC), Limited Liability Company Agreement (CAB East LLC)

Benefit of Agreement. This Agreement is for shall be binding upon and inure -------------------- to the benefit of and will be binding on enforceable by the parties hereto and their permitted respective successors and assigns. No other Person will have shall be entitled to claim any right or obligation under benefit hereunder, including, without limitation, the status of a third party beneficiary of this Agreement.

Appears in 4 contracts

Samples: Forbearance Agreement, Forbearance Agreement, Forbearance Agreement (Odetics Inc)

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Benefit of Agreement. This Agreement is for the benefit of and will be binding on the parties and their permitted successors and assigns. No other Person will have any right or obligation under this Agreement.. * * * * *

Appears in 3 contracts

Samples: Asset Representations Review Agreement (American Express Receivables Financing Corp VIII LLC), Asset Representations Review Agreement (American Express Receivables Financing Corp Iv LLC), Asset Representations Review Agreement (American Express Receivables Financing Corp Iv LLC)

Benefit of Agreement. This Agreement is for shall inure to the benefit of and will be binding on upon the parties Parties and their permitted respective successors and assigns. No assigns (subject to Section 13.2), and no other Person will person shall have any right or obligation under this Agreementhereunder.

Appears in 3 contracts

Samples: Confidential Treatment (Thompson Creek Metals CO Inc.), Confidential Treatment (Thompson Creek Metals CO Inc.), Confidential Treatment (Thompson Creek Metals Co Inc.)

Benefit of Agreement. This Agreement is for shall inure to the benefit of of, and will be binding on enforceable by, the parties hereto and the Secured Parties and their permitted respective successors and permitted assigns. No , and no other Person will have shall be entitled to any right or obligation under of the benefits of this Agreement.

Appears in 2 contracts

Samples: Mexican Stock Pledge Agreement (Ica Corporation Holding Co), Borrower Pledge Agreement (Ica Corporation Holding Co)

Benefit of Agreement. This Agreement is for will enure to the benefit of and will be binding on upon the parties and their permitted respective successors and assignspermitted assigns of the parties. No other Person will have any right or obligation under this AgreementThis Agreement may not be amended except in writing executed by all parties.

Appears in 2 contracts

Samples: Third Party Incident Specific Agreement, Third Party Incident Specific Agreement

Benefit of Agreement. This Agreement is for will be binding upon and will inure to the benefit of and will be binding on the parties to it, their subsidiaries and their permitted successors and assignsrespective successors. No Nothing in this Agreement is intended to confer any rights or benefits upon any other Person will have any right or obligation under this Agreementperson.

Appears in 1 contract

Samples: Transition Services Agreement (U S Liquids Inc)

Benefit of Agreement. This Agreement is made solely for the benefit of and will be binding on the parties and their permitted successors and assigns. No no other Person will person shall acquire or have any right under or obligation under by virtue of this Agreement.

Appears in 1 contract

Samples: Marketing and License Agreement (Total Entertainment Inc)

Benefit of Agreement. This Agreement is for shall be binding upon and inure to the benefit of each Party hereto and will be binding on the parties and their permitted its successors and assigns. No other Person Nothing in this Agreement will have give any right Person, except a successor, any legal or obligation under this Agreementequitable right, remedy or claim.

Appears in 1 contract

Samples: Monitoring Agency Agreement

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