Common use of Benefit of Article Clause in Contracts

Benefit of Article. The provisions of this Article 10 are solely for the benefit of the Administrative Agent and the Lenders. Except as otherwise expressly set forth in this Article 10, no Borrower shall have any rights under any of the provisions of this Article 10; it being understood that the provisions of this Article 10 are not in limitation of any right, remedy, power, duty, obligation or liability which the Administrative Agent would have to or against any Borrower.

Appears in 3 contracts

Samples: Business Loan and Security Agreement (ICF International, Inc.), Business Loan and Security Agreement (Vse Corp), Business Loan and Security Agreement (ICF International, Inc.)

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Benefit of Article. The provisions of this Article 10 are solely for the benefit of the Administrative Agent and the Lenders. Except as otherwise expressly set forth in this Article 10, no Borrower shall have any rights under any of the provisions of this Article 10; it being understood that the provisions of this Article 10 are not in limitation of any right, remedy, power, duty, obligation or liability which the Administrative Agent would have to or against any Borrower.

Appears in 2 contracts

Samples: Business Loan and Security Agreement (ICF International, Inc.), Business Loan and Security Agreement (ICF International, Inc.)

Benefit of Article. The provisions of this Article 10 are solely for the benefit of the Administrative Agent Agents and the Lenders. Except as otherwise expressly set forth provided in Section 10.8(b) of this Article 10Agreement, no Borrower shall have any rights under any of the provisions of this Article 10; it being understood that the provisions of this Article 10 are not in limitation of any right, remedy, power, duty, obligation or liability which the Administrative Agent Agents would have to or against any Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Mantech International Corp)

Benefit of Article. The provisions of this Article 10 are solely ------------------ for the benefit of the Administrative Agent and the Lenders. Except as otherwise expressly set forth in this Article 10, no Borrower The Borrowers shall have any no rights under (or rights to require any Lender's compliance with) any of the provisions of this Article 10; it being understood that the provisions of this Article 10 are not in limitation of any right, remedy, power, duty, obligation or liability which the Administrative Agent would have to or against any Borrower.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Iconixx Corp)

Benefit of Article. The provisions of this Article 10 are ------------------ solely for the benefit of the Administrative Agent and the Lenders. Except as otherwise expressly set forth in this Article 10, no Borrower The Borrowers shall have any no rights under (or rights to require any Lender's compliance with) any of the provisions of this Article 10; it being understood that the provisions of this Article 10 are not in limitation of any right, remedy, power, duty, obligation or liability which the Administrative Agent would have to or against any Borrower.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Averstar Inc)

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Benefit of Article. The provisions of this Article 10 are solely for the benefit of the Administrative Agent and the Lenders. Except as otherwise expressly set forth in this Article 10, no No Borrower shall have any rights under any of the provisions of this Article 10; it being understood that the provisions of this Article 10 are not in limitation of any right, remedy, power, duty, obligation or liability which the Administrative Agent would have to or against any Borrower.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Opinion Research Corp)

Benefit of Article. The provisions of this Article 10 are solely for ------------------ the benefit of the Administrative Agent Agents and the Lenders. Except as otherwise expressly set forth provided in Section 10.8(b) of this Article 10Agreement, no Borrower shall have any rights under any of the provisions of this Article 10; it being understood that the provisions of this Article 10 are not in limitation of any right, remedy, power, duty, obligation or liability which the Administrative Agent Agents would have to or against any Borrower.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Mantech International Corp)

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