Benefit of Provisions Sample Clauses

Benefit of Provisions. The provisions of Section 10.1 are intended to be for the benefit of, and will be enforceable by, the respective current and former directors and officers of the Company or its subsidiaries to which they relate and their heirs and representatives (all of whom will, for the avoidance of doubt, be express third party beneficiaries of this Article 10).
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Benefit of Provisions. The provisions of Sections 9.2 and 9.3 are intended for the benefit of, and will be enforceable by, the parties who are entitled to benefits or rights under those Sections.
Benefit of Provisions. Each of the restrictions contained in this Agreement relating to the Accounts shall be for the benefit of the Secured Parties. Any such restrictions may accordingly be relaxed or waived, either:-
Benefit of Provisions. The provisions of Paragraphs 9.1, 9.2 and 9.3 are intended for the benefit of, and shall be enforceable by, the parties who are entitled to benefits or rights under those Paragraphs.
Benefit of Provisions. Each Borrower agrees that the provisions of this Section 11.10 are for the benefit of Bank and its successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower and Bank the obligations of such other Borrower under the Loan Documents.
Benefit of Provisions. 11.6 Each party acknowledges and agrees that the other party holds the benefit of clauses 11.1,
Benefit of Provisions. The foregoing provisions of this section 8 are for the benefit of SpireTech and its independent third-party information providers ("Information Providers"), merchants ("Merchants") and licensors ("Licensors"), and each shall have the right to assert and enforce such provisions directly on their own behalf.
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Benefit of Provisions. Each Party acknowledges and agrees that the other Party holds the benefit of clauses 10.1, 10.2 and 10.3 above for itself and as trustee and agent for its officers, employees and agents.
Benefit of Provisions. The provisions of this Section 7.03 are expressly for the benefit of the Covered Parties, shall be enforceable by each of them, and shall survive the Closing. If Buyer or any of its successors or assigns (i) consolidates with or merges into any other person and shall not be the continuing or surviving entity of such consolidation or merger, or (ii) transfers all or substantially all of its properties and assets to any person, then, and in each such case, proper provision shall be made so that the successors and assigns of Buyer assume the obligations of Buyer set forth in this Section 7.03.
Benefit of Provisions. The holders from time to time of Senior Indebtedness are third party beneficiaries and shall be entitled to the benefits of this Article X and, so long as any Senior Indebtedness remains outstanding, this Article X may not be modified, rescinded or canceled in whole or in part without the prior written consent thereto of the requisite holders of Senior Indebtedness.
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