Benefited Parties Sample Clauses

Benefited Parties. This Guaranty Agreement is entered into by each Guarantor to provide financial accommodations for Obligor, and for the benefit of Administrative Agent, Lenders, and Secured Parties. This Guaranty Agreement shall not be deemed to create any right in, or to be in whole or in part for the benefit of, any Person other than Guarantor and Administrative Agent, Lenders, and Secured Parties and Administrative Agent’s, Lenders’, and Secured Parties’ respective successors and assigns. No Guarantor may assign any of its rights or obligations hereunder.
Benefited Parties. All Local UN Agencies are entitled to use this contract within the same prices and conditions.
Benefited Parties. Those parties comprising Debtor Lender Releasees, Lender Releasees, Debtor Releasees and Peregrine Releasees who are not signatories to this Release Agreement are intended third party beneficiaries of this Release Agreement and the Releases provided for herein.
Benefited Parties. Service Provider understands and agrees that GPC is entering into this Agreement not only for its own benefit but also and equally for the direct benefit of Owners. By agreement, SNC has the right and obligation to construct, operate and maintain generating plants, which are owned jointly by GPC and the other Owners, and SNC has the right to enter into agreements for exercising said rights and performing said obligations. As their interests appear, it is further agreed that each and every right, benefit and remedy accruing to GPC likewise accrues to the Owners including but not limited to the right to enforce this Agreement in their own name or names. For the avoidance of doubt, each of Owners and SNC are Owner Persons Indemnified under this Agreement. Notwithstanding the foregoing, as between GPC, Owners, and Service Provider, GPC shall remit (on behalf of Owners) all payments to Service Provider hereunder, and Service Provider shall submit all invoices to GPC for payment. Owners represent that Owners are the sole present owners (subject to mortgage indentures) of the Facility to which the Services relate and that GPC is authorized to bind, and does bind, all present Owners to the limitations of liability set forth in this Agreement. In the event that any other entity obtains any ownership interest in a facility for which Services are performed, then Owners agree to bind such entity to such limitations of liability.
Benefited Parties. Each party is entering into this Agreement not only for its own benefit but also and equally for the direct benefit of its subsidiaries and affiliates, present and future. All promises, covenants and warranties of one party shall extend to and benefit the other party’s subsidiaries and affiliates. All rights accruing to a party shall likewise accrue to its subsidiaries and affiliates including, without limitation, indemnities and the right to enforce this Agreement; provided, nothing herein shall be construed as making any party’s subsidiary or affiliate liable for any obligation of a party under this Agreement including, without limitation, payment obligations.
Benefited Parties. Except as otherwise provided in this Agreement, this Agreement shall inure to the benefit of and be binding upon the parties and their respective successors or permitted assigns. Nothing in this Agreement, express or implied, shall confer on any person other than the parties and their respective successors or permitted assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement.
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Benefited Parties. This Guaranty is entered into by the ----------------- Guarantor for the benefit of the Beneficiaries in accordance with the provisions of this Guaranty and the Operative Documents. This Guaranty shall not be deemed to create any right in, or to be in whole or in part for the benefit of, any person other than the Beneficiaries and the Guarantor and their respective permitted successors and assigns. The Guarantor may not assign any of its rights or obligations hereunder except in accordance with Section 4.1 hereof.
Benefited Parties. 24 ARTICLE 4 DISTRIBUTIONS........................................................... 24
Benefited Parties. The foregoing Capital Contribution ----------------- commitments of the Class A Members are solely for the benefit of the Members, as among themselves, and may not be enforced by any creditor, receiver, or trustee of the Company or by any other person.
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