No Benefit to Third Parties. The terms and provisions of this Agreement shall be for the sole benefit of the Creditors and their respective successors and assigns, and no other Person shall have any right, benefit, priority or interest under or because of this Agreement.
Appears in 7 contracts
Samples: Intercreditor Agreement (InterMetro Communications, Inc.), Loan and Security Agreement (Emagin Corp), Loan and Security Agreement (Emagin Corp)
No Benefit to Third Parties. The terms and provisions of this Agreement shall be for the sole benefit of the Creditors Lenders and their respective successors and assigns, and no other Person (including Borrower) shall have any right, benefit, priority priority, or interest under under, or because of this Agreement.
Appears in 3 contracts
Samples: Intercreditor Agreement (Venture Lending & Leasing V, Inc.), Intercreditor Agreement (Corsair Communications Inc), Loan and Security Agreement (Corsair Communications Inc)
No Benefit to Third Parties. The terms and provisions of this Agreement shall be for the sole benefit of the Creditors Parties to this Agreement and their respective successors and assigns, and no other Person person or entity shall have any right, benefit, priority priority, or interest under or because of this Agreement.
Appears in 3 contracts
Samples: Collateral Agent Agreement (Vault Holding 1, LLC), Collateral Agent Agreement (Vault Holding 1, LLC), Collateral Agent Agreement (iCap Vault 1, LLC)
No Benefit to Third Parties. The terms and provisions of this Agreement shall are not intended to be for the sole benefit of any creditor or other person (other than a Member in its capacity as a Member) to whom any debts, liabilities or obligations are owed by (or who otherwise has any claim against) the Creditors and their respective successors and assigns, Company or any of the Members; and no such creditor or other Person person shall have obtain any rightright under any such provision against the Company or any of the Members by reason of any debt, benefit, priority liability or interest under obligation (or because of this Agreementotherwise).
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
No Benefit to Third Parties. The terms and provisions of this Agreement shall be for the sole benefit of the Creditors parties hereto and their respective successors and assigns, and ; no other Person person, firm, entity or corporation shall have any right, benefit, priority or interest under or because of this Agreement.
Appears in 2 contracts
Samples: Acknowledgment and Agreement (Arbinet Thexchange Inc), Acknowledgment and Agreement (Arbinet Thexchange Inc)
No Benefit to Third Parties. The terms and provisions of this Agreement shall be for the sole benefit of the Creditors Lenders, and their respective successors and assigns, and no other Person person or entity (including Borrowers) shall have any right, benefit, priority priority, or interest under under, or because of this Agreement. 11.
Appears in 1 contract
Samples: Intercreditor Agreement
No Benefit to Third Parties. The terms and provisions of this Agreement shall be for the sole benefit of the Creditors Creditors, and their respective successors and assigns, and no other Person person or entity (including the Obligors) shall have any right, benefit, priority priority, or interest under under, or because of this Agreement.
Appears in 1 contract
No Benefit to Third Parties. The terms and provisions of this Agreement shall be for the sole benefit of Senior Creditor and the Creditors Subordinate Creditor and their respective successors and permitted assigns, and no other Person person, firm, entity, or corporation (including Company) shall have any right, benefit, priority priority, or interest under under, or because of this Agreement.
Appears in 1 contract
No Benefit to Third Parties. The terms and provisions of this Agreement shall be for the sole benefit of the Creditors Lenders, and their respective successors and assigns, and no other Person person or entity (including any Loan Party) shall have any right, benefit, priority priority, or interest under under, or because of this Agreement.
Appears in 1 contract
No Benefit to Third Parties. The terms and provisions of this Agreement shall be for the sole benefit of the Creditors Lenders, and their respective successors and assigns, and no other Person person or entity (including Borrowers) shall have any right, benefit, priority priority, or interest under under, or because of this Agreement.
Appears in 1 contract
No Benefit to Third Parties. The terms and provisions of this Agreement are and at all times shall be deemed to be for the sole exclusive benefit of the Creditors Owner and Manager and their respective successors and assigns, and no . Nothing set forth in this Agreement shall be deemed to be for the benefit of any other Person shall have any right, benefit, priority or interest under or because of this AgreementPerson.
Appears in 1 contract
