Common use of Parties in Interest; No Third Party Beneficiaries Clause in Contracts

Parties in Interest; No Third Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the Parties hereto and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than Purchaser, Seller or their successors or permitted assigns, any rights or remedies under or by reason of this Agreement. Notwithstanding the foregoing, it is agreed and understood that Purchaser is a third party beneficiary of the transactions contemplated by the Restructuring.

Appears in 2 contracts

Samples: Purchase Agreement (Scansoft Inc), Plan of Distribution Agreement (Scansoft Inc)

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Parties in Interest; No Third Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the Parties parties hereto and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than Purchaser, Seller or AYE and ECA and their successors or permitted assigns, assigns any rights or remedies under or by reason of this Agreement. Notwithstanding the foregoing, it is agreed and understood that Purchaser is a third party beneficiary of the transactions contemplated by the Restructuring.

Appears in 2 contracts

Samples: Participation Agreement (Allegheny Energy Inc), Participation Agreement (Energy Corp of America)

Parties in Interest; No Third Party Beneficiaries. This Agreement shall inure inures to the benefit of and will be binding upon the Parties parties hereto and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than PurchaserBuyer, Seller Seller, or their successors or respective permitted assigns, any rights or remedies under or by reason of this Agreement. Notwithstanding the foregoing, it is agreed and understood that Purchaser is a third party beneficiary of the transactions contemplated by the Restructuring.

Appears in 1 contract

Samples: Purchase Agreement (Cole National Corp /De/)

Parties in Interest; No Third Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the Parties parties hereto and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than PurchaserSeller, Seller Spie Enertrans, Buyer, LKC or their successors or permitted assigns, assigns any rights or remedies under or by reason of this Agreement. Notwithstanding the foregoing, it is agreed and understood that Purchaser is a third party beneficiary of the transactions contemplated by the Restructuring.

Appears in 1 contract

Samples: 31 Stock Purchase Agreement (Railworks Corp)

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Parties in Interest; No Third Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the Parties parties hereto and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than Parent, International, Purchaser, Seller or Lyonnaise and their successors or permitted assigns, any rights or remedies under or by reason of this Agreement. Notwithstanding the foregoing, it is agreed and understood that Purchaser is a third party beneficiary of the transactions contemplated by the Restructuring.

Appears in 1 contract

Samples: Stock Purchase Agreement (Browning Ferris Industries Inc)

Parties in Interest; No Third Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the Parties parties hereto and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than PurchaserSpie Enertrans, Seller Comsxxxx, XXC, LKC Acquisition or their successors or permitted assigns, assigns any rights or remedies under or by reason of this Agreement. Notwithstanding the foregoing, it is agreed and understood that Purchaser is a third party beneficiary of the transactions contemplated by the Restructuring.

Appears in 1 contract

Samples: Indemnity and Cooperation Agreement (Railworks Corp)

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