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

Parties in Interest; No Third Party Beneficiaries. Except as otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective heirs, legal representatives, successors and assigns of the parties hereto. APP acknowledges and agrees that the rights and remedies of the Company under this Agreement will be directly available to the Stockholders as third party beneficiaries of the rights and remedies of the Company under this Agreement, including, without limitation, the rights and remedies under Article 14 hereof to indemnification from APP against Damages incurred by the Stockholders resulting from a breach by APP of any representation, warranty or covenant of APP contained herein. Except as provided in the preceding sentence or as otherwise provided herein, neither this Agreement nor any other agreement contemplated hereby shall be deemed to confer upon any person not a party hereto or thereto any rights or remedies hereunder or thereunder.

Appears in 10 contracts

Samples: Agreement and Plan of Reorganization and Merger (American Physician Partners Inc), Agreement and Plan of Reorganization and Merger (American Physician Partners Inc), Agreement and Plan of Reorganization and Merger (American Physician Partners Inc)

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Parties in Interest; No Third Party Beneficiaries. Except as otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective heirs, legal representatives, successors and assigns of the parties hereto. APP acknowledges and agrees APP Sub acknowledge and agree that the rights and remedies of the Company under this Agreement will be directly available to the Stockholders as third party beneficiaries of the rights and remedies of the Company under this Agreement, including, without limitation, the rights and remedies under Article 14 hereof to indemnification from APP and APP Sub against Damages incurred by the Stockholders resulting from a breach by APP or APP Sub of any representation, warranty or covenant of APP or APP Sub contained herein. Except as provided in the preceding sentence or as otherwise provided herein, neither this Agreement nor any other agreement contemplated hereby shall be deemed to confer upon any person not a party hereto or thereto any rights or remedies hereunder or thereunder.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization and Merger (American Physician Partners Inc), Agreement and Plan of Reorganization and Merger (American Physician Partners Inc)

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Parties in Interest; No Third Party Beneficiaries. Except as otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective heirs, legal representatives, successors and assigns of the parties hereto. APP acknowledges and agrees APP Sub acknowledge and agree that the rights and remedies of the each Company under this Agreement will be directly available to the Stockholders as third party beneficiaries of the rights and remedies of the each Company under this Agreement, including, without limitation, the rights and remedies under Article 14 hereof to indemnification from APP and APP Sub against Damages incurred by the Stockholders resulting from a breach by APP or APP Sub of any representation, warranty or covenant of APP or APP Sub contained herein. Except as provided in the preceding sentence or as otherwise provided herein, neither this Agreement nor any other agreement contemplated hereby shall be deemed to confer upon any person not a party hereto or thereto any rights or remedies hereunder or thereunder.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Merger (American Physician Partners Inc)

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