Sole Party in Interest Sample Clauses
The Sole Party in Interest clause establishes that only the parties explicitly named in the agreement have rights, obligations, or interests under the contract. In practice, this means that third parties, such as affiliates, employees, or unrelated entities, cannot claim benefits or enforce provisions of the agreement. This clause serves to prevent unintended third-party claims and ensures that only the signatories are bound by and can act upon the contract's terms, thereby maintaining clarity and limiting potential disputes over contractual rights.
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Sole Party in Interest. The Purchaser represents and warrants that it is the sole and true party in interest with respect to the Shares being issued to it.
Sole Party in Interest. Purchaser represents that it is the sole and true party in interest, and no other person or entity has or will have upon the issuance of the Shares any beneficial ownership interest in the Shares or any portion of the Shares, whether direct or indirect.
Sole Party in Interest. The undersigned represents that it is the sole and true party in interest with respect to that portion of the Shares to be acquired by it, and no other person has or will have upon the issuance of the Shares any beneficial ownership interest in the Shares or any portion of the Shares, whether direct or indirect.
Sole Party in Interest. Each Shareholder represents that he/it are the sole and true party in interest, and no other person or entity has or will have upon the issuance of the Securities beneficial ownership interest in the Securities or any portion thereof, whether direct or indirect (excluding any contractual right to payments based on the value of such Securities).
Sole Party in Interest. Except as otherwise indicated, it is the sole party in interest in making the Investment, and is making the New Allsup Loan and acquiring the Subject Shares solely for investment for its own account or as indicated and have no present agreement, understanding or arrangement to subdivide, sell, assign, or transfer any part or all of the New Allsup Loan, the Subject Shares or the Allsup Warrants to any other person.
Sole Party in Interest. It is the sole and true party in interest with respect to the Shares being issued to it, and no other person or entity has or will have upon such issuance beneficial ownership (within the meaning of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) in such Shares or any portion thereof.
Sole Party in Interest. Grantee is the sole party in interest with ---------------------- respect to the grant of the Option and issuance of the underlying shares of Common Stock and has sufficient knowledge and experience in financial and business matters to enable him to evaluate the merits and risks of this investment.
Sole Party in Interest. INTEGRITAS represents that it is the sole and true party in interest, and no other person or entity has or will have upon the issuance of the Shares any beneficial ownership interest in the Shares or any portion of the Shares, whether direct or indirect.
Sole Party in Interest. EVL represents that it is the sole and true party in interest, and no other person or entity has or will have upon the issuance of the Shares beneficial ownership interest in the Shares or any portion thereof, whether direct or indirect (excluding any contractual right to payments based on the value of such Shares), other than the equity holders or beneficiaries of EVL or as set forth on EVL's or such equity holders' or beneficiaries' Reports on Schedule 13D or Forms 4 with respect to the Shares.
Sole Party in Interest. The Purchaser is the sole party in interest agreeing to purchase the Shares subscribed for herein, and is not acquiring said Shares with a view to their resale or distribution.