Common use of “Third Parties” Defined Clause in Contracts

“Third Parties” Defined. “Third parties” under this Article 23 do not include the Parties, their affiliates, agents, successors or assigns, any operation or maintenance contractor of the Parties, or any entity (a) with an equity or security interest in either Party, or their assets or property, (b) that seeks to claim any rights, power or privileges of one of the Parties, or (c) that seeks to claim as a third party beneficiary of one of the Parties. No portion of the Equipment, the Project or electricity is “property of third parties” for the purposes of this Article 23.

“Third Parties” Defined. “Third parties” under this Article 23 do not include the Parties, their affiliates, agents, successors or assigns, any operation or maintenance contractor of the Parties, or any entity (a) with an equity or security interest in either Partyparty, or their assets or property, (b) that seeks to claim any rights, power or privileges of one of the Parties, or (c) that seeks to claim as a third party beneficiary of one of the Parties. No portion of the Equipment, the Project or electricity is “property of third parties” for the purposes of this Article 23.