Common use of Third-Party Benefit Clause in Contracts

Third-Party Benefit. Nothing in this Agreement, express or implied, is intended to confer upon any Person not a party to this Agreement any rights, remedies, obligations or liabilities of any nature whatsoever; provided, however, that the Indemnitees shall, as intended third-party beneficiaries thereof, be entitled to the enforcement of Article 8, but only insofar as the obligations sought to be enforced thereunder are those of the Company.

Appears in 5 contracts

Samples: Exclusive License Agreement (Texas Rare Earth Resources Corp.), Limited Liability Company Agreement (Biolife Solutions Inc), Limited Liability Company Agreement (Lorus Therapeutics Inc)

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Third-Party Benefit. Nothing in this Agreement, express or implied, is intended to confer upon any Person not a party to this Agreement any rights, remedies, obligations or liabilities of any nature whatsoever; provided, however, that the Indemnitees shallwill, as intended third-third party beneficiaries thereof, be entitled to the enforcement of Article 8VII, but only insofar as the obligations sought to be enforced thereunder are those of the CompanyDevelopment.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Gevo, Inc.), Limited Liability Company Agreement (Gevo, Inc.)

Third-Party Benefit. Nothing in this Agreement, express or implied, is intended to confer upon any Person not a party to this Agreement any rights, remedies, obligations or liabilities of any nature whatsoever; provided, however, that the Indemnitees shall, as intended third-party beneficiaries thereof, be entitled to the enforcement of Article 8, but only insofar as the obligations sought to be enforced thereunder are those of the Company.Company (Signature Page Follows)

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Kodiak Oil & Gas (USA) Inc.), Limited Liability Company Agreement (Kodiak Oil & Gas (USA) Inc.)

Third-Party Benefit. Nothing in this Agreement, express or implied, is intended to confer upon any other Person not a party to this Agreement any rights, remedies, obligations or liabilities of any nature whatsoever; provided, however, that the Indemnitees shall, as intended third-party beneficiaries thereof, be entitled to the enforcement of Article 8, but only insofar as the obligations sought to be enforced thereunder are those of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mosaic Crop Nutrition, LLC), Limited Liability Company Agreement (Mosaic Crop Nutrition, LLC)

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Third-Party Benefit. Nothing in this Agreement, express or implied, is intended to confer upon any Person not a party to this Agreement any rights, remedies, obligations or liabilities of any nature whatsoever; provided, however, that the Indemnitees shall, as intended third-party beneficiaries thereof, be entitled to the enforcement of Article 87, but only insofar as the obligations sought to be enforced thereunder are those of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Gold Corp)

Third-Party Benefit. Nothing in this Agreement, express or implied, is intended to confer upon any Person not a party to this Agreement any rights, remedies, obligations or liabilities of any nature whatsoever; provided, however, that the Indemnitees shall, as intended third-party beneficiaries thereof, be entitled to the enforcement of Article 8ARTICLE 7, but only insofar as the obligations sought to be enforced thereunder are those of the Company.

Appears in 1 contract

Samples: Operating Agreement (Norhart Invest LLC)

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