Common use of Benefits of Agreement; No Third-Party Rights Clause in Contracts

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any party other than Owner, Operator or any of either of their respective Affiliates. Except as expressly provided for herein, nothing in this Agreement shall be deemed to create any right by any party other than Owner, Operator and any of either of their respective Affiliates and this instrument shall not be construed in any respect to be a contract in whole or in part for the benefit of any third party nor is this instrument intended to create an interest in, or lien upon, the Premises.

Appears in 2 contracts

Samples: Management Agreement (Felcor Lodging Trust Inc), Lease Agreement (Itt Corp /Nv/)

AutoNDA by SimpleDocs

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any party other than Owner, Operator creditor of the Partnership or any Subsidiary, or by any creditor of either of their respective any Partner or its Affiliates. Except as expressly provided for herein, nothing Nothing in this Agreement shall be deemed to create any right by in any party Person (other than OwnerIndemnified Parties) not a party hereto, Operator and any of either of their respective Affiliates and this instrument Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third party nor is this instrument intended to create an interest in, or lien upon, the PremisesPerson (other than Indemnified Parties).

Appears in 2 contracts

Samples: Limited Partnership Agreement (Mack Cali Realty L P), Limited Partnership Agreement (Mack Cali Realty L P)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any party other than Owner, Operator or any of either of their respective Affiliates. Except as expressly provided for herein, nothing in this Agreement shall be deemed to create any right by any party other than Owner, Operator and any of either of their respective Affiliates and this instrument shall not be construed in any respect to be a contract in 101 39 whole or in part for the benefit of any third party nor is this instrument intended to create an interest in, or lien upon, the Premises.

Appears in 1 contract

Samples: Lease Agreement (Felcor Suite Hotels Inc)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any party other than Ownercreditor of the Operating Company or by any creditor of any Member or a Special Member, Operator or any of either of their respective Affiliates. Except as expressly provided for herein, and nothing in this Agreement shall be deemed to create any right by in any party Person (other than Ownerthe Manager with respect to indemnity under Section 4.9) not a party hereto, Operator and any of either of their respective Affiliates and this instrument Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third party nor is Person, except as provided in this instrument intended to create an interest in, or lien upon, the PremisesSection 9.12.

Appears in 1 contract

Samples: Operating Agreement (GK Investment Property Holdings II LLC)

AutoNDA by SimpleDocs

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any party other than Owner, Operator creditor of the Company or by any creditor of either of their respective Affiliatesany Member or a Special Member. Except as expressly provided for herein, nothing Nothing in this Agreement shall be deemed to create any right by in any party Person (other than Owneran Indemnified Party) not a party hereto, Operator and any of either of their respective Affiliates and this instrument Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third party nor is this instrument intended to create Person (other than an interest in, or lien upon, the Premises.Indemnified Party). [Signature Follows]

Appears in 1 contract

Samples: Limited Liability Company Agreement (Synchrony Card Issuance Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.