Common use of No Third Parties Benefited Clause in Contracts

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers . No trust fund is created by this Agreement and no other Persons or entities will have any right of action under this Agreement or any right against the Lenders to obtain any proceeds of the Loan.

Appears in 5 contracts

Samples: Loan Agreement (Equity One, Inc.), Loan Agreement (Equity One, Inc.), Loan Agreement (Equity One, Inc.)

AutoNDA by SimpleDocs

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Lender and Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 4 contracts

Samples: Loan Agreement (Barnwell Industries Inc), Loan Agreement (Barnwell Industries Inc), Term Loan Agreement (Power One Inc)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Bank and Borrower and their permitted successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 3 contracts

Samples: Construction Loan Agreement (Summit Hotel OP, LP), Construction Loan Agreement (Summit Hotel Properties LLC), Construction Loan Agreement (Newmark Homes Corp)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Parties and Lender. No trust fund is created by this Agreement and no other Persons or entities will have any right of action under this Agreement or any right against the Lenders Lender to obtain any proceeds of the Loan.

Appears in 3 contracts

Samples: Construction Loan Agreement, Construction and Mini Perm Loan Agreement (HMG Courtland Properties Inc), Construction Loan Agreement (CNL Growth Properties, Inc.)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Bank and Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 3 contracts

Samples: Standing Loan Agreement (Super Micro Computer, Inc.), Credit Loan Agreement (Franklin Select Realty Trust), Indemnity Agreement (Prolong International Corp)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, Bank and the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of advances made pursuant to the LoanLoan Documents.

Appears in 2 contracts

Samples: Credit Loan Agreement (Bre Properties Inc /Md/), Credit Loan Agreement (Bre Properties Inc /Md/)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Bank and Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 2 contracts

Samples: Standing Loan Agreement and Swap (Point 360), Loan Agreement (Oakley Inc)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Bank and Borrower and their permitted successors and assigns. No trust fund is created by this Agreement Agreement, and no other Persons persons or entities will have any right of action under this Agreement or any right against the Lenders to obtain any proceeds of the Loanfunds, credit, or financial accommodation under any Credit Facility.

Appears in 2 contracts

Samples: Loan Agreement (Inventure Group, Inc.), Loan Agreement (Poore Brothers Inc)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Lender and Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 2 contracts

Samples: Credit Loan Agreement, Credit Loan Agreement (Limoneira CO)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, Bank and the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 2 contracts

Samples: Credit Loan Agreement (Bre Properties Inc /Md/), Credit Loan Agreement (Bre Properties Inc /Md/)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Lenders and Agent, and, as applicable, the Lead Arrangers . No trust fund is created by this Agreement and no other Persons or entities will have any right of action under this Agreement or any right against the Lenders to obtain any proceeds of the Loan.

Appears in 2 contracts

Samples: Construction and Mini Perm Loan Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Construction Loan Agreement (Investors Real Estate Trust)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Parties and Lender. No trust fund is created by this Agreement and no other Persons or entities will have any right of action under this Agreement or any right against the Lenders Lender to obtain any proceeds of the Loan.

Appears in 2 contracts

Samples: Construction Loan Agreement (Forestar Group Inc.), Term Loan Agreement

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Bank and Borrower and their permitted successors and assigns. No trust fund is created by this Agreement Agreement, and no other Persons persons or entities will have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 2 contracts

Samples: Indemnity Agreement (Go Daddy Group, Inc.), Term Loan Agreement (Inventure Group, Inc.)

No Third Parties Benefited. This Loan Agreement is made and entered into for the sole protection and benefit of the Loan Partiesparties and their permitted successors and assigns, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers . No trust fund is created by this Agreement and no other Persons or entities Person will have any right of action under this Agreement or any right against the Lenders rights to obtain funds at any proceeds of the Loantime.

Appears in 2 contracts

Samples: Loan Agreement (Hpev, Inc.), Loan Agreement (Z3 Enterprises, Inc.)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, Borrower and the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Lender. No trust fund is created by this Agreement and no other Persons or entities will have any right of action under this Agreement or any right against the Lenders Lender to obtain any proceeds of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Corporate Property Associates 17 - Global INC)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan PartiesIssuer in its said capacity, the LendersBondowner Representative, the Administrative AgentBorrower, and, as applicable, the Lead Arrangers and their permitted successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will have any right of action under this Agreement or any right against to the Lenders Loan Proceeds or other Borrower’s Sources. Bondowner Representative will not be obligated to obtain provide any proceeds assurances, commitments, obligations or agreements to or for the benefit of the Loanany person or entity other than Borrower.

Appears in 1 contract

Samples: Loan Agreement

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Borrower and Bank. No trust fund is created by this Agreement and no other Persons persons or entities including, without limitation, any Collateral Borrower will have any right of action under this Agreement or any right against the Lenders Bank to obtain any proceeds of the Bank Loan.

Appears in 1 contract

Samples: Loan Agreement (DVL Inc /De/)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Lender and Borrower. No trust fund is created by this Agreement and no other Persons persons or entities will have any right of action under this Agreement or any right against the Lenders Lender to obtain any proceeds of the LoanLoan proceeds.

Appears in 1 contract

Samples: Construction Loan Agreement (Mark Centers Trust)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan PartiesBorrower, Agent, the Lenders, Banks and the Administrative Agent, and, as applicable, the Lead Arrangers Designated Bid Lenders and their respective successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will (other than Indemnified Persons) shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of advances made pursuant to the LoanLoan Documents.

Appears in 1 contract

Samples: Credit Loan Agreement (Bre Properties Inc /Md/)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Lender and Borrower and their permitted successors and assigns. No trust fund is created by this Agreement Agreement, and no other Persons persons or entities will have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 1 contract

Samples: Loan and Security Agreement (Quest Software Inc)

AutoNDA by SimpleDocs

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Borrower and Bank. No trust fund is created by this Agreement and no other Persons persons or entities including, without limitation, any Collateral Borrower will have any right of action under this Agreement or any right against the Lenders Bank to obtain any proceeds of the Loan.

Appears in 1 contract

Samples: Loan Agreement (DVL Inc /De/)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, Bank and the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Borrower and their permitted successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 1 contract

Samples: Loan Agreement (Newmark Homes Corp)

No Third Parties Benefited. This Loan Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Bank and Borrower and their successors and assigns. No trust fund is created by this Loan Agreement and no other Persons persons or entities will shall have any right of action under this Loan Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 1 contract

Samples: Standing Loan Agreement (Historic Preservation Properties 1989 Limited Partnership)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Lender and Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will have any right of action under this Agreement or any right against the Lenders to obtain any proceeds of the Loan.Agreement

Appears in 1 contract

Samples: Construction Loan Agreement (Dupont Fabros Technology, Inc.)

No Third Parties Benefited. This Loan Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Lender and Borrower and their successors and assigns. No trust fund is created by this Loan Agreement and no other Persons persons or entities will shall have any right of action under this Loan Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan proceeds.

Appears in 1 contract

Samples: Credit Loan Agreement (ASPA Gold Corp)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan PartiesGovernmental Lender, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Baypoint and Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanBorrower Loan funds.

Appears in 1 contract

Samples: Borrower Loan Agreement

No Third Parties Benefited. This Agreement is made and entered into for the -------------------------- sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Bank and Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 1 contract

Samples: E Tek Dynamics Inc

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan PartiesBorrower, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Banks and the Designated Bid Lenders and their respective successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will (other than Indemnified Persons) shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of advances made pursuant to the LoanLoan Documents.

Appears in 1 contract

Samples: Credit Loan Agreement (Bre Properties Inc /Md/)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan PartiesIssuer, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Bondholder and Xxxxxxxx and their permitted successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 1 contract

Samples: Loan Agreement

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers Bank and Borrower and their successors and assigns. No trust fund is created by this Agreement and no 17 other Persons persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 1 contract

Samples: Standing Loan Agreement (Williams Sonoma Inc)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan Parties, the Lenders, the Administrative Agent, and, as applicable, the Lead Arrangers CCRC and Borrower and their successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of the LoanLoan funds.

Appears in 1 contract

Samples: Supplemental Agreement

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan PartiesBorrower, the Lenders, the Administrative Agent, and, as applicable, and the Lead Arrangers Banks and their respective successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will (other than Indemnified Persons) shall have any right of action under this Agreement or any right against to the Lenders to obtain any proceeds of advances made pursuant to the LoanLoan Documents.

Appears in 1 contract

Samples: Credit Loan Agreement (Bre Properties Inc /Md/)

No Third Parties Benefited. This Agreement is made and entered into for the sole protection and benefit of the Loan PartiesIssuer in its said capacity, the LendersBondowner Representative, the Administrative AgentXxxxxxxx, and, as applicable, the Lead Arrangers and their permitted successors and assigns. No trust fund is created by this Agreement and no other Persons persons or entities will have any right of action under this Agreement or any right against to the Lenders Loan Proceeds or other Borrower’s Sources. Bondowner Representative will not be obligated to obtain provide any proceeds assurances, commitments, obligations or agreements to or for the benefit of the Loanany person or entity other than Borrower.

Appears in 1 contract

Samples: Loan Agreement

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