SOLE BENEFICIARY. This Agreement is made for the sole benefit of the parties hereto and nothing in this Agreement shall be construed to give any rights or benefits to anyone other than the Commission and the City.
SOLE BENEFICIARY. This Agreement is made for the sole benefit of the parties hereto and nothing in this Agreement shall be construed to give any rights or benefits to anyone other than the Sponsor and the Consultant.
SOLE BENEFICIARY. The Borrower is the sole beneficiary of each Negotiable Instruments and such Negotiable Instruments can be freely discounted/assigned by the Borrower, no consent or formalities from the issuer or drawee being required in this respect.
SOLE BENEFICIARY. The provisions of this Section 3.05 are solely for the benefit of RemainCo, and no provision of this Agreement shall include any third party beneficiary or other rights in any Person or Persons other than RemainCo.
SOLE BENEFICIARY. The provisions of this Section 3.06 are solely for the benefit of SpinCo, and no provision of this Agreement shall create any third party beneficiary or other rights in any Person or Persons other than SpinCo.
SOLE BENEFICIARY. Each party acknowledges that the Services shall be provided only with respect to its (and its Subsidiaries') business as currently operated or as mutually agreed by the parties hereto. A party shall not request performance of any Service for the benefit of any entity other than itself and its Subsidiaries. Each party represents and agrees that it will use the Services only in accordance with all applicable federal, state and local laws and regulations, and in accordance with the reasonable conditions, rules, regulations and specifications which may be set forth in any manuals, materials, documents and instructions furnished from time to time by a Service Provider to a Service Recipient. Each party reserves the right to take all actions, including termination of any particular Service, that it reasonably believes to be necessary to assure compliance with applicable laws and regulations. A Service Provider will notify a Service Recipient of the reasons for any such termination of Services.
SOLE BENEFICIARY. Zenith's quota share reinsurance of 100% of the Insurance Liabilities of the Company with respect to any of the Quota Share Policies is intended for the sole benefit of the parties to this Agreement and shall not create any right on the part of any Policyholder, insured, claimant or beneficiary under such Quota Share Policies against Zenith or any legal relation between such Policyholders, insureds, claimants or beneficiaries and Zenith.
SOLE BENEFICIARY. Contractor represents and warrants that no other person or entity has any right to share or participate in any of the compensation to be paid (or otherwise) to Contractor hereunder or pursuant to the terms of the Value Sharing Agreement.
SOLE BENEFICIARY. TPG's commitment hereunder is provided for your sole benefit and shall not benefit, be disclosed to, or be assigned to, any other party without our written consent, except that the terms of this letter may be disclosed (i) to your accountants, attorneys, investment banks and other advisors or (ii) as required by law or legal process.
SOLE BENEFICIARY. Participant represents and warrants that no other person or entity has any right to share or participate in any of the Incremental Value (or otherwise) to be paid to Particiapnt hereunder or pursuant to the terms of the Services Agreement.
