Common use of Agreement Not for the Benefit of Other Parties Clause in Contracts

Agreement Not for the Benefit of Other Parties. This Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the Company, the Authority, the Trustee and the Bondowners.

Appears in 3 contracts

Samples: Loan and Trust Agreement (Teco Energy Inc), Series E Loan and Trust Agreement (North Atlantic Energy Corp /Nh), Series D Loan and Trust Agreement (North Atlantic Energy Corp /Nh)

AutoNDA by SimpleDocs

Agreement Not for the Benefit of Other Parties. This Except as otherwise expressly provided herein, this Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the Company, the Authority, the Trustee and the Bondowners.

Appears in 2 contracts

Samples: Loan and Trust Agreement (Tampa Electric Co), Loan and Trust Agreement (Teco Energy Inc)

Agreement Not for the Benefit of Other Parties. This Assumption Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the Authority, the Company, the AuthoritySeabrook Transferee, the Trustee and the Bondowners.

Appears in 2 contracts

Samples: Series E Loan and Trust Agreement (North Atlantic Energy Corp /Nh), Series D Loan and Trust Agreement (North Atlantic Energy Corp /Nh)

Agreement Not for the Benefit of Other Parties. This Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the Authority, the Company, the AuthorityTrustee, the Trustee Bondowners, the Bond Insurer and the Bondownersrespective directors, members, officers, employees and agents of the Authority and the Trustee to the extent 97 specified in Sections 902 and 1002.

Appears in 2 contracts

Samples: Loan and Trust Agreement (Northeast Utilities System), Loan and Trust Agreement (Northeast Utilities System)

Agreement Not for the Benefit of Other Parties. This Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the Authority, the Company, the AuthorityTrustee, the Trustee Bond Insurer, the Bondowners and the Bondownersrespective directors, members, officers, employees and agents of the Authority and the Trustee to the extent specified in Sections 702 and 802.

Appears in 1 contract

Samples: Loan and Trust Agreement (Northeast Utilities System)

Agreement Not for the Benefit of Other Parties. This Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the CompanyBorrower, the AuthorityGuarantor, the Issuer, the Trustee and the Bondowners. 1105.

Appears in 1 contract

Samples: Loan and Trust Agreement (National Grid PLC)

Agreement Not for the Benefit of Other Parties. This Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the CompanyAgency, the AuthorityBorrower, the Trustee and the Bondowners. Section 1005.

Appears in 1 contract

Samples: Loan and Trust Agreement (National Grid Transco PLC)

Agreement Not for the Benefit of Other Parties. Except as ------------ ---------------------------------------------- explicitly provided herein, This Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the CompanyBorrower, the AuthorityIssuer, the Trustee Trustee, the Bank and the Bondowners.

Appears in 1 contract

Samples: Loan and Trust Agreement (Afc Cable Systems Inc)

AutoNDA by SimpleDocs

Agreement Not for the Benefit of Other Parties. This Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the Company, the Authority, the Trustee Borrower, the Trustee, the Paying Agent, the Escrow Agent, the Bond Insurer and the Bondowners.

Appears in 1 contract

Samples: Master Loan and Trust Agreement (Pennichuck Corp)

Agreement Not for the Benefit of Other Parties. This Except as expressly provided herein, this Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the CompanyBorrower, the AuthorityIssuer, the Trustee Trustee, the Remarketing Agent, the Bank and the Bondowners.

Appears in 1 contract

Samples: Loan and Trust Agreement (Datum Inc)

Agreement Not for the Benefit of Other Parties. This Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the CompanyBorrower, the AuthorityIssuer, the Trustee and the Bondowners. 1105.

Appears in 1 contract

Samples: Loan and Trust Agreement (National Grid PLC)

Agreement Not for the Benefit of Other Parties. This Agreement is not intended for the benefit of and shall not be construed to create rights in parties other than the CompanyBorrower, the AuthorityIssuer, the Trustee and the Bondowners.

Appears in 1 contract

Samples: Loan and Trust Agreement (Central Vermont Public Service Corp)

Agreement Not for the Benefit of Other Parties. This Agreement is not intended for the benefit of of, and shall not be construed to create rights in in, parties other than the CompanyBorrower, the AuthorityAgency, the Trustee Disbursing Agent and the BondownersBondowner.

Appears in 1 contract

Samples: Mortgage, Loan and Security Agreement (Techprecision Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!