Common use of ASSIGNMENT AND THIRD PARTIES Clause in Contracts

ASSIGNMENT AND THIRD PARTIES. 16.1 The Company may not, without the prior written consent of Dowgate, assign, transfer, charge, hold on trust or deal in any other manner with all or any of its rights under this Agreement nor sub- contract or delegate in any other manner the performance of all or any of its obligations under this Agreement. 16.2 Save as expressly provided in Clause 16.3, a person who is not a party to this Agreement has no right under the Third Parties Act to enforce or avail himself of any term of this Agreement. 16.3 Each Indemnified Person (other than Dowgate) may avail itself of and enforce the rights conferred on it under Clause 9 (Indemnities), Clause 10 (Warranties and Indemnities: General Provisions) and Clause 14 (Withholding and grossing-up) under the Third Parties Act, provided that Dowgate (without obligation) shall have the sole conduct of any relevant legal action on behalf of the relevant Indemnified Person and shall be entitled in its own discretion to waive any entitlement under this Agreement (or otherwise make settlements with respect to this Agreement) to such extent as it may think fit having regard to its own and any other interest it may determine. Dowgate will have no responsibility to any third party under or as a result of this Agreement. 16.4 The parties may by agreement rescind, terminate or vary this Agreement without the consent of any other person.

Appears in 2 contracts

Samples: Open Offer and Placing Agreement, Placing Agreement

AutoNDA by SimpleDocs

ASSIGNMENT AND THIRD PARTIES. 16.1 18.1 The Company may not, without the prior written consent of Dowgateeach of the Joint Bookrunners, assign, transfer, charge, hold on trust or deal in any other manner with all or any of its rights under this Agreement nor sub- sub-contract or delegate in any other manner the performance of all or any of its obligations under this Agreement. 16.2 18.2 Save as expressly provided in Clause 16.318.3, a person who is not a party to this Agreement has no right under the Third Parties Act to enforce or avail himself of any term of this Agreement. 16.3 18.3 Each Indemnified Person (other than Dowgateeach of the Joint Bookrunners) may avail itself of and enforce the rights conferred on it under Clause 9 11 (Indemnities), Clause 10 (Warranties and Indemnities: General Provisions) and Clause 14 16 (Withholding and grossing-grossing- up) under the Third Parties Act, provided that Dowgate each of the Joint Bookrunners (without obligation) shall have the sole conduct of any relevant legal action on behalf of the relevant Indemnified Person third party and shall be entitled in its own discretion to waive any entitlement under this Agreement (or otherwise make settlements with respect to this Agreement) to such extent as it may think fit having regard to its own and any other interest it may determine. Dowgate Each of the Joint Bookrunners will have no responsibility to any third party under or as a result of this Agreement. 16.4 18.4 The parties may by agreement rescind, terminate rescind or vary this Agreement without the consent of any other person.

Appears in 1 contract

Samples: Placing Agreement (Caledonia Mining Corp PLC)

ASSIGNMENT AND THIRD PARTIES. 16.1 18.1 The Company may not, without the prior written consent of Dowgate, assign, transfer, charge, hold on trust or deal in any other manner with all or any of its rights under this Agreement agreement nor sub- contract or delegate in any other manner the performance of all or any of its obligations under this Agreementagreement. 16.2 18.2 Save as expressly provided in Clause 16.318.3, a person who is not a party to this Agreement agreement has no right under the Third Parties Act to enforce or avail himself of any term of this Agreementagreement. 16.3 18.3 Each Indemnified Person (other than Dowgate) may avail itself of and enforce the rights conferred on it under Clause 9 11 (Indemnities), Clause 10 12 (Warranties and Indemnities: General Provisions) and Clause 14 16 (Withholding and grossing-up) under the Third Parties Act, provided that Dowgate (without obligation) shall have the sole conduct of any relevant legal action on behalf of the relevant Indemnified Person and shall be entitled in its own discretion to waive any entitlement under this Agreement agreement (or otherwise make settlements with respect to this Agreementagreement) to such extent as it may think fit having regard to its own and any other interest it may determine. Dowgate will have no responsibility to any third party under or as a result of this Agreementagreement. 16.4 18.4 The parties may by agreement rescind, terminate or vary this Agreement agreement without the consent of any other person.

Appears in 1 contract

Samples: Placing Agreement

ASSIGNMENT AND THIRD PARTIES. 16.1 The Company may not, without the prior written consent of Dowgateeach of the Banks, assign, transfer, charge, hold on trust or deal in any other manner with all or any of its rights under this Agreement nor sub- sub-contract or delegate in any other manner the performance of all or any of its obligations under this Agreement. 16.2 Save as expressly provided in Clause 16.3, a person who is not a party to this Agreement has no right under the Third Parties Act to enforce or avail himself of any term of this Agreement. 16.3 Each Indemnified Person (other than Dowgateeach of the Banks) may avail itself of and enforce the rights conferred on it under Clause 9 (Indemnities)) and Clause 14 (Withholding and grossing-up) under the Third Parties Act, and each Placee may enforce the rights conferred on it under Clause 10 8 (Warranties and Indemnities: General Provisionsundertakings) and Clause 14 (Withholding and grossing-up) under the Third Parties Act, provided that Dowgate each of the Banks (without obligation) shall have the sole conduct of any relevant legal action on behalf of the relevant Indemnified Person third party and shall be entitled in its own discretion to waive any entitlement under this Agreement (or otherwise make settlements with respect to this Agreement) to such extent as it may think fit having regard to its own and any other interest it may determine. Dowgate each of the Banks will have no responsibility to any third party under or as a result of this Agreement. 16.4 The parties may by agreement rescind, terminate rescind or vary this Agreement without the consent of any other person.

Appears in 1 contract

Samples: Placing Agreement

AutoNDA by SimpleDocs

ASSIGNMENT AND THIRD PARTIES. 16.1 15.1 The Company may not, without the prior written consent of DowgateArden, assign, transfer, charge, hold on trust or deal in any other manner with all or any of its rights under this Agreement nor sub- contract or delegate in any other manner the performance of all or any of its obligations under this Agreement. 16.2 15.2 Save as expressly provided in Clause 16.315.3, a person who is not a party to this Agreement has no right under the Third Parties Act to enforce or avail himself of any term of this Agreement. 16.3 15.3 Each Indemnified Person (other than DowgateArden) may avail itself of and enforce the rights conferred on it under Clause 9 8 (Indemnities), Clause 10 (Warranties and Indemnities: General Provisions) and Clause 14 13 (Withholding and grossing-up) under the Third Parties Act, provided that Dowgate Arden (without obligation) shall have the sole conduct of any relevant legal action on behalf of the relevant Indemnified Person third party and shall be entitled in its own discretion to waive any entitlement under this Agreement (or otherwise make settlements with respect to this Agreement) to such extent as it may think fit having regard to its own and any other interest it may determine. Dowgate Arden will have no responsibility to any third party under or as a result of this Agreement. 16.4 15.4 The parties may by agreement rescind, terminate rescind or vary this Agreement without the consent of any other person.

Appears in 1 contract

Samples: Admission Agreement

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