Benefit of Provisions Sample Clauses

Benefit of Provisions. The provisions of Section 10.1 are intended to be for the benefit of, and will be enforceable by, the respective current and former directors and officers of the Company or its subsidiaries to which they relate and their heirs and representatives (all of whom will, for the avoidance of doubt, be express third party beneficiaries of this Article 10).
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Benefit of Provisions. The provisions of Sections 9.2 and 9.3 are intended for the benefit of, and will be enforceable by, the parties who are entitled to benefits or rights under those Sections.
Benefit of Provisions. The provisions of Paragraphs 9.1, 9.2 and 9.3 are intended for the benefit of, and shall be enforceable by, the parties who are entitled to benefits or rights under those Paragraphs.
Benefit of Provisions. Each of the restrictions contained in this Agreement relating to the Accounts shall be for the benefit of the Secured Parties. Any such restrictions may accordingly be relaxed or waived, either:- (A) by the Lenders’ Agent, or (B) if the Successful Bidder requests and the Lenders’ Agent agrees, provided that the Lenders’ Agent shall not be obliged to agree to such request, and none of the restrictions shall limit the rights of the Secured Parties under the Financing Documents.
Benefit of Provisions. Each Borrower agrees that the provisions of this Section 11.10 are for the benefit of Bank and its successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any other Borrower and Bank the obligations of such other Borrower under the Loan Documents.
Benefit of Provisions. The provisions of this Section 5.5 are expressly for the benefit of the current and former directors and officers of EPP, shall be enforceable by each of them, and shall survive the consummation of the Merger. If the Surviving Company or any of its successors or assigns (i) consolidates with or merges into any other person and shall not be the continuing or surviving entity of such consolidation or merger, or (ii) transfers all of substantially all of its properties and assets to any person, then, and in each such case, proper provision shall be made so that the successors and assigns of the Surviving Company assume the obligations of the Surviving Company set forth in this Section 5.5.
Benefit of Provisions. Each Party acknowledges and agrees that the other Party holds the benefit of clauses 10.1, 10.2 and 10.3 above for itself and as trustee and agent for its officers, employees and agents.
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Benefit of Provisions. The provisions of this Article 9 are for the benefit of, and are to be enforceable by, each Leasehold Mortgagee to the extent more than one Leasehold Mortgage is permitted to be granted hereunder. If there is more than one Leasehold Mortgagee, the senior Leasehold Mortgagee shall be entitled to exercise the remedies of a Leasehold Mortgagee which are by their nature impossible or impractical to be exercised by more than one Leasehold Mortgagee (collectively, “Exclusive Leasehold Mortgagee Rights”). Unless a Leasehold Mortgagee provides the Landlord with written evidence to the contrary in the form of a subordination or intercreditor agreement executed by the relevant Leasehold Mortgagees, the Leasehold Mortgagee who is the first Leasehold Mortgagee of record shall be deemed to be the senior Leasehold Mortgagee and the holder of the Exclusive Leasehold Mortgagee Rights. The Landlord may rely on a current certification or commitment of the title insurance company providing title insurance to the Tenant (or if none, a title insurance company chosen by the Landlord) with respect to the Premises as to which Leasehold Mortgagee is the first Leasehold Mortgagee of record. All reasonable costs, including Legal Costs, incurred by the Landlord in connection with such certification or commitment shall be paid by the Tenant as Additional Rent. To the extent that there is more than one Leasehold Mortgagee at any time, all references to “Leasehold Mortgagee” contained in this Lease shall be read in the context of and subject to the terms of this Section 9.4(f).
Benefit of Provisions. The foregoing provisions of this section 8 are for the benefit of SpireTech and its independent third-party information providers ("Information Providers"), merchants ("Merchants") and licensors ("Licensors"), and each shall have the right to assert and enforce such provisions directly on their own behalf.
Benefit of Provisions. Each party acknowledges and agrees that the other party holds the benefit of clauses 11.1,
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