Benefit; Successors and Permitted Assigns. (a) This Agreement is intended solely for the benefit of and is enforceable by the Beneficiaries and their respective successors or permitted assigns and is not for the benefit of or enforceable by any other Person. This Agreement shall be binding upon each Sponsor and its successors and permitted assigns and shall inure to the benefit of the successors and permitted assigns of the Beneficiaries.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Us Geothermal Inc), Collateral Agency Agreement (Us Geothermal Inc)
Benefit; Successors and Permitted Assigns. (a) This Agreement is intended solely for the benefit of and is enforceable by the Beneficiaries parties hereto and their respective successors or permitted assigns and is not for the benefit of or enforceable by any other Person. This Agreement shall be binding upon each Sponsor NRG Member and its successors and permitted assigns and shall inure to the benefit of the successors and permitted assigns of the Beneficiaries.
Appears in 2 contracts
Samples: Guaranty Agreement (NRG Yield, Inc.), Guaranty Agreement
