Common use of BENEFIT TO OTHERS Clause in Contracts

BENEFIT TO OTHERS. The understandings contained in this Agreement are for the sole benefit of the parties hereto and the Fund and their respective successors and assigns and, except as specifically contemplated herein with respect to Destra Indemnified Persons and Adviser Indemnified Persons, they shall not be construed as conferring, and are not intended to confer, any rights on any other persons except the Fund. For the avoidance of doubt, the Fund is an express third-party beneficiary of this Agreement.

Appears in 6 contracts

Samples: Distribution Assistance Agreement (Angel Oak Dynamic Financial Strategies Income Term Trust), Distribution Assistance Agreement (Angel Oak Financial Strategies Income Term Trust), Form of Distribution Assistance Agreement (Tekla Healthcare Opportunities Fund)

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BENEFIT TO OTHERS. The understandings contained in this Agreement are for the sole benefit of the parties hereto and the Fund and their respective successors and assigns and, except as specifically contemplated herein with respect to Destra Indemnified Persons and Adviser Fund Indemnified Persons, they shall not be construed as conferring, and are not intended to confer, any rights on any other persons except the Fund. For the avoidance of doubt, the Fund is an express third-party beneficiary of this Agreement.

Appears in 6 contracts

Samples: Secondary Market Support Services Agreement (Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC), Secondary Market Support Services Agreement (Flaherty & Crumrine Total Return Fund Inc), Secondary Market Support Services Agreement (Flaherty & Crumrine Dynamic Preferred & Income Fund Inc)

BENEFIT TO OTHERS. The understandings contained in this Agreement are for the sole benefit of the parties hereto (and the Fund Adviser) and their respective successors and assigns and, except as specifically contemplated herein with respect to Destra Indemnified Persons and Adviser Fund Indemnified Persons, they shall not be construed as conferring, and are not intended to confer, any rights on any other persons except the FundAdviser. For the avoidance of doubt, ; the Fund Adviser is an express third-party beneficiary of this Agreement.

Appears in 5 contracts

Samples: Support Services Agreement (Tekla Healthcare Opportunities Fund), Support Services Agreement (Tekla Life Sciences Investors), Support Services Agreement (Tekla World Healthcare Fund)

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BENEFIT TO OTHERS. The understandings contained in this Agreement are for the sole benefit of the parties hereto (and the Fund Adviser) and their respective successors and assigns and, except as specifically contemplated herein with respect to Destra Indemnified Persons and Adviser Fund Indemnified Persons, they shall not be construed as conferring, and are not intended to confer, any rights on any other persons except the FundAdviser. For the avoidance of doubt, the Fund Adviser is an express third-party beneficiary of this Agreement.

Appears in 3 contracts

Samples: Support Services Agreement (Tekla Healthcare Opportunities Fund), Services Agreement (Ares Multi-Strategy Credit Fund, Inc.), Investor Support Services Agreement (Ares Dynamic Credit Allocation Fund, Inc.)

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