Common use of Benefited Parties Clause in Contracts

Benefited Parties. This Guaranty Agreement is entered into by each Guarantor to provide financial accommodations for Obligor, and for the benefit of Administrative Agent, Lenders, and Secured Parties. This Guaranty Agreement shall not be deemed to create any right in, or to be in whole or in part for the benefit of, any Person other than Guarantor and Administrative Agent, Lenders, and Secured Parties and Administrative Agent’s, Lenders’, and Secured Parties’ respective successors and assigns. No Guarantor may assign any of its rights or obligations hereunder.

Appears in 2 contracts

Samples: Guaranty Agreement (Omega Protein Corp), Guaranty Agreement (Omega Protein Corp)

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Benefited Parties. This Guaranty Agreement is entered into by each Guarantor to provide financial accommodations for Obligor, and for the benefit of Administrative Agent, Lenders, and Secured Parties. This Guaranty Agreement shall not be deemed to create any right in, or to be in whole or in part for the benefit of, any Person other than Guarantor and Administrative Agent, Lenders, and Secured Parties and Administrative Agent’s, Lenders’, and Secured Parties’ respective successors and assigns. No Guarantor may not assign any of its rights or obligations hereunder.

Appears in 1 contract

Samples: Guaranty Agreement (Omega Protein Corp)

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Benefited Parties. This Guaranty Agreement is entered into by each Guarantor to provide financial accommodations for Obligor, and for the benefit of Administrative Agent, Lenders, and Secured PartiesLender. This Guaranty Agreement shall not be deemed to create any right in, or to be in whole or in part for the benefit of, any Person person other than Guarantor and Administrative Agent, Lenders, Lender and Secured Parties and Administrative Agent’s, Lenders’, and Secured Parties’ respective Lender’s successors and assigns. No Guarantor may assign any of its rights or obligations hereunder.

Appears in 1 contract

Samples: Guaranty Agreement (Omega Protein Corp)

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