Common use of Benefits of Agreement; No Third-Party Rights Clause in Contracts

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Partnership or any Subsidiary, or by any creditor of any Partner or its Affiliates. Nothing in this Agreement shall be deemed to create any right in any Person (other than Indemnified Parties) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person (other than Indemnified Parties).

Appears in 2 contracts

Samples: Limited Partnership Agreement (Mack Cali Realty L P), Limited Partnership Agreement (Mack Cali Realty L P)

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Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Partnership party other than Owner, Operator or any Subsidiary, or by any creditor of any Partner or its either of their respective Affiliates. Nothing Except as expressly provided for herein, nothing in this Agreement shall be deemed to create any right in by any Person (party other than Indemnified Parties) not a party heretoOwner, Operator and any of either of their respective Affiliates and this Agreement instrument shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person (other than Indemnified Parties)party nor is this instrument intended to create an interest in, or lien upon, the Premises.

Appears in 2 contracts

Samples: Management Agreement (Felcor Lodging Trust Inc), Lease Agreement (Itt Corp /Nv/)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Partnership or any Subsidiary, Operating Company or by any creditor of any Partner Member or its Affiliates. Nothing a Special Member, and nothing in this Agreement shall be deemed to create any right in any Person (other than Indemnified Partiesthe Manager with respect to indemnity under Section 4.9) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person (other than Indemnified Parties)Person, except as provided in this Section 9.12.

Appears in 1 contract

Samples: Operating Agreement (GK Investment Property Holdings II LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Partnership party other than Owner, Operator or any Subsidiary, or by any creditor of any Partner or its either of their respective Affiliates. Nothing Except as expressly provided for herein, nothing in this Agreement shall be deemed to create any right in by any Person (party other than Indemnified Parties) not a party heretoOwner, Operator and any of either of their respective Affiliates and this Agreement instrument shall not be construed in any respect to be a contract in 101 39 whole or in part for the benefit of any third Person (other than Indemnified Parties)party nor is this instrument intended to create an interest in, or lien upon, the Premises.

Appears in 1 contract

Samples: Lease Agreement (Felcor Suite Hotels Inc)

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Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Partnership or any Subsidiary, Company or by any creditor of any Partner Member or its Affiliatesa Special Member. Nothing in this Agreement shall be deemed to create any right in any Person (other than an Indemnified PartiesParty) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person (other than an Indemnified PartiesParty).. [Signature Follows]

Appears in 1 contract

Samples: Limited Liability Company Agreement (Synchrony Card Issuance Trust)

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