Common use of Benefits of Agreement Restricted Clause in Contracts

Benefits of Agreement Restricted. Nothing herein expressed or implied is intended or shall be construed to give anyone other than the Administration Agent on behalf of the Senior Lenders and the Subordinate Lender, and their respective successors and permitted assigns, any legal or equitable right, remedy or claim under or in respect hereof or the benefit of any covenant, condition or provision contained herein; and all such covenants, conditions and provisions are and shall be held to be for the sole and exclusive benefit of the Administration Agent on behalf of the Senior Lenders and the Subordinate Lender and their successors and permitted assigns. This Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.

Appears in 3 contracts

Samples: Amending Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/), Postponement Agreement (Pope & Talbot Inc /De/)

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Benefits of Agreement Restricted. Nothing herein expressed or implied is intended or shall be construed to give anyone other than the Administration Agent on behalf of the Senior Lenders and the Subordinate LenderTrust, and their respective successors and permitted assigns, any legal or equitable right, remedy or claim under or in respect hereof or the benefit of any covenant, condition or provision contained herein; and all such covenants, conditions and provisions are and shall be held to be for the sole and exclusive benefit of the Administration Agent on behalf of the Senior Lenders and the Subordinate Lender Trust and their successors and permitted assigns. This Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.

Appears in 2 contracts

Samples: Postponement Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/)

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Benefits of Agreement Restricted. Nothing herein expressed or implied is intended or shall be construed to give anyone other than the Administration Agent Agent, on behalf of the Senior Lenders Lenders, Finance LP and the Subordinate LenderPartners, and their respective successors and permitted assigns, any legal or equitable right, remedy or claim under or in respect hereof or the benefit of any covenant, condition or provision contained herein; and all such covenants, conditions and provisions are and shall be held to be for the sole and exclusive benefit of the Administration Agent Agent, on behalf of the Senior Lenders Lenders, Finance LP and the Subordinate Lender Partners and their successors and permitted assigns. This Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Credit Agreement (Pope & Talbot Inc /De/)

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