Benefits of the Agreement. 12.1 This Agreement is made solely and specifically among and for the benefit of the Parties hereto, and their respective successors and assigns, except that (i) the provisions of Section 6 shall inure to the benefit of each of the Covered Persons, and (ii) no other Person (except to the extent provided in the immediately preceding parenthetical) shall have any rights, interest or claims hereunder or be entitled to any benefits under or on account of this Agreement as a third party beneficiary or otherwise.
Appears in 3 contracts
Samples: Support Agreement, Support Agreement (Transocean Partners LLC), Support Agreement (Transocean Partners LLC)
Benefits of the Agreement. 12.1 This The terms and conditions of this Agreement is made solely and specifically among and for the benefit of the Parties hereto, and their respective successors and assigns, except that (i) the provisions of Section 6 shall inure to the benefit of each and be binding upon the respective successors and permitted assigns of the Covered Personsparties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and (ii) no other Person (except to the extent provided in the immediately preceding parenthetical) shall have assigns any rights, interest remedies, obligations, or claims hereunder or be entitled to any benefits liabilities under or on account by reason of this Agreement Agreement, except as a third expressly provided in this Agreement; provided, however, the parties hereto hereby acknowledge that the persons set forth in Section 6 are express third-party beneficiary or otherwisebeneficiaries of the obligations of the parties hereto set forth in Section 6.
Appears in 1 contract