Benefitted Parties. This Guaranty is entered into by the ------------------ Guarantor for the benefit of the Beneficiaries in accordance with the provisions of this Guaranty and the Operative Documents. This Guaranty 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 the Beneficiaries and the Guarantor and their respective permitted successors and assigns. The Guarantor may not assign any of its rights or obligations hereunder except in accordance with Section 4.1 hereof.
Benefitted Parties. All understandings and agreements contained herein are solely for the benefit of the Banks and their respective successors and assigns, and, notwithstanding the execution of this Agreement by the Borrowers and the Subsidiary Guarantors solely for the purpose of acknowledging and consenting to such understandings and agreements, neither the Borrowers, the Subsidiary Guarantors nor any other Person other than the Banks and their respective successors and assigns is intended to be benefitted in any way by this Agreement.
Benefitted Parties. All terms, conditions, rights, and covenants in this Agreement are solely for the benefit of OP Lender and RE Lender and shall not in any manner benefit or be actionable by any other Person including, without limitation, Borrower.
Benefitted Parties. This Declaration was made by Wyeth Subsidiary Illinois Corporation, an Illinois corporation, as Declarant, in partial consideration for the agreement of Declarant as “Seller” under that certain Real Estate Purchase and Sale Agreement (“Purchase Agreement”) dated as of March , 2016 by and between Declarant and City of Monticello, Illinois an Illinois municipal corporation as “Purchaser” to convey the Property to such Purchaser or a grantee approved by Declarant in accordance with such Purchase Agreement at the purchase price and in accordance with the terms and provisions the Purchase Agreement and, this Declaration is for, and shall inure to, the benefit of Declarant, and each and all of Declarant’s Affiliates, including, without limitation Pfizer Inc., a Delaware corporation, and any and all members, shareholders, partners, directors, officers, managers, persons, firms, brokers, agents, employees and representatives of, or acting or purporting to act on behalf of, Declarant or such Affiliates (together with Declarant, collectively, the “Declarant Parties”), and shall be enforceable by the Declarant Parties in accordance with its terms. The Declarant Parties, and each of them, are intended direct third party beneficiaries of this Declaration. The term “Affiliate” of any Person means any other Person directly or indirectly controlling, controlled by, or under common control with, such Person; provided, that for the purposes of this definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by Contract or otherwise. The term “Person” means and include an individual, a partnership, a limited partnership, a limited liability partnership, a joint venture, a corporation, a limited liability company, an association, a trust, an unincorporated organization, a group and a Governmental Entity.
Benefitted Parties. This Agreement is made solely and specifically between and for the benefit of the parties hereto, and their respective successors and assigns, subject to the express provisions hereof relating to successors and assigns, and no other person whatsoever will have any rights, interest or claims hereunder or be entitled to any benefits under or on account of this Agreement as a third person beneficiary or otherwise.
Benefitted Parties. The covenants, promises, rights and obligations of Executive under this Agreement shall inure to the benefit of the Company and all other present or future parents, subsidiaries, successors and affiliates of the Company and all such entities shall be considered third party beneficiaries and may enforce any provision of this Agreement.
Benefitted Parties. All understandings and agreements contained herein are solely for the benefit of the Secured Creditors and their respective successors and assigns, and, notwithstanding the execution of this Agreement by Borrower and Tribe solely for the purpose of acknowledging and consenting to such understandings and agreements, neither Borrower, Tribe nor any other Person other than the Secured Creditors and their respective successors and permitted assigns and participants are intended to be benefitted in any way by this Agreement.
Benefitted Parties. This Guaranty 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 Lender and their permitted successors and assigns.
