Common use of Benefitted Parties Clause in Contracts

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.

Appears in 4 contracts

Samples: Mobil 1233 Guaranty (Mobil Corp), Mobil 1234 Guaranty (Mobil Corp), Mobil Eagle Guaranty (Mobil Corp)

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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.

Appears in 1 contract

Samples: Mobil Marine Finance Co I Inc

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.

Appears in 1 contract

Samples: Fort James Corp

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.

Appears in 1 contract

Samples: Participation Agreement (Mobil Corp)

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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 permitted assigns. The Guarantor may not assign any of its rights or obligations hereunder except in accordance with Section 4.1 hereof.

Appears in 1 contract

Samples: Participation Agreement (Mobil Corp)

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