Common use of Binding Agreement; No Third Party Beneficiaries Clause in Contracts

Binding Agreement; No Third Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of Agent, Lenders, Borrower and their respective successors and assigns. This Agreement is solely for the benefit of Agent, Lenders, Borrower and their respective successors and assigns, and no other person shall have any right, benefit, priority or interest under, or because of the existence of, this Agreement.

Appears in 4 contracts

Samples: Forbearance Agreement (Trailer Bridge Inc), Forbearance Agreement (Trailer Bridge Inc), Forbearance Agreement (Trailer Bridge Inc)

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Binding Agreement; No Third Party Beneficiaries. This Agreement is entered into for the benefit of the Parties and their permitted successors and assigns. It shall be binding upon and shall inure to the benefit of Agent, Lenders, Borrower such Parties and their respective successors and assigns. This Agreement is solely for the benefit of Agent, Lenders, Borrower and their respective successors and assignssuch parties, and no other person shall have has any right, benefit, priority rights under or interest under, or because by virtue of the existence of, this Agreement.

Appears in 1 contract

Samples: Crude Oil Marketing Agreement (Plains Exploration & Production Co)

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Binding Agreement; No Third Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of Collateral Agent, LendersInvestors, Borrower the Company and their respective successors and assigns. This Agreement is solely for the benefit of Collateral Agent, LendersInvestors, Borrower the Company and their respective successors and assigns, and no other person shall have any right, benefit, priority or interest under, or because of the existence of, this Agreement.

Appears in 1 contract

Samples: Forbearance Agreement (Integrated Biopharma Inc)

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