Common use of Binding Effect; Third-Party Beneficiaries Clause in Contracts

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and the Trust Collateral Agent on behalf of the Trust and the Noteholders are intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 35 contracts

Samples: Sale and Contribution Agreement (Credit Acceptance Corp), Sale and Contribution Agreement (Credit Acceptance Corp), Sale and Contribution Agreement (Credit Acceptance Corp)

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Binding Effect; Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of and be binding upon the parties hereto hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns. The Trust and assigns hereunder, but otherwise this Agreement shall not be for the Trust Collateral Agent on behalf benefit of the Trust and the Noteholders are intended by the parties hereto to be third-party beneficiaries of this Agreementany third parties.

Appears in 24 contracts

Samples: Employment Agreement (Basic Energy Services, Inc.), Employment Agreement (Basic Energy Services, Inc.), Employment Agreement (Basic Energy Services, Inc.)

Binding Effect; Third-Party Beneficiaries. This The Agreement shall be binding upon and inure to the benefit of and be binding upon the parties hereto hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns. The Trust and assigns hereunder, but otherwise the Trust Collateral Agent on behalf Agreement shall not be for the benefit of the Trust and the Noteholders are intended by the parties hereto to be third-party beneficiaries of this Agreementany third parties.

Appears in 15 contracts

Samples: Transition and Separation Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust Deal Agent and the Trust Collateral Agent on behalf of the Trust and the Noteholders are intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 7 contracts

Samples: Sale and Contribution Agreement (Credit Acceptance Corp), Contribution Agreement (Credit Acceptance Corp), Contribution Agreement (Credit Acceptance Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust Deal Agent and the Trust Collateral Agent on behalf of the Trust and the Noteholders Secured Parties are intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 7 contracts

Samples: Sale and Contribution Agreement (Credit Acceptance Corp), Sale and Contribution Agreement (Credit Acceptance Corp), Sale and Contribution Agreement (Credit Acceptance Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and Facility Agent, for the Trust Collateral Agent on behalf benefit of the Trust and the Noteholders are Secured Parties, is intended by the parties hereto to be a third-party beneficiaries beneficiary of this Agreement.

Appears in 4 contracts

Samples: Sale and Contribution Agreement (Vista Credit Strategic Lending Corp.), Sale and Contribution Agreement (Oaktree Specialty Lending Corp), Sale and Contribution (New Mountain Finance Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and Collateral Agent, for the Trust Collateral Agent on behalf benefit of the Trust and the Noteholders are Secured Parties, is intended by the parties hereto to be an express third-party beneficiaries beneficiary of this Agreement.

Appears in 3 contracts

Samples: Sale and Contribution Agreement (Owl Rock Technology Finance Corp.), Sale and Contribution Agreement (Owl Rock Technology Income Corp.), Sale and Contribution Agreement (Owl Rock Capital Corp II)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust Administrative Agent and the Trust Collateral Agent on behalf Agent, for the benefit of the Trust and the Noteholders Secured Parties, are intended by the parties hereto to be express third-party beneficiaries of this Agreement.

Appears in 3 contracts

Samples: Sale and Purchase Agreement (AMG Comvest Senior Lending Fund), Sale and Contribution Agreement (Crescent Private Credit Income Corp), Sale and Contribution Agreement (Sierra Income Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assignshereto. The Trust and Indenture Trustee, the Trust Collateral Agent on behalf of Owner Trustee, the Trust Note Insurer and the Noteholders are intended by the parties hereto to be third-third party beneficiaries of this Agreement.

Appears in 3 contracts

Samples: Receivables Transfer Agreement (First Sierra Receivables Iii Inc), Receivables Transfer Agreement (First Sierra Receivables Iii Inc), Receivables Transfer Agreement (First Sierra Receivables Iii Inc)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and the Trust Collateral Agent on behalf of the Trust Trust, the Class A Noteholders, the Class A Insurer and the Noteholders Backup Insurer are intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 3 contracts

Samples: Contribution Agreement (Credit Acceptance Corporation), Contribution Agreement (Credit Acceptance Corporation), Contribution Agreement (Credit Acceptance Corporation)

Binding Effect; Third-Party Beneficiaries. This Agreement shall and the other Transaction Documents will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and Collateral Agent, for the Trust Collateral Agent on behalf benefit of the Trust and the Noteholders are Secured Parties, is intended by the parties hereto to be a third-party beneficiaries beneficiary of this Agreement.

Appears in 2 contracts

Samples: Sale and Contribution Agreement (Golub Capital Direct Lending Corp), Sale and Contribution Agreement (Business Development Corp of America)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto and shall inure to the benefit of the Trustee and the Certificateholders, and their respective successors and permitted assigns. The Trust and the Trust Collateral Agent on behalf of the Trust and the Noteholders are intended by the parties hereto to be third-, as express third party beneficiaries of this Agreementbeneficiaries.

Appears in 2 contracts

Samples: Loan Acquisition Agreement (Point West Capital Corp), Agreement (Point West Capital Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and the Trust Collateral Agent on behalf of the Trust Trust, the Class A Noteholders and the Noteholders Class A Insurer are intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 2 contracts

Samples: Contribution Agreement (Credit Acceptance Corporation), Contribution Agreement (Credit Acceptance Corporation)

Binding Effect; Third-Party Beneficiaries. This Agreement shall and the Conveyance Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and Each of the Trustee, the Trust Collateral Agent on behalf of the Trust Agent, if any, and the Noteholders are intended by the parties hereto to Owner Trustee shall be considered a third-party beneficiaries beneficiary of this Agreement.

Appears in 1 contract

Samples: Master Receivables Purchase Agreement (Household Auto Receivables Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust Deal Agent and the Trust Collateral Agent on behalf of the Trust and the Noteholders are intended by the parties hereto to be third-party beneficiaries of this Agreement.. Section 8.10

Appears in 1 contract

Samples: Contribution Agreement

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assignshereto. The Trust and Indenture Trustee, the Trust Owner Trustee, the Note Insurer, the Collateral Agent on behalf of the Trust and the Noteholders are intended by the parties hereto to be third-third party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Receivables Pledge Agreement (Prudential Securities Secured Financing Corp)

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Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and the Trust Collateral Agent on behalf of the Trust Trust, the Swap Counterparty, the Class A Noteholders and the Noteholders Class A Insurer are intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust Deal Agent, the Managing Agents, and the Trust Collateral Agent on behalf of the Trust and the Noteholders are intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assignshereto. The Trust and Owner Trustee, the Trust Collateral Agent on behalf of Agent, the Trust Note Insurer and the Noteholders are intended by the parties hereto to be third-third party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Receivables Pledge Agreement (Prudential Securities Secured Financing Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust On and after the Closing Date, each of the Collateral Agent, for the benefit of the Secured Parties, and the Trust Collateral Agent on behalf Facility Agent, for the benefit of the Trust and the Noteholders are Lenders, is intended by the parties hereto to be a third-party beneficiaries beneficiary of this Agreement.

Appears in 1 contract

Samples: Sale and Contribution Agreement (AB Private Credit Investors Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and the Trust Collateral Agent Trustee on behalf of the Trust and the Noteholders are Certificateholders is intended by the parties hereto to be third-a third party beneficiaries beneficiary of this Agreement, but otherwise no Person not a party is intended to or shall have any rights hereunder, whether as a third party beneficiary or otherwise.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Proffitts Credit Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto hereto, the Servicer, the Trust, the Certificateholders and their respective successors and permitted assigns. The Trust and the Trust Collateral Agent on behalf of the Trust and the Noteholders are intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Prudential Securities Secured Financing Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto hereto, the Trustee, the Bond Insurer, the Certificateholders, and their respective successors and permitted assigns. The Trust and the Trust Collateral Agent on behalf of the Trust and the Noteholders are intended by the parties hereto to be third-Bond Insurer is an express third party beneficiaries beneficiary of this Agreement.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (T&w Financial Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assignsthe Trustee. The Trust Trustee, the Certificate Insurer and the Trust Collateral Agent on behalf of the Trust and the Noteholders Certificateholders are intended by the parties hereto to be third-third party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Sale and Contribution Agreement (First Sierra Receivables Ii Inc)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trust and the Trust Collateral Agent on behalf of the Trust Trust, the Swap Counterparty and the Class A Noteholders are intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

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