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

Binding Effect; Third-Party Beneficiaries. The Agreement shall be binding upon and inure to the benefit of the parties hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but otherwise the Agreement shall not be for the benefit of any 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/)

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Binding Effect; Third-Party Beneficiaries. The Subject to Section 37, this Agreement shall be binding upon and inure to the benefit of the parties Parties hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but ; otherwise the this Agreement shall not be for the benefit of any third parties.

Appears in 13 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement (Alta Mesa Resources, Inc. /DE)

Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to the benefit of the parties Parties hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but otherwise the this Agreement shall not be for the benefit of any third parties.

Appears in 10 contracts

Samples: Employment Agreement (Delta Petroleum Corp/Co), Employment Agreement (Spacehab Inc \Wa\), Employment Agreement (Pinnacle Gas Resources, Inc.)

Binding Effect; Third-Party Beneficiaries. The Subject to Section 33, this Agreement shall be binding upon and inure to the benefit of the parties Parties hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but ; otherwise the this Agreement shall not be for the benefit of any third parties.

Appears in 10 contracts

Samples: Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc)

Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to the benefit of the parties hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but otherwise the this Agreement shall not be for the benefit of any third parties.

Appears in 9 contracts

Samples: Employment Agreement (Lexicon Genetics Inc/Tx), Employment Agreement (Lexicon Genetics Inc/Tx), Employment Agreement (Lexicon Genetics Inc/Tx)

Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto, hereto and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns. Any permitted assigns hereunder, but otherwise of the Agreement Buyer shall not be for the benefit third-party beneficiaries of any third partiesthis Agreement.

Appears in 8 contracts

Samples: Purchase and Contribution Agreement (Monroe Capital Income Plus Corp), Purchase and Contribution Agreement (PennantPark Floating Rate Capital Ltd.), Purchase and Contribution Agreement (Monroe Capital Income Plus Corp)

Binding Effect; Third-Party Beneficiaries. The This Agreement is binding on and shall be binding upon and inure to the benefit of the parties hereto, Members and to their respective heirs, executors, beneficiaries, personal legal representatives, successors and permitted assigns hereunderassigns, but otherwise the and this Agreement shall not be for the benefit of confer any third partiesrights or remedies upon any other Person.

Appears in 5 contracts

Samples: Operating Agreement (Hersha Hospitality Trust), Operating Agreement (Pebblebrook Hotel Trust), Operating Agreement (Pebblebrook Hotel Trust)

Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to the benefit of the parties Parties hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but . Holding Co. and its partners shall expressly be deemed to be third party beneficiaries of the covenants and agreements of the parties hereto; otherwise the this Agreement shall not be for the benefit of any third parties.

Appears in 4 contracts

Samples: Employment Agreement (Alta Mesa Energy LLC), Employment Agreement (Alta Mesa Energy LLC), Employment Agreement (Alta Mesa Energy LLC)

Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto, hereto and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns. Any permitted assigns hereunder, but otherwise the Agreement shall not be for the benefit third-party beneficiaries of any third partiesthis Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Resource America Inc), Purchase and Sale Agreement (Fidelity Leasing Inc), Purchase and Sale Agreement (Fidelity Leasing Inc)

Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to the benefit of the parties hereto, and to their respective successors, permitted assigns, heirs, executors, beneficiaries, personal executors and legal representatives, successors and permitted assigns hereunder, but otherwise the Agreement shall not be for the benefit of any . All Released Parties are intended third partiesparty beneficiaries under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Institutional Financial Markets, Inc.), Employment Agreement (Institutional Financial Markets, Inc.)

Binding Effect; Third-Party Beneficiaries. The All of the terms, agreements, covenants, representations, warranties and conditions of this Agreement shall be are binding upon and inure to the benefit of and are enforceable by, the parties hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but otherwise the Agreement shall not be for the benefit of any assigns. There are no third partiesparty beneficiaries having rights under or with respect to this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Us Energy Corp), Stock Purchase Agreement (Crested Corp)

Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to the benefit of the parties hereto, hereto and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunderassigns, but otherwise and each of the Owner Trustee and the Indenture Trustee shall be an express third party beneficiary hereof and may enforce the provisions hereof as if it were a party hereto. This Agreement shall not be for create and constitute the benefit continuing obligations of any third partiesthe parties hereto in accordance with its terms, and shall remain in full force and effect until such time as the parties hereto shall agree.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Porsche Auto Funding LLC), Purchase Agreement (Porsche Auto Funding LLC)

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Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to the benefit of the parties hereto, hereto and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunderassigns. This Agreement is not intended, but otherwise the Agreement and shall not be deemed, to create or confer any right or interest for the benefit of any third partiesperson not a party hereto, except for the Buyer Indemnities and the Seller Indemnities.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mattress Holding Corp.)

Binding Effect; Third-Party Beneficiaries. The All of the terms, agreements, covenants, representations, warranties and conditions of this Agreement shall be are binding upon upon, and inure to the benefit of and are enforceable by, the parties hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but otherwise the Agreement shall not be for the benefit of any assigns. There are no third partiesparty beneficiaries having rights under or with respect to this Agreement.

Appears in 1 contract

Samples: Termination Agreement (Merisant Co)

Binding Effect; Third-Party Beneficiaries. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties heretoBuyer, and to their respective heirs, executors, beneficiaries, personal representatives, its successors and permitted assigns hereunder, but otherwise the assigns. The provisions of this Agreement shall not be for inure to the benefit of any third partiesand be binding upon the Covenantors and their respective successors and assigns.

Appears in 1 contract

Samples: Asset Sale Agreement (Precision Auto Care Inc)

Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to is intended for the benefit of the parties hereto, Parties and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunderassigns, but otherwise the Agreement shall and is not be for the benefit of, nor may any provision hereof be enforced by, any other person. There are no intended or implied third-party beneficiaries of any third partiesthis Agreement.

Appears in 1 contract

Samples: Master Services Agreement

Binding Effect; Third-Party Beneficiaries. The Agreement shall be binding upon and inure to the benefit of the parties hereto, and to their respective heirs, executors, 18 beneficiaries, personal representatives, successors and permitted assigns hereunder, but otherwise the Agreement shall not be for the benefit of any third parties.

Appears in 1 contract

Samples: Employment Agreement (Parker Drilling Co /De/)

Binding Effect; Third-Party Beneficiaries. The Agreement shall be binding upon and inure to the benefit of the parties hereto, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted pennitted assigns hereunder, but otherwise the Agreement shall not be for the benefit of any third parties.

Appears in 1 contract

Samples: Employment Agreement (Parker Drilling Co /De/)

Binding Effect; Third-Party Beneficiaries. The This Agreement shall be binding upon and inure to the benefit of the parties heretoParties, and to their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but otherwise the this Agreement shall not be for the benefit of any third parties.

Appears in 1 contract

Samples: Separation and Consulting Agreement (Magellan Midstream Partners Lp)

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