Common use of Conditions for Exclusive Benefit of the Board Clause in Contracts

Conditions for Exclusive Benefit of the Board. All conditions of the obligations of the Board to make Advances hereunder are imposed solely and exclusively for the benefit of the Board and its assigns, and no other person shall have standing to require satisfaction of such conditions in accordance with their terms and no other person shall, under any circumstances, be deemed to be beneficiary of such conditions.

Appears in 18 contracts

Samples: Capital Improvements Agreement, Capital Improvements Agreement, Capital Improvements Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.