Common use of EXCLUSIVE BENEFIT OF THE PARTIES AND BINDING EFFECT Clause in Contracts

EXCLUSIVE BENEFIT OF THE PARTIES AND BINDING EFFECT. The rights, duties and obligations set forth herein shall inure to the benefit of and be binding upon the Company and the Reinsurer as they are identified in this Agreement and their parents, subsidiaries and affiliates, and their respective predecessors, successors, assigns, officers, directors, agents, employees, shareholders, representatives, and attorneys and this Agreement is not intended to confer any rights or benefits upon persons or entities other than the foregoing parties.

EXCLUSIVE BENEFIT OF THE PARTIES AND BINDING EFFECT. The rights, duties and obligations set forth herein shall inure to the benefit of and be binding upon the Company COMPANY and the Reinsurer REINSURER as they are identified in this Agreement and their parents, subsidiaries and affiliates, and their respective predecessors, parents, successors, assignsaffiliates, officers, directors, employees, agents, employeessubsidiaries, shareholders, representatives, attorneys, liquidators, receivers and attorneys assigns of the parties hereto and this Agreement is not intended to confer any rights or benefits upon persons or entities other than the foregoing parties.

EXCLUSIVE BENEFIT OF THE PARTIES AND BINDING EFFECT. The rights, duties and obligations set forth herein shall inure to the benefit of and be binding upon the Company COMPANY and the Reinsurer REINSURER as they are identified in this Agreement and their parents, subsidiaries and affiliates, and their respective predecessors, successors, assigns, officers, directors, agents, employees, shareholders, representatives, and attorneys and this Agreement is not intended to confer any rights or benefits upon persons or entities other than the foregoing parties.