Common use of Financing Parties as Third Party Beneficiaries Clause in Contracts

Financing Parties as Third Party Beneficiaries. The provisions of this Section 10.5 are for the benefit of any Financing Party as well as the Parties hereto, and shall be enforceable by any Financing Party as express third-party beneficiaries hereof. Lessor hereby agrees that neither a Financing Party, nor any Person for whom they may act, shall be obligated to perform any obligation or be deemed to incur any liability or obligation provided in this Agreement on the part of Lessee or shall have any obligation or liability to Lessor with respect to this Agreement except to the extent any of them becomes a party hereto pursuant to Sections 10.4 and 10.5.

Appears in 2 contracts

Samples: Solar Lease Agreement, Solar Lease Agreement

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Financing Parties as Third Party Beneficiaries. The provisions of this Section 10.5 are for the benefit of any Financing Party as well as the Parties hereto, and shall be enforceable by any Financing Party as express third-party beneficiaries hereof. Lessor Host hereby agrees that neither a Financing Party, nor any Person for whom they may act, shall be obligated to perform any obligation or be deemed to incur any liability or obligation provided in this Agreement on the part of Lessee Supplier or shall have any obligation or liability to Lessor Host with respect to this Agreement except to the extent any of them becomes a party hereto pursuant to Sections 10.4 and 10.5this Section.

Appears in 2 contracts

Samples: Commercial Power Purchase Agreement, Commercial Power Purchase Agreement

Financing Parties as Third Party Beneficiaries. The provisions of this Section 10.5 15 are for the benefit of any Financing anyFinancing Party as well as the Parties hereto, and shall be enforceable by any Financing Party as express third-party beneficiaries hereof. Lessor hereof Host hereby agrees that neither a Financing Party, nor any Person anyPerson for whom they may theymay act, shall be obligated to perform any obligation or be deemed to incur any liability or obligation provided in this Agreement on the part of Lessee Nexamp or shall have any obligation or liability to Lessor Host with respect to this Agreement except to the extent any of them becomes a party hereto pursuant to Sections 10.4 and 10.5this Section 15. SECTION 16.

Appears in 1 contract

Samples: Power Purchase Agreement

Financing Parties as Third Party Beneficiaries. The provisions of this Section 10.5 SECTION are for the benefit of any Financing Party as well as the Parties hereto, and shall be enforceable by any Financing Party as express third-party beneficiaries hereof. Lessor Buyer hereby agrees that neither a Financing Party, nor any Person for whom they may act, shall be obligated to perform any obligation or be deemed to incur any liability or obligation provided in this Agreement on the part of Lessee SELLER or shall have any obligation or liability to Lessor Buyer with respect to this Agreement except to the extent any of them becomes a party hereto pursuant to Sections 10.4 and 10.5this SECTION.

Appears in 1 contract

Samples: Power Purchase Agreement

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Financing Parties as Third Party Beneficiaries. The provisions of this Section 10.5 SECTION 15 are for the benefit of any Financing Party as well as the Parties hereto, and shall be enforceable by any Financing Party as express third-party beneficiaries hereof. Lessor Host hereby agrees that neither a Financing Party, nor any Person for whom they may act, shall be obligated to perform any obligation or be deemed to incur any liability or obligation provided in this Agreement on the part of Lessee System Owner or shall have any obligation or liability to Lessor Host with respect to this Agreement except to the extent any of them becomes a party hereto pursuant to Sections 10.4 and 10.5this SECTION 15.

Appears in 1 contract

Samples: Power Purchase Agreement

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