Liabilities of Third Parties Sample Clauses

Liabilities of Third Parties. Nothing in this Agreement, ---------------------------- whether expressed or implied, is intended to confer any rights or remedies under or by reason of this Agreement on any persons other than the parties to it and their respective successors, legal representative and assigns, nor is anything in this Agreement intended to relieve or discharge the obligation or liability of any third persons to any party to this Agreement, nor shall any provisions give any third person any rights of subrogation or action over or against any party to this Agreement.
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Liabilities of Third Parties. 38 Section 9.15 Agreement Not Binding Until Fully Executed............................................... 38 Section 9.16 Publicity................................................................................ 38 Section 9.17 Arbitration.............................................................................. 38 EXHIBITS AND SCHEDULES Schedules ---------
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Liabilities of Third Parties. Borrower will refrain from assuming any liabilities or obligations of any third parties, including but not limited to, the officers or directors of Borrower. Borrower will refrain from co-signing or endorsing liabilities or obligations or indebtedness of other persons or entities during the life of this Term Loan. Also, its principals will refrain from co-signing or endorsing any liability or obligation which will substantially weaken their financial condition. In addition, Borrower will not obligate itself without approval of Lender for liabilities of other persons or entities in excess of $100,000.00 outside of the normal course of business.
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Liabilities of Third Parties. 35 Section 9.14 Disclosure on Schedules............................................................... 36 Section 9.15 Arbitration........................................................................... 36 Section 9.16
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Liabilities of Third Parties. Borrower and Xxxx Nursing, LLC will refrain from assuming any liabilities or obligations of any third parties, including but not limited to the shareholders, officers, members or directors of the Borrower and/or Xxxx Nursing, LLC. Loans from shareholders, owners, members, officers or affiliates must be subordinated to the Term Loan or converted to stock. The Borrower will refrain from co-signing or endorsing liabilities or obligations or indebtedness of other persons or entities during the life of this Term Loan.
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Liabilities of Third Parties. 21 Section 9.13 Arbitration. . . . . . . . . . . . . . . . . . . . . . 21 Section 9.14 Counterparts . . . . . . . . . . . . . . . . . . . . . 22 SECTION OF DISCLOSURE SCHEDULE 1.2(a) Promissory Note 1.2(b)(i) Third Ground Lease and Amendments
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Liabilities of Third Parties. Borrower and Guarantor will refrain from assuming any liabilities or obligations of any third parties, including but not limited to the shareholders, officers, members or directors of the Borrower and/or Guarantor. The Borrower and/or Guarantor will refrain from co-signing or endorsing liabilities or obligations or indebtedness of other persons or entities dming the life of this Term Loan.
Sample 1
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Liabilities of Third Parties. Borrower will refrain from assuming any liabilities or obligations of any third parties, including but not limited to, the officers or directors of the Borrower. The Borrower will refrain from co-signing or endorsing liabilities or obligations or indebtedness of other persons or entities during the life of this Term Loan. Also, the Borrower will not obligate itself without approval of the Lender for liabilities of other persons or entities in excess of $100,000.00 outside of the normal course of business.
Sample 1
Liabilities of Third Parties. Unless Lender provides prior written consent, Borrower will refrain from assuming any liabilities or obligations of any third parties, including but not limited to the shareholders, officers, members or directors of the Borrower. Loans from shareholders, owners, members, officers or affiliates must be subordinated to the Term Loan or converted to stock. The Borrower will refrain from co-signing or endorsing liabilities or obligations or indebtedness of other persons or entities during the life of this Term Loan except in connection with a Permitted Encumbrance. No payments are to be made on the loans mentioned in this paragraph 10.16 unless the Term Loan in favor of Lender is current and in good standing.
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Related to Liabilities of Third Parties

  • Rights of Third Parties Nothing herein expressed is intended to or shall be construed to confer upon or give to any person, firm or other entity, other than the parties hereto and their permitted assigns, any rights or remedies under or by reason of this Agreement.

  • Contracts (Rights of Third Parties Act 1999 A person who is not a party to this Agreement has no right under the Contracts (Rights of Third Parties) Act 1999 to enforce or enjoy the benefit of any term of this Agreement unless expressly provided to the contrary in this Agreement. Notwithstanding any term of this Agreement, the consent of any person who is not a party to this Agreement is not required to rescind or vary this Agreement at any time.

  • Consents of Third Parties All consents or approvals required to be obtained by the Vendor for the purpose of selling, assigning or transferring the Claims have been obtained, provided that this condition may only be relied upon by the Vendor if the Vendor has diligently exercised its best efforts to procure all such consents or approvals and the Purchaser has not waived the need for all such consents or approvals.

  • Approvals of Third Parties As soon as practicable after the execution of this Agreement, but in any event prior to the Closing Date, Purchaser will use its best efforts to secure all necessary approvals and consents of third parties to the consummation of the transactions contemplated by this Agreement.

  • Indemnification Procedure for Claims of Third Parties Indemnification, with respect to claims resulting from the assertion of liability by those not parties to this Contract (including governmental claims for penalties, fines and assessments), shall be subject to the following terms and conditions:

  • Affiliates and Third Parties If the Asset Representations Reviewer processes the PII of the Issuer’s Affiliates or a third party when performing a Review, and if such Affiliate or third party is identified to the Asset Representations Reviewer, such Affiliate or third party is an intended third-party beneficiary of this Section 4.10, and this Agreement is intended to benefit the Affiliate or third party. The Affiliate or third party may enforce the PII related terms of this Section 4.10 against the Asset Representations Reviewer as if each were a signatory to this Agreement.

  • Indemnification of Third Party Claims The obligations and liabilities of any party to indemnify any other under this Article 6 with respect to Claims relating to third parties shall be subject to the following terms and conditions:

  • Liability to Third Parties The Member will not have any personal liability for any obligations or liabilities of the Company, whether such liabilities arise in contract, tort or otherwise.

  • Settlement of Third Party Claims Notwithstanding any other provision of this Agreement, the Indemnifying Party shall not enter into settlement of any Third Party Claim without the prior written consent of the Indemnified Party, except as provided in this Section 8.05(b). If a firm offer is made to settle a Third Party Claim without leading to liability or the creation of a financial or other obligation on the part of the Indemnified Party and provides, in customary form, for the unconditional release of each Indemnified Party from all liabilities and obligations in connection with such Third Party Claim and the Indemnifying Party desires to accept and agree to such offer, the Indemnifying Party shall give written notice to that effect to the Indemnified Party. If the Indemnified Party fails to consent to such firm offer within ten days after its receipt of such notice, the Indemnified Party may continue to contest or defend such Third Party Claim and in such event, the maximum liability of the Indemnifying Party as to such Third Party Claim shall not exceed the amount of such settlement offer. If the Indemnified Party fails to consent to such firm offer and also fails to assume defense of such Third Party Claim, the Indemnifying Party may settle the Third Party Claim upon the terms set forth in such firm offer to settle such Third Party Claim. If the Indemnified Party has assumed the defense pursuant to Section 8.05(a), it shall not agree to any settlement without the written consent of the Indemnifying Party (which consent shall not be unreasonably withheld or delayed).

  • Use of Third Parties BMS may retain Third Parties to perform Development activities subject to the terms of this Agreement. Any such Third Parties performing Development activities hereunder shall be subject to confidentiality and non-use obligations consistent with those set forth in this Agreement. BMS shall remain responsible and liable for the performance by its Affiliates or permitted Third Party contractors of those of its obligations under this Agreement that it (sub)licenses or delegates to an Affiliate or Third Party contractor.

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