Common use of Limitation on Benefits Clause in Contracts

Limitation on Benefits. It is the explicit intention of the parties hereto that no person or entity other than the parties hereto (and their respective successors and assigns) is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties hereto, and the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the parties hereto or their respective successors and assigns.

Appears in 13 contracts

Samples: Registration Rights Agreement (Fao Inc), Securities Purchase Agreement (Fao Inc), Registration Rights Agreement (Fao Inc)

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Limitation on Benefits. It is the explicit intention of the ---------------------- parties hereto that no person or entity other than the parties hereto (and their respective successors and assigns) is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties hereto, and the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the parties hereto or their respective successors and assigns.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Right Start Inc /Ca), Securities Purchase Agreement (Right Start Inc /Ca), Convertible Debenture Purchase Agreement (Right Start Inc /Ca)

Limitation on Benefits. It Except as provided for elsewhere herein, it is the explicit intention of the parties hereto that no person or entity other than the parties hereto (and their respective successors and assigns) is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties hereto, and the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the parties hereto or their respective successors and assigns.

Appears in 3 contracts

Samples: Registration Rights Agreement (Fao Inc), Common Stock Purchase Agreement (Fao Inc), Registration Rights Agreement (Right Start Inc /Ca)

Limitation on Benefits. It is the explicit intention of the parties hereto that no person or entity other than the parties hereto (and their respective successors and assigns) is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties heretoparty, and that the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the parties hereto (or their respective heirs, legal representatives, successors and assignsassigns as permitted hereunder).

Appears in 2 contracts

Samples: Executive Severance Agreement (Mocon Inc), Severance Agreement (Modern Controls Inc)

Limitation on Benefits. It is the explicit intention of the parties ---------------------- hereto that no person or entity other than the parties hereto (and their respective successors and assigns) is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties hereto, and the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the parties hereto or their respective successors and assigns.

Appears in 2 contracts

Samples: Registration Rights Agreement (Right Start Inc /Ca), Registration Rights Agreement (Concorde Career Colleges Inc)

Limitation on Benefits. It is the explicit intention of the parties hereto that no person or entity other than the parties hereto (and their respective successors and assigns) is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties heretoparty, and that the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the parties hereto (or their respective successors and assignsassigns as permitted hereunder).

Appears in 1 contract

Samples: Consulting Agreement (Aims Worldwide Inc)

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Limitation on Benefits. This Agreement shall be binding upon and shall inure to the benefit of the Parties hereto and their respective administrators, legal representatives, successors and permitted assigns. It is the explicit intention of the parties hereto Parties that no person or entity other than the parties Parties hereto (and their respective successors and assigns) is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties heretoparty, and that the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the parties Parties hereto (or their respective successors and assignsassigns as permitted hereunder).

Appears in 1 contract

Samples: Grant and Distribution Agreement

Limitation on Benefits. It Except as provided for elsewhere herein, it is the explicit intention of the parties hereto that no person or entity other than the parties hereto (and their respective successors and assigns) is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties hereto, and the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the parties hereto or their respective successors and assigns.

Appears in 1 contract

Samples: Registration Rights Agreement (Right Start Inc /Ca)

Limitation on Benefits. It is the explicit intention of ---------------------- the parties hereto that no person or entity other than the parties hereto (and their respective successors and assigns) is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the parties hereto, and the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the parties hereto or their respective successors and assigns.

Appears in 1 contract

Samples: Convertible Debenture Purchase Agreement (Right Start Inc /Ca)

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