Common use of No Beneficiaries Clause in Contracts

No Beneficiaries. Except to the extent expressly provided otherwise in this Section 6, the indemnification provided for by this Section 6 shall not inure to the benefit of any third party or parties and shall not relieve any insurer who would otherwise be obligated to pay any claim of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, provide any subrogation rights with respect thereto and each party agrees to waive such rights against the other to the fullest extent permitted.

Appears in 3 contracts

Samples: Reorganization Agreement (C Quential Inc), Reorganization Agreement (C Quential Inc), Reorganization Agreement (C Quential Inc)

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No Beneficiaries. Except to the extent expressly provided ---------------- otherwise in this Section 65, the indemnification provided for by this Section 6 5 shall not inure to the benefit of any third party or parties and shall not relieve any insurer who would otherwise be obligated to pay any claim of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, provide any subrogation rights with respect thereto and each party agrees to waive such rights against the other to the fullest extent permitted.

Appears in 1 contract

Samples: Distribution Agreement (Data Translation Ii Inc)

No Beneficiaries. Except to the extent expressly provided otherwise in this Section 65, the indemnification provided for by this Section 6 5 shall not inure to the benefit of any third party or parties and shall not relieve any insurer who would otherwise be obligated to pay any claim of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, provide any subrogation rights with respect thereto and each party agrees to waive such rights against the other to the fullest extent permitted.

Appears in 1 contract

Samples: Distribution Agreement (Media 100 Inc)

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No Beneficiaries. Except to the extent expressly provided ---------------- otherwise in this Section 6, the indemnification provided for by this Section 6 shall not inure to the benefit of any third party or parties and shall not relieve any insurer who would otherwise be obligated to pay any claim of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, provide any subrogation rights with respect thereto and each party agrees to waive such rights against the other to the fullest extent permitted.

Appears in 1 contract

Samples: Reorganization Agreement (C Quential Inc)

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