Common use of No Benefit to Third Parties Clause in Contracts

No Benefit to Third Parties. The covenants and agreements set forth in this Agreement are for the sole benefit of the Parties and their successors and permitted assigns and Buyer’s designees, provided that Buyer’s ability to assign such Services to a designee shall in no way increase or modify the Services performed by Seller, and except for the rights of Buyer Indemnified Parties under Article 4, they shall not be construed as conferring any rights on any other Persons.

Appears in 2 contracts

Samples: Transition Services Agreement (Insys Therapeutics, Inc.), Transition Services Agreement (Insys Therapeutics, Inc.)

AutoNDA by SimpleDocs

No Benefit to Third Parties. The covenants and agreements set forth in this Agreement are for the sole benefit of the Parties and their successors and permitted assigns and Buyer’s designeesassigns, provided that Buyer’s ability to assign such Services to a designee shall in no way increase or modify the Services performed by Sellerand, and except for the rights of Buyer Indemnified Parties Indemnitees and Seller Indemnitees under Article 410, they shall not be construed as conferring any rights on any other Persons.

Appears in 1 contract

Samples: License Agreement (Forest Laboratories Inc)

No Benefit to Third Parties. The covenants and agreements set forth in this Agreement are for the sole benefit of the Parties and their successors and permitted assigns and Buyer’s designeesassigns, provided that Buyer’s ability to assign such Services to a designee shall in no way increase or modify the Services performed by Sellerand, and except for the rights of Buyer Indemnified Parties Indemnitees and Seller Indemnitees under Article 4ARTICLE 7, they shall not be construed as conferring any rights on any other Persons.

Appears in 1 contract

Samples: Asset Purchase Agreement (Concordia Healthcare Corp.)

No Benefit to Third Parties. The covenants and agreements set forth in this Agreement are for the sole benefit of the Parties and their successors and permitted assigns and Buyer’s designeesassigns, provided that Buyer’s ability to assign such Services to a designee shall in no way increase or modify the Services performed by Sellerand, and except for the rights of Buyer Indemnified Parties Indemnitees or Seller Indemnitees under Section 5.7.5, Section 5.8.2 and Article 47, and Seller’s Affiliates under Section 9.16, they shall not be construed as conferring any rights on any other Persons.

Appears in 1 contract

Samples: Asset Purchase Agreement (PetIQ, Inc.)

No Benefit to Third Parties. The covenants and agreements set forth in this Agreement are for the sole benefit of the Parties and their successors and permitted assigns and Buyer’s designeesassigns, provided that Buyer’s ability to assign such Services to a designee shall in no way increase or modify the Services performed by Sellerand, and except for the rights of Seller Indemnitees under Section 5.14.3 and the rights of the Buyer Indemnified Parties Indemnitees and Seller Indemnitees under Article 47, they shall not be construed as conferring any rights on any other Persons.

Appears in 1 contract

Samples: Asset Purchase Agreement (Catalyst Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

No Benefit to Third Parties. The covenants Covenants and agreements set forth in this Agreement are for the sole benefit of the Parties Parties, their Affiliates, and their respective successors and permitted assigns and Buyer’s designees, provided that Buyer’s ability to assign such Services to a designee shall in no way increase or modify the Services performed by Sellerassigns, and except for the rights of Buyer Indemnified Parties under Article 4, they shall not be construed as conferring any rights on any other Personspersons or entities; provided, however, that Parent and Merger Sub shall be deemed third party beneficiaries of this Agreement.

Appears in 1 contract

Samples: How License Agreement (Car Tech, LLC)

No Benefit to Third Parties. The covenants and agreements set forth in this Agreement are for the sole benefit of the Parties and their successors and permitted assigns and Buyer’s designeesassigns, provided that Buyer’s ability to assign such Services to a designee shall in no way increase or modify the Services performed by Sellerand, and except for the rights of Buyer Indemnified Parties Indemnitees and Seller Indemnitees under Article 4ARTICLE 5, they shall not be construed as conferring any rights on any other Persons.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pdi Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!