Common use of No Benefits to Third Parties Clause in Contracts

No Benefits to Third Parties. The Parties agree that the benefits and burdens of the covenants in Section 2.1 are intended to extend only to a Party and its Affiliates (and their Covered Third Parties, as applicable) and not to other Persons. Each Party agrees that the covenants in Section 2.1 are not intended to cover manufacturing activities on behalf of third parties (e.g., patent “laundering” or foundry activities, service bureau or outsourcing relationships). All Affiliates and Covered Third Parties (and the third parties referenced in Section 2.1(a)(2) and 2.1(a)(3) (“ADT NA New Third Parties”)) shall be deemed third party beneficiaries of this Agreement with respect to their rights under the covenants in Section 2.1 and shall have the right to enforce its provisions directly against the other Party and its Affiliates.

No Benefits to Third Parties. The Parties agree that the benefits and burdens of the covenants in Section 2.1 are intended to extend only to a Party and its Affiliates (and their Covered Third Parties, as applicable) and not to other Persons. Each Party agrees that the covenants in Section 2.1 are not intended to cover manufacturing activities on behalf of third of’third parties (e.g., patent “laundering” or foundry activities, service bureau or outsourcing relationships). All Affiliates and Covered Third Parties (and the third parties referenced in Section 2.1(a)(2) and 2.1(a)(3) (“ADT NA New Third Parties”)) shall be deemed third party beneficiaries of this Agreement with respect to their rights under the covenants in Section 2.1 and shall have the right to enforce its provisions directly against the other Party and its Affiliates.