Common use of No Impact on Third Parties Clause in Contracts

No Impact on Third Parties. For the avoidance of doubt, except as expressly set forth in this Agreement, the indemnifications provided for in this Article III are made only for purposes of allocating responsibility for Liabilities between the TFMC Group, on the one hand, and the TEN Group, on the other hand, and are not intended to, and shall not, affect any obligations to, or give rise to any rights of, any third parties.

Appears in 4 contracts

Samples: Separation and Distribution Agreement (Technip Energies N.V.), Separation and Distribution Agreement (Technip Energies B.V.), Separation and Distribution Agreement (TechnipFMC PLC)

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No Impact on Third Parties. For the avoidance of doubt, except as expressly set forth in this Agreement, the indemnifications provided for in this Article III II are made only for purposes of allocating responsibility for Liabilities between the TFMC ConocoPhillips Group, on the one hand, and the TEN Xxxxxxxx 66 Group, on the other hand, and are not intended to, and shall not, affect any obligations to, or give rise to any rights of, any third parties.

Appears in 3 contracts

Samples: Indemnification and Release Agreement, Indemnification & Liability (Phillips 66), Indemnification & Liability (Phillips 66)

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No Impact on Third Parties. For the avoidance of doubt, except as expressly set forth in this Agreement, the indemnifications provided for in this Article III IV are made only for purposes of allocating responsibility for Liabilities between the TFMC Veoneer Group, on the one hand, and the TEN Autoliv Group, on the other hand, and are not intended to, and shall not, affect any obligations to, or give rise to any rights of, any third parties.

Appears in 2 contracts

Samples: Distribution Agreement (Autoliv Inc), Distribution Agreement (Veoneer, Inc.)

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