No Obligation as to Third Parties Sample Clauses

No Obligation as to Third Parties. Notwithstanding the provisions of Sections 15.1 and 15.2, Railroad shall have no obligation to provide or make available any portion of any adjacent land or allow the expansion of any structure of Pathnet located thereon beyond five hundred (500) square feet or such additional size initially improved by Pathnet with the approval of Railroad, which approval may be withheld in its sole discretion, for use by third party purchasers, sublicensees, transferees or permitted assignees. Any such accommodation shall be at a fee to be negotiated, shall not interfere with Railroad's current or future use of such property and shall be documented by Railroad's standard form lease, the form of which is attached hereto as Exhibit C. This Section 15.3 shall not apply to Pathnet's partners in development of the Rail Corridor, and shall not restrict Pathnet's ability to make space in Pathnet's existing Facilities available to third parties on such terms as Pathnet determines in its sole discretion. Pathnet shall, except to the extent caused by Railroad's gross negligence or willful misconduct, (i) assume responsibility for any and all claims, liabilities, damages, costs (including reasonable attorneys' fees) and expenses arising out of or based upon the acts or omissions of any such third party in or around such non-cable facilities, the Rail Corridor or other Railroad property, and (ii) indemnify, defend and hold Railroad harmless from and against any and all losses and damages suffered by such third party as a result of the presence of such third party or its facilities or equipment in or around such non-cable facilities, the Rail Corridor or other Railroad property.
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Related to No Obligation as to Third Parties

  • No Obligations to Third Parties Except as otherwise expressly provided herein, the execution and delivery of this Agreement shall not be deemed to confer any rights upon, nor obligate any of the parties hereto, to any person or entity other than the parties hereto.

  • No Obligation to Third Parties The execution and delivery of this Agreement shall not be deemed to confer any rights upon, nor obligate either of the parties hereto to, any person or entity not a party to this Agreement.

  • Obligations to Third Parties Each party warrants and represents that this Agreement does not conflict with any contractual obligations, expressed or implied, undertaken with any Third Party.

  • Payments to Third Parties Except as expressly set forth herein, each Party shall be solely responsible for any payments due to Third Parties under any agreement entered into by such Party with respect to the Licensed Product, as a result of activities hereunder.

  • No obligation to monitor No Finance Party is bound to monitor or verify the utilisation of a Facility.

  • No Obligations Nothing herein contained shall impose any obligation or liability on the Mortgages Trustee to assume or perform any of the obligations of the Administrator hereunder or render it liable for any breach hereof.

  • Liability to Third Parties The Member will not have any personal liability for any obligations or liabilities of the Company, whether such liabilities arise in contract, tort or otherwise.

  • No Third Parties Except as specifically provided herein, no third party shall be benefited by any of the provisions of this Amendment; nor shall any such third party have the right to rely in any manner upon any of the terms hereof, and none of the covenants, representations, warranties or agreements herein contained shall run in favor of any third party.

  • No Obligation to Mitigate Executive shall not be required to seek other employment or otherwise to mitigate Executive's damages upon any termination of employment; provided, however, that, to the extent Executive receives from a subsequent employer health or other insurance benefits that are substantially similar to the benefits referred to in Section 5(b) hereof, any such benefits to be provided by the Company to Executive following the Term shall be correspondingly reduced.

  • Disclosure to Third Parties The Company shall have the right to disclose to third parties, in whatever manner the Company may determine, the fact that this Agreement has been executed, the names of the parties to this Agreement and the terms hereof.

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