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.
AutoNDA by SimpleDocs

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 Xxxxxxx agrees that Grantor shall have no liability to Grantee when Grantor acts in good faith to redirect all or a portion of any Grantee payment to a third party. Grantor will be deemed to have acted in good faith when it is in possession of information that indicates Grantee authorized Grantor to intercept or redirect payments to a third party or when so ordered by a court of competent jurisdiction.

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

  • No Obligations This Contract does not create any express or implied obligation that the City: i) reserve or create water or wastewater treatment capacity; ii) approve a permit or connection, which shall be granted only upon compliance with all requirements of law, including City Requirements; iii) offer utility services to any user within the Project; iv) provide a particular quantity. quality, or pressure for the water serving the Project; v) waive or not charge fees that are otherwise applicable pursuant to City Requirements; or vi) approve annexation of the Property or a particular zoning of the Property.

  • Liability to Third Parties The Member shall not be liable for the debts, obligations or liabilities of the Company, including under a judgment, decree or order of a court.

  • No Third Parties Nothing in this Agreement is intended to, nor shall it confer any rights on a 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.

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