Common use of No Other Party Beneficiary Clause in Contracts

No Other Party Beneficiary. This Agreement is for the sole benefit of Agent, Lenders and their successors and assigns, and is not for the benefit of any other party. Nothing contained in this Agreement shall be deemed to confer upon anyone other than Agent, Lenders and their successors and assigns any right to insist upon or to enforce the performance or observance of any of the obligations contained herein.

Appears in 5 contracts

Samples: Recourse Liability Agreement (Ashford Hospitality Prime, Inc.), Supplemental Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.), Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.)

AutoNDA by SimpleDocs

No Other Party Beneficiary. This Agreement is for the sole benefit of Agent, Lenders and their successors and assigns, and is not for the benefit of any other party. Nothing contained in this Agreement shall be deemed to confer upon anyone other than Agent, Lenders and their successors and assigns any right to insist upon or to enforce the performance or observance of any of the obligations contained herein.. 62526569 10

Appears in 1 contract

Samples: Recourse Liability Agreement (Ashford Hospitality Prime, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.