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.)
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.)
No Other Party Beneficiary. This Agreement is for the sole benefit of Agent, Lenders and their successors and assignsthe Indemnified Parties, 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 the Indemnified Parties any right to insist upon or to enforce the performance or observance of any of the obligations contained herein.
Appears in 1 contract
Samples: Environmental Indemnity Agreement (Carter Validus Mission Critical REIT II, Inc.)
