Common use of No Other Party Beneficiary Clause in Contracts

No Other Party Beneficiary. This Indemnity 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 Indemnity 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 3 contracts

Samples: Environmental Indemnity (Ashford Hospitality Prime, Inc.), Pledge and Security Agreement (KBS Real Estate Investment Trust, Inc.), Pledge and Security Agreement (Gramercy Capital Corp)

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No Other Party Beneficiary. This Indemnity 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 Indemnity 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.. 62526567 14

Appears in 1 contract

Samples: Environmental Indemnity (Ashford Hospitality Prime, Inc.)

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