No Partnership; Third Parties. Nothing contained in this Agreement shall be construed in a manner to create any relationship between the Guarantor and any of the Lenders other than the relationship of guarantor and lenders and the Guarantor and the Lenders shall not be considered partners or co-venturers for any purpose. The terms and provisions of this Agreement are for the benefit of the Lenders and their respective successors, assigns, endorsees and transferees and all persons claiming under or through it and no other person shall have any right or cause of action on account thereof. The Lenders have no obligation to make any advance of any Loans for the benefit of the Guarantor; the Guarantor has no beneficial interest in the proceeds of the Loans or rights or claims under the Financing Agreement or any of the other Financing Documents. The obligations and liabilities of the Guarantor shall in no manner be affected by the actual use of the proceeds of the Loans or whether the Lenders waive any or all of the conditions to advances set forth in the Financing Agreement.
No Partnership; Third Parties. This Agreement does not create any partnership, joint venture or other arrangement between the Parties. This Agreement is not for the benefit of any non-party, and no third party has any right or cause of action under this Agreement.
No Partnership; Third Parties. It is not intended by this Agreement to, and nothing contained in this Agreement shall, create any partnership, joint venture or other arrangement between Developer and the City. No term or provision of this Agreement is intended to, or shall, be for the benefit of any person, firm, organization or corporation not a party hereto, and no such other person, firm, organization or corporation shall have any right or cause of action hereunder.
No Partnership; Third Parties. It is not intended by this LDA to, and nothing contained in this LDA shall, create any partnership, joint venture or other arrangement among the Parties hereto. No term or provision of this LDA is intended to, or shall, be for the benefit of any person, firm, organization or corporation not a Party hereto, and no such other person, firm, organization or corporation shall have any right or cause of action hereunder.
No Partnership; Third Parties. It is hereby specifically understood, acknowledged and agreed that neither City nor Master Xxxxxxxxx shall be deemed to be an agent of the other for any purpose whatsoever. It is not intended by this Agreement to, and nothing contained in this Agreement shall, create any partnership, joint venture or other arrangement between Master Developer and City. No term or provision of this Agreement is intended to, or shall, be for the benefit of any third-party, person, firm, organization or legal entity not a party hereto, and no such other third-party, person, firm, organization or legal entity shall have any right to cause of action hereunder.
No Partnership; Third Parties. Nothing contained in this Agreement shall create, or be deemed to create, any partnership, joint venture or other similar arrangement between the City and Eagle Shadow. No term or provision of this Agreement is intended to, or shall, be for the benefit of any person, firm, organization or corporation not a Party hereto, and no such other person, firm, organization or corporation shall have any right or standing to any cause of action hereunder, except for transferees or assignees to the extent they assume or succeed to the rights and obligations of Eagle Shadow following the full and complete performance of Eagle Shadow’s obligations as referenced in Sections 2.2, and except that the protection of the indemnification provisions of this Agreement shall extend to all agents, attorneys, Council members and employees of the City acting in the course and scope of their employment or engagement and all such persons shall be, and are intended to be, third party beneficiaries of such indemnification provisions.
No Partnership; Third Parties. Nothing contained in this Agreement shall create, or be deemed to create, any partnership, joint venture or other similar arrangement between the District and SNHU. No term or provision of this Agreement is intended to or shall be for the benefit of any person, firm, organization or corporation not a Party hereto, and no such other person, firm, organization or corporation shall have any right or standing to any cause of action hereunder; except that the protection of the indemnification provisions of this Agreement shall extend to all agents, attorneys, Board members, officers and employees of the District acting in the course and scope of their employment or engagement and all such persons shall be, and are intended to be, third party beneficiaries of such indemnification provisions.
No Partnership; Third Parties. Nothing contained in the Note or Mortgage shall be construed in a manner to create any relationship between Mortgagor and Mortgagee other than the relationship of borrower and lender and Mortgagor and Mortgagee shall not be considered partners or co-venturers for any purpose. The terms and provisions of the Note and this Mortgage are for the benefit of Mortgagor, Mortgagee and their respective successors, assigns, endorsees and transferees and all persons claiming under or through them, and no other person shall have any right or cause of action on account thereof.
No Partnership; Third Parties. Nothing contained in this Agreement shall be construed in a manner to create any relationship between the Guarantor and the Lender other than the relationship of guarantor and lender and the Guarantor and the Lender shall not be considered partners or co-venturers for any purpose. The terms and provisions of this Agreement are for the benefit of the Lender and its successors, assigns, endorsees and transferees and all persons claiming under or through it and no other person shall have any right or cause of action on account thereof.
No Partnership; Third Parties. Nothing contained in this Agreement shall be construed in a manner to create any relationship between the Guarantor and the Banks and the Agent other than the relationship of guarantor and lender and the Guarantor, the Banks and the Agent shall not be considered partners or co-venturers for any purpose. The terms and provisions of this Agreement are for the benefit of the Banks and the Agent and their successors, assigns, endorsees and transferees and all persons claiming under or through it and no other person shall have any right or cause of action on account thereof. The Banks and the Agent have no obligation to make any advance of any loan provided for in the Loan Agreement or otherwise for the benefit of the Guarantor; the Guarantor has no beneficial interest in the proceeds of any of the loans or otherwise under the Obligations or rights or claims under the Loan Agreement or any of the other Loan Documents. The obligations and liabilities of the Guarantor shall in no manner be affected by the actual use of the proceeds of the credit facilities under the Loan Agreement or otherwise or whether the Banks and the Agent waive any or all of the conditions to advances set forth in the Loan Agreement or any of the other Loan Documents.
