Common use of No Third-Party Beneficiaries or Right to Rely Clause in Contracts

No Third-Party Beneficiaries or Right to Rely. Notwithstanding anything to the contrary in this Agreement or any Ancillary Agreement, (a) nothing in this Agreement or any Ancillary Agreement is intended to or shall create for or grant to any third Person any rights or remedies whatever, as a third party beneficiary or otherwise; (b) no third Person is entitled to rely on any of the representations, warranties, covenants or agreements contained herein or in any Ancillary Agreement; and (c) no party hereto or to any Ancillary Agreement shall incur any liability or obligation to any third Person because of any reliance by such third Person on any representation, warranty, covenant or agreement herein or in any Ancillary Agreement.

Appears in 4 contracts

Samples: Separation and Distribution Agreement (Axcelis Technologies Inc), Transitional Services Agreement (Axcelis Technologies Inc), Transitional Services Agreement (Axcelis Technologies Inc)

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