Common use of No Third Party Beneficiaries; Successors and Assigns Clause in Contracts

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower is the intended beneficiary and third party beneficiary hereof with the right and power to enforce with respect to Sections 5.1, 5.3, 5.7, 9.3, 9.16 and 9.20 and Article VI hereof and as otherwise provided herein.

Appears in 5 contracts

Samples: Credit Agreement (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

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No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower and each Grantor is the an intended beneficiary and third party beneficiary hereof with the right and power to enforce with respect to Sections 5.1, 5.2, 5.3, 5.78.3, 9.3, 9.16 8.16 and 9.20 8.22 and Article VI hereof and as otherwise provided herein.

Appears in 3 contracts

Samples: Intercreditor Agreement (Aeroways, LLC), Credit Agreement (Aeroways, LLC), Credit Agreement (Cke Restaurants Inc)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims ABL Obligations and Second Priority ClaimsTerm Loan/Notes Obligations. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing; provided, that, the Borrower is and the intended beneficiary and other Grantors shall be express third party beneficiary hereof with beneficiaries of, and shall be entitled to rely on and enforce the right provisions of, Sections 6.1, 6.3(d), 6.9 and power to enforce with respect to Sections 5.1, 5.3, 5.7, 9.3, 9.16 and 9.20 and Article VI hereof and as otherwise provided herein9.

Appears in 3 contracts

Samples: Abl Intercreditor Agreement (Community Health Systems Inc), Abl Intercreditor Agreement (Community Health Systems Inc), Abl Credit Agreement (Community Health Systems Inc)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender ABL Claims and Second Priority Term Loan Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing; provided, that, the Borrower is and the intended beneficiary and other Grantors shall be express third party beneficiary hereof with beneficiaries of, and shall be entitled to rely on and enforce the right provisions of, Sections 6.1, 6.3(d), 6.9 and power to enforce with respect to Sections 5.1, 5.3, 5.7, 9.3, 9.16 and 9.20 and Article VI hereof and as otherwise provided herein9.

Appears in 3 contracts

Samples: Senior Lien Term Loan Credit Agreement (Forterra, Inc.), Junior Lien Term Loan Credit Agreement (Forterra, Inc.), Abl Credit Agreement (Forterra, Inc.)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower Company is the an intended beneficiary and third party beneficiary hereof with the right and power to enforce with respect to Sections 5.1, 5.3, 5.7, 9.38.3, 9.16 8.16 and 9.20 8.22 and Article VI hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Intercreditor Agreement (Harrahs Entertainment Inc)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower is the an intended beneficiary and third party beneficiary hereof with the right and power to enforce with respect to Sections 5.1, 5.35.2, 5.75.3(b), 9.38.3, 9.16 8.16, 8.19 and 9.20 8.22 and Article VI VII hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Intercreditor Agreement (Matthews International Corp)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower is the an intended beneficiary and third party beneficiary hereof with the right and power to enforce with respect to Sections 5.1, 5.3, 5.7, 9.38.3, 9.16 8.16 and 9.20 8.22 and Article VI hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Credit Agreement (Caesars Acquisition Co)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower Company is the an intended beneficiary and third party beneficiary hereof with the right and power to enforce with respect to Sections 5.1, 5.3, 5.78.3, 9.3, 9.16 8.16 and 9.20 8.21 and Article VI hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Intercreditor Agreement (GMX Resources Inc)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower Company is the an intended beneficiary and third party beneficiary hereof with the right and power to enforce with respect to Sections 5.1, 5.35.2, 5.75.3(b), 9.38.3, 9.16 8.16, 8.19 and 9.20 8.22 and Article VI VII hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Intercreditor Agreement (SeaWorld Entertainment, Inc.)

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No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims First Lien Obligations and Second Priority ClaimsLien Obligations. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower is the Company and any other Grantor are intended beneficiary beneficiaries and third party beneficiary beneficiaries hereof with the right and power to enforce with respect to Sections 3.2, 5.1, 5.35.2, 5.75.3(b), 9.36.1, 9.16 6.3, 8.3, 8.10, 8.11, 8.16, 8.19 and 9.20 8.22 and Article VI VII hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Intercreditor Agreement (United Rentals Inc /De)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower is Issuer and the other Grantors are the intended beneficiary beneficiaries and the third party beneficiary beneficiaries hereof with the right and power to enforce with respect to Sections 5.1, 5.35.2, 5.75.3(b), 9.38.3, 9.16 8.16, 8.19 and 9.20 8.22 and Article VI VII hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Notes Intercreditor Agreement (TAMINCO ACQUISITION Corp)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower is the Grantors are intended beneficiary beneficiaries and third party beneficiary beneficiaries hereof with the right and power to enforce with respect to Sections 5.1, 5.2, 5.3, 5.7, 9.35.8, 9.16 8.3, 8.16, 8.19 and 9.20 8.22 and Article VI VII hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Intercreditor Agreement (Sampson Simulator, LLC)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower Company is the an intended beneficiary and third party beneficiary hereof with the right and power to enforce with respect to Sections 5.1, 5.3, 5.7, 9.38.3 (solely with respect to the final sentence thereof), 9.16 8.16 and 9.20 and Article VI 8.22 hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Intercreditor Agreement (Quality Distribution Inc)

No Third Party Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of each of, and be binding upon, the holders of Senior Lender Claims and Second Priority Claims. No other Person shall have or be entitled to assert rights or benefits hereunder. Notwithstanding the foregoing, the Borrower is the Borrowers are intended beneficiary beneficiaries and third party beneficiary beneficiaries hereof with the right and power to enforce with respect to Sections 5.1, 5.3, 5.7, 9.3, 9.16 and 9.20 and Article VI hereof and as otherwise provided herein.

Appears in 1 contract

Samples: Credit Agreement (RBS Global Inc)

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