Parties and Interests. All the terms and provisions of this Agreement shall be binding upon, shall inure to the benefit of and shall be enforceable by the respective heirs, beneficiaries, representatives, successors and permitted assigns of the parties hereto.
Parties and Interests. This Agreement is intended only to benefit the Parties hereto and does not create any rights, benefits or causes of action for any other person, entity or member of the general public. The Parties are associated with each other only for the purposes and to the extent set forth in this Agreement, and in respect to performance of services pursuant to this Agreement, the Parties are and shall be a separate and distinct from the other. Nothing contained in this Agreement shall be deemed or construed to create a partnership or joint venture, to create relationships of an employer-employee or principal-agent or to otherwise create any liability for one agency whatsoever with respect to the indebtedness, liabilities, and obligations of the other agency or any other.
Parties and Interests. This Agreement shall not bestow any rights upon any third party, but rather shall bind and benefit the COUNTY and the LICENSEE only.
Parties and Interests. This Agreement is made solely for the benefit of the parties to this Agreement and their permitted assignees, and no other person, partnership, association, or corporation shall acquire or have any rights under this Agreement or by virtue of this Agreement.
Parties and Interests. This Agreement is made solely for the benefit of the parties hereto, the Trustee and the owners of the Bonds and no other person, partnership, association or corporation shall acquire or have any rights hereunder or by virtue hereof.
Parties and Interests. It is not intended by this Agreement to, and nothing contained in this Agreement shall, create any partnership, joint venture, or any other arrangement between the County and the Licensee, except as specifically provided herein. No term or provision of this Agreement is intended to benefit any person, partnership, corporation, or other entity not a party hereto (including, without limitation, any broker), and no person, partnership, corporation, or entity shall have any rights established or causes of action hereunder.
Parties and Interests. Subject to subsection 13(D) below, this Agreement will inure to the benefit of and be binding upon Seller and Purchaser and their respective successors and assigns. However, no assignment by any Party will relieve any Party of any duties or obligations under this Agreement.
Parties and Interests. The interest of each Party hereto in and to the Cumberland Prospect Area (“Cumberland Prospect Area Interest”) shall be as follows: Ohio Cumberland 35 % GEM 65 % Notwithstanding the interests of the Parties set forth above, Ohio Cumberland owns 100% of the Leases and Agreements subject to GEM’s right to earn interest in the Leases and Agreements as a result of GEM’s full participation in Phase II and Phase III and full compliance with the terms of this Agreement.
Parties and Interests. The interest of each Party hereto in and to the Triangle Prospect Area (“Triangle Prospect Area Interest”) shall be as follows: Ohio Triangle 35% GEM 65% Notwithstanding the interests of the Parties set forth above, Ohio Triangle owns 100% of the Leases subject to GEM’s right to earn interest in the Leases as a result of GEM’s full participation in Phase II and Phase III and full compliance with the terms of this Agreement.
Parties and Interests. The interest of each Party hereto in and to the Xxxxx Prospect Area (“Xxxxx Prospect Area Interest”) shall be as follows: Indiana Xxxxx 35% GEM 65% Notwithstanding the interests of the Parties set forth above, Indiana Xxxxx owns 100% of the Leases and Agreements subject to GEM’s right to earn interest in the Leases and Agreements as a result of GEM’s full participation in Phase II and Phase III and full compliance with the terms of this Agreement.
