Parties Benefitted Sample Clauses
The "Parties Benefitted" clause defines which individuals or entities are entitled to receive benefits or enforce rights under the agreement. Typically, this clause specifies that only the named parties to the contract, and sometimes their permitted successors or assigns, have legal standing to claim benefits or enforce obligations. For example, it may clarify that third parties who are not signatories to the contract cannot sue to enforce its terms. The core function of this clause is to prevent unintended third-party claims and ensure that only those directly involved in the agreement have enforceable rights, thereby providing certainty and limiting potential legal disputes.
Parties Benefitted. Nothing in this Agreement, express or implied, is intended to confer upon any third party any rights, remedies, obligations or liabilities.
Parties Benefitted. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the Company and any parent, subsidiary or other affiliate of the Company, and their respective successors and assigns, and shall be binding upon and inure to the benefit of you and your heirs, executors and administrators.
Parties Benefitted. The provisions of this Section 3.5 are intended to be for the benefit of, and shall be enforceable by, each Indemnified Party, his or her heirs and his or her representatives, and shall survive the Effective Time and any merger, consolidation or reorganization of Survivor, including the Restructuring.
Parties Benefitted. All agreements and obligations of the Company contained herein shall continue during the period the Indemnitee is a director, officer, employee, agent, or trustee of the Company or while a director, officer, employee, agent, or trustee is serving at the request of the Company as a director, officer, employee, agent, or trustee of another corporation or of a partnership, joint venture, trust, or other enterprise, including service with respect to an employee benefit plan, and shall continue thereafter with respect to any possible claims based on the fact that the Indemnitee was a director, officer, employee, agent, or trustee of the Company or was serving at the request of the Company as a director, officer, employee, agent, or trustee of another corporation or of a partnership, joint venture, trust, or other enterprise, including service with respect to an employee benefit plan. This Agreement shall be binding upon all successors and assigns of the Company (including any transferee of all or substantially all of its assets and any successor by merger or operation of law) and shall inure to the benefit of the Indemnitee’s heirs, executors, and administrators.
Parties Benefitted. This Agreement is made and entered into for the sole protection and benefit of the Lessee, Government and Trustee and their permitted successors and assigns. Nothing expressly contained herein or to be implied from this Agreement is in‐ tended or shall be construed to give any person or company other than the Parties hereto any legal or equitable right, remedy or claim under or with respect to this Agreement or any cove‐ nants, conditions and provisions herein contained.
Parties Benefitted. This Agreement benefits and binds the Parties, as well as their respective successors and assigns. The Parties acknowledge and agree that this Agreement is for the benefit of the Parties and that there are no third-party beneficiaries of this Agreement. Nothing herein expressed or implied is intended to give or will be construed to confer upon any person other than the Parties hereto, and their permitted successors or assigns, any rights or remedies under or by reason of this Agreement.
Parties Benefitted. Nothing in this Agreement, express or implied, is ------------------ intended to confer upon any third party any rights, remedies, obligations or liabilities. [COUNTERPART SIGNATURE PAGES ATTACHED] SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT -----------------------------------------------
Parties Benefitted. Nothing in this Agreement is intended to or shall be construed to confer upon or to give to any person or party other than the State, the Developer, SJTA and the Escrow Agent, any rights, remedies or claims under or by reason of this Agreement and this Agreement shall be for the sole and exclusive benefit of the State, the Developer, SJTA and the Escrow Agent. All the covenants, promises and agreements in this Agreement contained by or on behalf of the State, SJTA, the Developer or the Escrow Agent shall bind and inure to the benefit of their respective successors and assigns, whether so expressed or not.
Parties Benefitted. Nothing in this Agreement whether express or implied, is intended to confer any rights or remedies under or by reason of this Agreement on any persons other than the parties hereto and their respective successors and assigns, nor is anything in this Agreement intended to relieve or discharge the obligation or liability of any third persons to any party to this Agreement, nor shall any provisions give any third persons any right of subrogation or action over or against any party to this Agreement. NOTE: WHERE USED IN THIS EXHIBIT, [***] INDICATES MATERIAL WHICH HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT WHICH HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION.
Parties Benefitted. Nothing in this Agreement, express or implied, is intended to confer upon any third party any rights, remedies, obligations or liabilities. (the remainder of this page is left intentionally blank)