Common use of Parties in Interest; Third Party Beneficiaries Clause in Contracts

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, that (i) the Company is an express third party beneficiary of this Agreement and shall have the enforcement rights provided in Section 5 of this Agreement and no others, and (ii) any Non-Recourse Party may rely on and enforce the provisions of Section 3 hereof.

Appears in 4 contracts

Samples: Letter Agreement (Chindex International Inc), Letter Agreement (TPG Asia Advisors VI, Inc.), Letter Agreement (TPG Asia Advisors VI, Inc.)

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Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the Guarantor (on behalf of the Purchaser) and the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent Purchaser to enforce, the obligations set forth herein; provided, however, that (i) the Company has relied on this Agreement and, accordingly, the Company is an express third third-party beneficiary of this Agreement hereof and shall have the enforcement rights provided described in Section 5 of this Agreement and no others, and (ii) any Non-Recourse Party may rely on and enforce the provisions of Section 3 4 hereof.

Appears in 3 contracts

Samples: Letter Agreement (RealD Inc.), Letter Agreement, Letter Agreement (Lewis Michael V)

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this AgreementLetter, and this Agreement Letter is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, that (ia) the Company is an express third third-party beneficiary of this Agreement of, and shall have the enforcement rights provided in in, clause (b) of Section 5 of this Agreement and no othersLetter, and (iib) any Non-Recourse Party may rely on and enforce the provisions of Section 3 6 hereof.

Appears in 3 contracts

Samples: Letter Agreement (Covetrus, Inc.), Letter Agreement (Covetrus, Inc.), Letter Agreement (Covetrus, Inc.)

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party parties hereto and its their respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the Sponsors and the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, that (i) the Company is an express third third-party beneficiary hereof and shall have the right directly to enforce specifically the terms and provisions of this Agreement against the Equity Providers in accordance with the terms of this Agreement and shall have the enforcement rights provided in Section 5 of this Agreement and no others, and (ii) any Non-Recourse Party may rely on and enforce the provisions of Section 3 hereofMerger Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Quest Software Inc), Letter Agreement (Quest Software Inc), Letter Agreement (Insight Holdings Group, LLC)

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party parties hereto and its their respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, that (i) the Company is an express third third-party beneficiary of this Agreement hereof and shall have the enforcement rights provided in Section 5 4 and Section 8.8 of this Agreement and no others, and (ii) any Non-Recourse Party may rely on and enforce the provisions of Section 3 hereofMerger Agreement.

Appears in 2 contracts

Samples: Letter Agreement (Insight Holdings Group, LLC), Letter Agreement (Insight Holdings Group, LLC)

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the Sponsors and the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, that (i) the Company is an express third third-party beneficiary of this Agreement hereof and shall have the enforcement rights provided in Section 5 right directly to enforce specifically the terms and provisions of this Agreement and no others, and (ii) any Non-Recourse Party may rely on and enforce against the provisions of Section 3 hereofEquity Providers.

Appears in 2 contracts

Samples: Letter Agreement (J Crew Group Inc), Letter Agreement (J Crew Group Inc)

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, provided that (i) the Company is an express third third-party beneficiary of this Agreement hereof and shall have the enforcement rights provided in Section 5 of this Agreement and no others, others and (ii) any each of the Non-Recourse Party may rely on and enforce Parties (as defined in the provisions Limited Guaranty) is an express third-party beneficiary hereof solely for purposes of Section 3 hereof3.

Appears in 1 contract

Samples: Letter Agreement (J Crew Group Inc)

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements This Agreement shall be binding upon and obligations set forth herein are inure solely for to the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns assigns, and nothing express or implied in this Agreement is intended to, or shall, confer upon any other Person any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; , provided, however, that (i) the Company is an express third party beneficiary of this Agreement and shall have the enforcement rights provided in Section 5 of this Agreement Agreement, and no others, and (ii) each Non-Recourse Party is an express third-party beneficiary hereof and any Non-Recourse Party may rely on and enforce the provisions of Section 3 6 hereof.

Appears in 1 contract

Samples: Letter Agreement (Exactech Inc)

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Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, that (i) the Company is an express third third-party beneficiary of this Agreement hereof and shall have the enforcement rights provided in Section 5 of and no others under this Agreement and no others, and (ii) any each of the Non-Recourse Party may rely on and enforce Parties (as defined in the provisions Limited Guaranty) is an express third-party beneficiary hereof solely for purposes of Section 3 hereof3.

Appears in 1 contract

Samples: Letter Agreement (IVD Acquisition Corp)

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, that (i) the Company is an express third third-party beneficiary of this Agreement hereof and shall have the enforcement rights provided in Section 5 of this Agreement and no others, others and (ii) any each of the Non-Recourse Party may rely on and enforce Parties (as defined in the provisions Limited Guaranty) is an express third-party beneficiary hereof solely for purposes of Section 3 hereof3.

Appears in 1 contract

Samples: Letter Agreement (J Crew Group Inc)

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, that (i) the Company is an express third party beneficiary of this Agreement and shall have the enforcement rights provided in Section 5 of this Agreement and no others, and (ii) any Non-Recourse Party may rely on and enforce the provisions of Section 3 hereofAgreement.

Appears in 1 contract

Samples: Letter Agreement (Sham John C.K.)

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party hereto and its respective successors and permitted assigns, in accordance with and subject to the terms of this Letter Agreement, and this Letter Agreement is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent to enforce, the obligations set forth herein; provided, that (ia) the Company is an express third third-party beneficiary of this Letter Agreement and shall have the enforcement rights provided in clause (b) of Section 5 of this Letter Agreement and no others, and (iib) any Non-Recourse Party may rely on and enforce the provisions of Section 3 hereof.

Appears in 1 contract

Samples: Letter Agreement

Parties in Interest; Third Party Beneficiaries. The parties hereto hereby agree that their respective agreements and obligations set forth herein are solely for the benefit of the other party parties hereto and its their respective successors and permitted assigns, in accordance with and subject to the terms of this Agreementletter agreement, and this Agreement letter agreement is not intended to, and does not, confer upon any Person other than the parties hereto and their respective successors and permitted assigns any benefits, rights or remedies under or by reason of, or any rights to enforce or cause Parent Purchaser to enforce, the obligations set forth herein; provided, however, that (i) the Company relied on this letter agreement and, accordingly, the Company is an express third third-party beneficiary of this Agreement hereof and shall have the enforcement rights provided described in Section 5 of this Agreement and no others, and (ii) any Non-Recourse Party may rely on and enforce the provisions of Section 3 4 hereof.

Appears in 1 contract

Samples: RealD Inc.

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