Common use of Parties' Interest Clause in Contracts

Parties' Interest. This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and, except for the rights of Indemnified Parties as set forth in Section 7.5, nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Niagara Mohawk Power Corp /Ny/), Agreement and Plan of Merger (National Grid Group PLC), Agreement and Plan of Merger (National Grid Group PLC)

AutoNDA by SimpleDocs

Parties' Interest. This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and, except for the (i) rights of Indemnified Parties as set forth in Section 7.57.5 and (ii) third-party beneficiary rights of any individual with respect to his or her severance agreement pursuant to Section 7.9(c), nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Public Service Co of North Carolina Inc), Agreement and Plan of Merger (Scana Corp), Agreement and Plan of Merger (South Carolina Electric & Gas Co)

Parties' Interest. This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and, except for the rights of Indemnified Parties as set forth in Section 7.5, nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Cybex International Inc), Agreement and Plan of Merger (Western Resources Inc /Ks), Agreement and Plan of Merger (Kansas City Power & Light Co)

Parties' Interest. This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and, except for the rights of Indemnified Parties as set forth in Section 7.59.5, nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Kansas City Power & Light Co), And Restated Agreement and Plan of Merger (Kansas Gas & Electric Co /Ks/), Agreement and Plan of Merger (Western Resources Inc /Ks)

Parties' Interest. This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and, except for the rights of Indemnified Parties as set forth in Section 7.5, nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies of any nature whatsoever under or by reason of this Agreement, except as provided in Section 7.5, 7.8 and 7.9 hereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Apartment Investment & Management Co), Agreement and Plan of Merger (Ambassador Apartments Inc)

AutoNDA by SimpleDocs

Parties' Interest. This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and, except for the rights of Indemnified Parties as set forth in Section 7.5, and nothing in this Agreement, express or implied, is intended to confer upon any other person any Person and rights or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 1 contract

Samples: Consent and Voting Agreement (Apartment Investment & Management Co)

Parties' Interest. This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and, except for the rights of Indemnified Parties as set forth in Section 7.5, and nothing in this Agreement, express or implied, is intended to confer upon any other person Person any rights or remedies of any nature whatsoever under or by reason of this Agreement, except that the directors, officers and general partners covered by the insurance referred to in Section 7.13 shall have the right to enforce such provisions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Apartment Investment & Management Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!