Common use of Relation of the Parties; No Beneficiary Clause in Contracts

Relation of the Parties; No Beneficiary. No term, provision or requirement, whether express or implied, of any Loan Document, or actions taken or to be taken by any party thereunder, shall be construed to create a partnership, association, or joint venture between such parties or any of them. No term or provision of the Loan Documents shall be construed to confer a benefit upon, or grant a right or privilege to, any Person other than the parties thereto.

Appears in 35 contracts

Samples: Five Year Master Credit Agreement (Wisconsin Power & Light Co), Term Loan Credit Agreement (Alliant Energy Corp), Term Loan Credit Agreement (Alliant Energy Corp)

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Relation of the Parties; No Beneficiary. No term, provision or requirement, whether express or implied, of any Loan Document, or actions taken or to be taken by any party thereunder, shall be construed to create a partnership, association, or joint venture between such parties or any of them. No term or provision of the any Loan Documents Document shall be construed to confer a benefit upon, or grant a right or privilege to, any Person other than the parties theretohereto.

Appears in 14 contracts

Samples: Credit Agreement (Northeast Utilities), Credit Agreement (Western Massachusetts Electric Co), Credit Agreement (Western Massachusetts Electric Co)

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Relation of the Parties; No Beneficiary. No term, provision or requirement, whether express or implied, of any Loan Document, or actions taken or to be taken by any party thereunder, shall be construed to create a partnership, association, or joint venture between such parties or any of them. No term or provision of the Loan Documents shall be construed to confer a benefit upon, or grant a right or privilege to, any Person other than the parties theretohereto.

Appears in 2 contracts

Samples: Term Credit Agreement (Northeast Utilities System), Term Credit Agreement (Northeast Utilities System)

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