We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Relation of the Parties 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 any Loan Document shall be construed to confer a benefit upon, or grant a right or privilege to, any Person other than the parties hereto.

Appears in 8 contracts

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

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 any the Loan Document Documents shall be construed to confer a benefit upon, or grant a right or privilege to, any Person other than the parties hereto.

Appears in 7 contracts

Samples: Letter of Credit and Reimbursement Agreement (North Atlantic Energy Corp /Nh), Term Loan Agreement (CMS Energy Corp), Letter of Credit and Reimbursement Agreement (North Atlantic Energy Corp /Nh)

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 any the Loan Document Documents shall be construed to confer a benefit upon, or grant a right or privilege to, any Person other than the parties heretothereto.

Appears in 5 contracts

Samples: Credit Agreement (Interstate Power & Light Co), Credit Agreement (Ies Utilities Inc), 364 Day Credit Agreement (Commonwealth Edison Co)

Relation of the Parties. No Beneficiary. No term, provision or requirement, whether express or implied, of any Loan Financing 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 any Loan Financing Document shall be construed to confer a benefit upon, or grant a right or privilege to, any Person other than the parties heretothereto.

Appears in 2 contracts

Samples: Common Agreement (Ica Corporation Holding Co), Common Agreement (Ica Corp)

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 any the Loan Document Documents shall be construed con- strued to confer a benefit upon, or grant a right or privilege to, any Person other than the parties hereto.

Appears in 1 contract

Samples: Term Credit Agreement (North Atlantic Energy Corp /Nh)