Common use of Relationship of Parties; No Third Party Beneficiaries Clause in Contracts

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties and the Holders. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties hereto. No person other than a party hereto is intended to be a beneficiary hereof and no person other than a party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 7 contracts

Samples: Forbearance Agreement (CBL & Associates Limited Partnership), Forbearance Agreement (McDermott International Inc), Forbearance Agreement (McDermott International Inc)

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Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties Issuer and the HoldersGuarantors, on the one hand, and the Forbearing Noteholders, on the other hand. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties Parties hereto. No person other than a party Party hereto is intended to be a beneficiary hereof and no person other than a party Party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 4 contracts

Samples: Noteholder Forbearance Agreement (GTT Communications, Inc.), Forbearance Agreement (GTT Communications, Inc.), Forbearance Agreement (GTT Communications, Inc.)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties and the HoldersHolders or the Trustee. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties hereto. No person other than a party hereto is intended to be a beneficiary hereof and no person other than a party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 2 contracts

Samples: Forbearance (Memorial Production Partners LP), Forbearance (Memorial Production Partners LP)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties Borrowers and the HoldersForbearing Lenders. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties heretoParties. No person other than a party Party hereto is intended to be a beneficiary hereof and no person other than a party Party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 2 contracts

Samples: Fourth Lender Forbearance Agreement (GTT Communications, Inc.), Third Lender Forbearance Agreement (GTT Communications, Inc.)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties Issuers, on the one hand, and the Forbearing Holders, on the other hand. This Agreement is not intended, nor shall it be construed, to create a partnership fiduciary, partnership, or joint venture relationship between or among any of the parties Parties hereto. No person other than a party Party hereto is intended to be a beneficiary hereof and no person other than a party Party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 2 contracts

Samples: Forbearance Agreement (Mallinckrodt PLC), Forbearance Agreement (Mallinckrodt PLC)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Loan Parties and the HoldersLender. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties hereto. No person Person other than a party hereto is intended to be a beneficiary hereof and no person Person other than a party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 1 contract

Samples: Forbearance Agreement and Third (Industrial Services of America Inc)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note among Loan Parties and the HoldersAdministrative Agent, Co-Collateral Agents and Lenders. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties hereto. No person Person other than a party hereto is intended to be a beneficiary hereof and no person Person other than a party hereto shall be authorized to rely upon or enforce the contents terms of this Agreement.

Appears in 1 contract

Samples: Security Agreement (Freds Inc)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties Borrowers and the HoldersLenders party hereto. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties Parties hereto. No person other than a party Party hereto is intended to be a beneficiary hereof and no person other than a party Party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 1 contract

Samples: Forbearance Extension Agreement (GTT Communications, Inc.)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties and the Holders. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties hereto. No person other than a party hereto is intended to be a beneficiary hereof and no person other than a party hereto shall be authorized to rely upon or enforce the contents of this Agreement. Section 13.

Appears in 1 contract

Samples: Basic Energy Services Inc

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Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties Parent and the HoldersBorrowers, on the one hand, and the Forbearing Lenders, on the other hand. This Agreement is not intended, nor shall it be construed, to create a partnership fiduciary, partnership, or joint venture relationship between or among any of the parties Parties hereto. No person other than a party Party hereto is intended to be a beneficiary hereof and no person other than a party Party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 1 contract

Samples: Forbearance Agreement (Mallinckrodt PLC)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties and the HoldersHolder or the Trustee. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties hereto. No person other than a party hereto is intended to be a beneficiary hereof and no person other than a party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 1 contract

Samples: Cloud Peak Energy Inc.

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties and the Holdersparties. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties hereto. No person Person other than a party hereto is intended to be a beneficiary hereof and no person Person other than a party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 1 contract

Samples: Forbearance Agreement (Forbes Energy Services Ltd.)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties Borrowers and the HoldersForbearing Lenders. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties heretobound hereby. No person other than a party hereto the parties bound hereby is intended to be a beneficiary hereof and no person other than a party hereto the parties bound hereby shall be authorized to rely upon or enforce the contents of this Agreement. SECTION 16.

Appears in 1 contract

Samples: Credit Agreement (GTT Communications, Inc.)

Relationship of Parties; No Third Party Beneficiaries. Nothing in this Agreement shall be construed to alter the existing debtor-creditor relationship between the Note Parties Issuer and the Holders. This Agreement is not intended, nor shall it be construed, to create a partnership or joint venture relationship between or among any of the parties hereto. No person other than a party hereto is intended to be a beneficiary hereof and no person other than a party hereto shall be authorized to rely upon or enforce the contents of this Agreement.

Appears in 1 contract

Samples: Forbearance Agreement (Gulfmark Offshore Inc)

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