Common use of Reliance of Liquidity Providers Clause in Contracts

Reliance of Liquidity Providers. Each of the parties hereto agrees and acknowledges that each Liquidity Provider shall be a third party beneficiary of each of the representations and warranties made herein by such party, and that each Liquidity Provider may rely on such representations and warranties to the same extent as if such representations and warranties were made to such Liquidity Provider directly. The terms of this Agreement shall inure to the benefit of each Liquidity Provider, their respective successors and permitted assigns.

Appears in 10 contracts

Samples: Consent and Agreement (Federal Express Corp), Assignment and Assumption Agreement (Federal Express Corp), Consent and Agreement (Federal Express Corp)

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Reliance of Liquidity Providers. Each of the parties hereto agrees and acknowledges that each Liquidity Provider shall be a third party beneficiary of each of the representations and warranties made herein by such partyparty (and of each covenant herein made by such party to each Liquidity Provider), and that each Liquidity Provider may rely on such representations representations, warranties and warranties covenants to the same extent as if such representations representations, warranties and warranties covenants were made to such Liquidity Provider directly. The terms of this Agreement shall inure to the benefit of each Liquidity Provider, their respective successors and permitted assigns.. * * *

Appears in 2 contracts

Samples: Note Purchase Agreement (Midway Airlines Corp), Participation Agreement (Midway Airlines Corp)

Reliance of Liquidity Providers. Each of the parties ------------------------------- hereto agrees and acknowledges that each Liquidity Provider shall be a third party beneficiary of each of the representations and warranties made herein by such partyparty (and of each covenant herein made by such party to each Liquidity Provider), and that each Liquidity Provider may rely on such representations representations, warranties and warranties covenants to the same extent as if such representations representations, warranties and warranties covenants were made to such Liquidity Provider directly. The terms of this Agreement shall inure to the benefit of each Liquidity Provider, their respective successors and permitted assigns.. * * *

Appears in 1 contract

Samples: Note Purchase Agreement (Midway Airlines Corp)

Reliance of Liquidity Providers. Each of the parties ------------------------------- hereto agrees and acknowledges that each Liquidity Provider shall be a third party beneficiary of each of the representations and warranties made herein by such partyparty (and of each covenant herein made by such party to each Liquidity Provider), and that each Liquidity Provider may rely on such representations representations, warranties and warranties covenants to the same extent as if such representations representations, warranties and warranties covenants were made to such Liquidity Provider directly. The terms of this Agreement shall inure to the benefit of each Liquidity Provider, their respective successors and permitted assigns.

Appears in 1 contract

Samples: Participation Agreement (Midway Airlines Corp)

Reliance of Liquidity Providers. Each of the parties hereto agrees and acknowledges that each the Liquidity Provider Providers shall be a third party beneficiary beneficiaries of each of the representations and warranties made herein by such party, and that each the Liquidity Provider Providers may rely on such representations and warranties to the same extent as if such representations and warranties were made to such the Liquidity Provider Providers directly. The terms Owner agrees and acknowledges that the Liquidity Providers shall each be a third party beneficiary of this Agreement shall inure the indemnities contained in Section 7(c) hereof and may rely on such indemnities to the benefit of each same extent as if such indemnities were made to the Liquidity Provider, their respective successors and permitted assignsProviders directly.

Appears in 1 contract

Samples: Participation Agreement (Northwest Airlines Inc /Mn)

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Reliance of Liquidity Providers. Each of the parties hereto agrees and acknowledges that each Liquidity Provider shall be a third party beneficiary of each of the representations and warranties made herein by such partyparty (and of each covenant herein made by such party to each Liquidity Provider), and that each Liquidity Provider may rely on such representations representations, warranties and warranties covenants to the same extent as if such representations representations, warranties and warranties covenants were made to such Liquidity Provider directly. The terms of this Agreement shall inure to the benefit of each Liquidity Provider, their respective successors and permitted assigns.

Appears in 1 contract

Samples: Lease Agreement (Atlantic Coast Airlines Inc)

Reliance of Liquidity Providers. Each of the ------------------------------- parties hereto agrees and acknowledges that each Liquidity Provider shall be a third party beneficiary of each of the representations and warranties made herein by such partyparty (and of each covenant herein made by such party to each Liquidity Provider), and that each Liquidity Provider may rely on such representations representations, warranties and warranties covenants to the same extent as if such representations representations, warranties and warranties covenants were made to such Liquidity Provider directly. The terms of this Agreement shall inure to the benefit of each Liquidity Provider, their respective successors and permitted assigns.

Appears in 1 contract

Samples: Note Purchase Agreement (Midway Airlines Corp)

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