Common use of Sole Benefit of Parties Clause in Contracts

Sole Benefit of Parties. This Agreement is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity shall have any right, benefit or interest under or because of the existence of this Agreement.

Appears in 9 contracts

Samples: Second Forbearance Agreement (Pacific Ethanol, Inc.), Forbearance Agreement (Pacific Ethanol, Inc.), Credit Agreement and Forbearance Agreement (Advanced Glassfiber Yarns LLC)

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Sole Benefit of Parties. This Agreement is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity Person shall have any right, benefit or interest under or because of the existence of this Agreement.

Appears in 3 contracts

Samples: Third Forbearance Agreement (Pacific Ethanol, Inc.), Second Limited Waiver and Forbearance Agreement (Pacific Ethanol, Inc.), Limited Waiver and Forbearance Agreement (Pacific Ethanol, Inc.)

Sole Benefit of Parties. This Agreement is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity Person shall have any right, benefit or interest under or because of the existence of this Agreement; provided, however, that each Released Party is an express third party beneficiary hereof.

Appears in 2 contracts

Samples: Forbearance Agreement and First Amendment (Vystar Corp), Forbearance Agreement and Amendment (Salton Inc)

Sole Benefit of Parties. This Agreement is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity shall have any right, benefit or interest under or because of the existence of this Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (PHC Inc /Ma/), Employment Agreement (PHC Inc /Ma/)

Sole Benefit of Parties. This Agreement is solely for the ----------------------- benefit of the parties hereto and their respective successors and assigns, and no other person or entity shall have any right, benefit or interest under or because of the existence of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Positron Corp)

Sole Benefit of Parties. This Agreement is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity shall have any right, benefit or interest under or because of the existence of this Agreement. 12.

Appears in 1 contract

Samples: Forbearance Agreement

Sole Benefit of Parties. This Agreement (including each Annex hereto) is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity Person shall have any right, benefit or interest under or because of the existence of this Agreement.

Appears in 1 contract

Samples: Forbearance Agreement (Film Department Holdings, Inc.)

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Sole Benefit of Parties. This Agreement is solely for the benefit of the parties hereto and their respective successors and assignsassigns (including the Financier and the other Lender Parties), and no other person or entity Person shall have any right, benefit or interest under or because of the existence of this Agreement.

Appears in 1 contract

Samples: Forbearance Agreement (International Thoroughbred Breeders Inc)

Sole Benefit of Parties. This Agreement is solely for the benefit of the parties hereto hereto, the Lenders and their respective successors and assigns, and no other person or entity Person shall have any right, benefit or interest under or because of the existence of this Agreement.

Appears in 1 contract

Samples: Forbearance Agreement (Panolam Industries International Inc)

Sole Benefit of Parties. This Forbearance Agreement is solely for the benefit of the parties hereto and their respective successors and assignsassigns (including the Financier and the other Lender Parties), and no other person or entity Person shall have any right, benefit or interest under or because of the existence of this Forbearance Agreement.

Appears in 1 contract

Samples: Forbearance Agreement (International Thoroughbred Breeders Inc)

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