Common use of SUCCESSORS AND PARTIES IN INTEREST Clause in Contracts

SUCCESSORS AND PARTIES IN INTEREST. This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors, and no other person shall have any right or obligation hereunder. This Agreement has been and is made solely for the benefit of the Manager and the Company and, to the extent provided in Section 7 of this Agreement, the officers, directors, employees, agents and controlling persons referred to in Section 7 and their respective successors, assigns, heirs, personal representatives and executors and administrators. No other person shall acquire or have any right under or by virtue of this Agreement.

Appears in 6 contracts

Samples: Terms Agreement (Teekay Corp), Terms Agreement (Teekay Corp), Terms Agreement (Dorian LPG Ltd.)

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SUCCESSORS AND PARTIES IN INTEREST. This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors, and no other person shall have any right or obligation hereunder. This Agreement has been and is made solely for the benefit of the Manager Managers and the Company and, to the extent provided in Section 7 of this Agreement, the officers, directors, employees, agents and controlling persons referred to in Section 7 and their respective successors, assigns, heirs, personal representatives and executors and administrators. No other person shall acquire or have any right under or by virtue of this Agreement.

Appears in 2 contracts

Samples: Terms Agreement (International Seaways, Inc.), Terms Agreement (International Seaways, Inc.)

SUCCESSORS AND PARTIES IN INTEREST. This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors, and no other person shall have any right or obligation hereunder. This Agreement has been and is made solely for the benefit of the Manager and the Company Partnership and, to the extent provided in Section 7 of this Agreement, the officers, directors, employees, agents and controlling persons referred to in Section 7 and their respective successors, assigns, heirs, personal representatives and executors and administrators. No other person shall acquire or have any right under or by virtue of this Agreement.

Appears in 2 contracts

Samples: Terms Agreement (Teekay Offshore Partners L.P.), Terms Agreement (Teekay LNG Partners L.P.)

SUCCESSORS AND PARTIES IN INTEREST. This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors, and no other person shall have any right or obligation hereunder. This Agreement has been and is made solely for the benefit of the Manager Agent and the Company and, to the extent provided in Section 7 of this Agreement, the officers, directors, employees, agents and controlling persons referred to in Section 7 and their respective successors, assigns, heirs, personal representatives and executors and administrators. No other person shall acquire or have any right under or by virtue of this Agreement.

Appears in 1 contract

Samples: Equity Distribution Agreement (Borr Drilling LTD)

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SUCCESSORS AND PARTIES IN INTEREST. This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors, and no other person shall have any right or obligation hereunder. This Agreement has been and is made solely for the benefit of the Manager Managers and the Company Partnership Parties and, to the extent provided in Section 7 of this Agreement, the officers, directors, employees, agents agents, broker-dealer affiliates and controlling persons referred to in Section 7 and their respective successors, assigns, heirs, personal representatives and executors and administrators. No other person shall acquire or have any right under or by virtue of this Agreement.

Appears in 1 contract

Samples: Distribution Agreement (GasLog Partners LP)

SUCCESSORS AND PARTIES IN INTEREST. This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors, and no other person shall have any right or obligation hereunder. This Agreement has been and is made solely for the benefit of the Manager Agents and the Company and, to the extent provided in Section 7 of this Agreement, the officers, directors, employees, agents agents, broker-dealer affiliates and controlling persons referred to in Section 7 and their respective successors, assigns, heirs, personal representatives and executors and administrators. No other person shall acquire or have any right under or by virtue of this Agreement.

Appears in 1 contract

Samples: Terms Agreement (Ferroglobe PLC)

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