Common use of Successors; Counterparts; Beneficiaries; Effectiveness Clause in Contracts

Successors; Counterparts; Beneficiaries; Effectiveness. This Agreement (i) shall be binding as to the executors, administrators, estates, heirs and legal successors of the Partners, (ii) may be executed in several counterparts with the same effect as if the parties executing the several counterparts had all executed one counterpart, and (iii) shall be effective on the Effective Date. Except as otherwise set forth in Section 8.01(a), no provision of this Agreement is intended to confer upon any Person other than the Parties hereto any rights or remedies hereunder. For the avoidance of doubt, the Existing Partnership Agreement shall remain in full force and effect until this amended and restated agreement has been fully executed and delivered and becomes effective on the Effective Date.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Host Hotels & Resorts L.P.)

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Successors; Counterparts; Beneficiaries; Effectiveness. This Agreement (i) shall be binding as to the executors, administrators, estates, heirs and legal successors of the Partners, (ii) may be executed in several counterparts with the same effect as if the parties executing the several counterparts had all executed one counterpart, and (iii) shall be effective on the Effective Date. For the avoidance of doubt, the Existing Partnership Agreement shall remain in full force and effect until the Effective Date has occurred. Except as otherwise set forth in Section 8.01(a), no provision of this Agreement is intended to confer upon any Person other than the Parties parties hereto any rights or remedies hereunder. For the avoidance of doubt, the Existing Partnership Agreement shall remain in full force and effect until this amended and restated agreement has been fully executed and delivered and becomes effective on the Effective Date.

Appears in 1 contract

Samples: Limited Partnership Agreement (Host Hotels & Resorts, Inc.)

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Successors; Counterparts; Beneficiaries; Effectiveness. This Agreement (i) shall be binding as to the executors, administrators, estates, heirs and legal successors of the Partners, (ii) may be executed in several counterparts with the same effect as if the parties executing the several counterparts had all executed one counterpart, and (iii) shall be effective on the Effective Date. Except as otherwise set forth in Section 8.01(a), no provision of this Agreement is intended to confer upon any Person other than the Parties parties hereto any rights or remedies hereunder. For the avoidance of doubt, the Existing Partnership Agreement shall remain in full force and effect until this amended and restated agreement has been fully executed and delivered and becomes effective on the Effective Date.

Appears in 1 contract

Samples: Limited Partnership Agreement (Host Hotels & Resorts, Inc.)

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