Third-Party Beneficiaries and Liability. Except as described in this Agreement, no Third Person is a beneficiary of this Agreement and no Third Person is a guarantor of the performance by either Party to this Agreement, nor shall any Third Person have any liability with respect to the performance by either Party to this Agreement. Indemnified Persons are intended Third Person beneficiaries of the indemnification provisions of this Agreement. GlobeStar and Soma are jointly, primarily and severally liable for the breach of any representation, warranty, covenant, agreement or obligation herein. A reference to action or obligation of “GTC” is to an action or obligation that may be performed by GTC and/or Soma, provided the other company shall cooperate in, and facilitate such action or obligation to the extent that furthers the purposes of this Agreement. Except as set forth in the next sentence (i) SMIHC is not a guarantor of, or liable for, the performance of IndiaCo, and (ii) IndiaCo is not a guarantor of, or liable for, the performance of SMIHC. From time-to-time, each of SMIHC and IndiaCo may delegate to a Subsidiary or affiliate the performance of all or any of its services and in such event, SMIHC and/or IndiaCo, as applicable, will remain liable to GTC for the performance of such Subsidiary or affiliate, but the Subsidiary or affiliate will not be liable to GTC. SMIG is not a guarantor of, or liable for, the performance of the LocalCos.
Third-Party Beneficiaries and Liability. Except as described in this Agreement, no Third Person is a beneficiary of this Agreement and no Third Person, including SMIHC, is a guarantor of the performance by either Party to this Agreement, nor shall any Third Person, including SMIHC, have any liability with respect to the performance by either Party to this Agreement. Indemnified Persons are intended Third Person beneficiaries of the indemnification provisions of this Agreement. SMIHC is an intended third party beneficiary of this Agreement, but is not liable to AIP for the acts or omissions of SMIHC, GlobeStar or AIP hereunder; as between GlobeStar and AIP, GlobeStar shall be liable for any act or omission of SMIHC that might create an obligation to AIP.
Third-Party Beneficiaries and Liability. Except as expressly provided herein, no third Person is a beneficiary of this Agreement and no third Person is a guarantor of any act or omission of any Party, nor shall any third Person have any liability with respect to any act or omission of any Party. Indemnitees are intended third Person beneficiaries of the indemnification provisions. In no event shall any director, officer, advisor, representative or counsel to a Party be liable to the other Party by reason of any act, omission or breach of any representation, warranty, covenant or condition of this Agreement or any agreement, arrangement or activity related hereto. SportsCo is not liable for the performance of the Special Persons on behalf of MOGO. MOGO is not liable for the performance of the Special Persons on behalf of SportsCo. Special Persons are intended third party beneficiaries of provisions hereof with that refer to Special Persons and Section 12 hereof.
Third-Party Beneficiaries and Liability. Except as described in this Agreement: (i) no Person other than the Parties and their respective successors or permitted assigns is intended to be a beneficiary of this Agreement, (ii) no third Person is a guarantor of the performance by any Party to this Agreement, nor shall any third Person have any liability with respect to the performance by any Party to this Agreement and (iii) this Agreement shall not be deemed to give any right or remedy to any third Person, whether referred to herein or not. Parties released hereunder are intended to be third-party beneficiaries of the release and related provisions hereof.
Third-Party Beneficiaries and Liability. Except as described in this Agreement, no third Person is a beneficiary of this Agreement and no third Person is a guarantor of the performance by any Party to this Agreement, nor shall any third Person have any liability with respect to the performance by any Party to this Agreement and this Agreement shall not be deemed to give any right or remedy to any third Person, whether referred to herein or not.
