Third Party Reliance. (a) Anything contained herein to the contrary notwithstanding, the covenants of the Company contained in this Agreement (a) are being given by the Company as an inducement to the Stockholders to enter into this Agreement (and the Company acknowledges that the Stockholders have expressly relied thereon) and (b) are solely for the benefit of the Stockholders. Accordingly, no third party (including, without limitation, any holder of capital stock of the Company) or anyone acting on behalf of any thereof other than the Stockholders, shall be a third party or other beneficiary of such covenants and no such third party shall have any rights of contribution against the Stockholders or the Company with respect to such covenants or any matter subject to or resulting in indemnification under this Agreement or otherwise. (b) None of the provisions hereof shall create, or be construed or deemed to create, any right to employment in favor of any Person by the Company.
Appears in 7 contracts
Samples: Master Reorganization Agreement, Registration Rights and Stockholders Agreement (Jones Energy, Inc.), Registration Rights and Stockholders Agreement (Jones Energy, Inc.)
Third Party Reliance. (a) Anything contained herein to the contrary notwithstanding, except as expressly provided in Section 4.4 or Section 5.7, the covenants of the Company contained in this Agreement (a) are being given by the Company as an inducement to the Stockholders to enter into this Agreement (and the Company acknowledges that the Stockholders have expressly relied thereon) and (b) are solely for the benefit of the Stockholders. Accordingly, no third party (including, without limitation, including any holder of capital stock of the Company) or anyone acting on behalf of any thereof other than the Stockholders, shall be a third party or other beneficiary of such covenants and no such third party shall have any rights of contribution against the Stockholders or the Company with respect to such covenants or any matter subject to or resulting in indemnification under this Agreement or otherwise.
(b) None of the provisions hereof shall create, or be construed or deemed to create, any right to employment in favor of any Person by the Company.
Appears in 2 contracts
Samples: Stockholders’ Agreement, Stockholders’ Agreement (Milacron Holdings Corp.)
Third Party Reliance. (a) Anything contained herein to the contrary notwithstanding, the covenants of the Company Partnership contained in this Agreement (a) are being given by the Company Partnership as an inducement to the Stockholders WPX to enter into this Agreement (and the Company Partnership acknowledges that the Stockholders have WPX has expressly relied thereon) and (b) are solely for the benefit of the StockholdersHolders. Accordingly, no third party (including, without limitation, any holder of capital stock of the CompanyPartnership) or anyone acting on behalf of any thereof other than the StockholdersHolders, shall be a third party or other beneficiary of such covenants and no such third party shall have any rights of contribution against the Stockholders Holders or the Company Partnership with respect to such covenants or any matter subject to or resulting in indemnification under this Agreement or otherwise.
(b) None of the provisions hereof shall create, or be construed or deemed to create, any right to employment in favor of any Person by the CompanyPartnership.
Appears in 2 contracts
Samples: Idr Holders Agreement (Legacy Reserves Lp), Idr Holders Agreement (Legacy Reserves Lp)
Third Party Reliance. (a) Anything contained herein to the contrary notwithstanding, the covenants of the Company contained in this Agreement (a) are being given by the Company as an inducement to the Stockholders to enter into this Agreement (and the Company acknowledges that the Stockholders have expressly relied thereon) and (b) are solely for the benefit of the Stockholders. Accordingly, no third party (including, without limitation, any holder of capital stock of the Company) or anyone acting on behalf of any thereof other than the Stockholders, shall be a third party or other beneficiary of such covenants and no such third party shall have any rights of contribution against the Stockholders or the Company with respect to such covenants or any matter subject to or resulting in indemnification under this Agreement or otherwise.
(b) None of the provisions hereof shall create, or be construed or deemed to create, any right to employment in favor of any Person by the CompanyCompany or any of its Subsidiaries.
Appears in 2 contracts
Samples: Registration Rights Agreement (Sportsman's Warehouse Holdings, Inc.), Stockholders' Agreement (Smile Brands Group Inc.)
Third Party Reliance. (a) Anything contained herein to the contrary notwithstanding, the covenants of the Company contained in this Agreement (ai) are being given by the Company as an inducement to the Stockholders to enter into this Agreement (and the Company acknowledges that the Stockholders have expressly relied thereon) and (bii) are solely for the benefit of the Stockholders. Accordingly, no third party (including, without limitation, any holder of capital stock of the Company) or anyone acting on behalf of any thereof other than the Stockholders, shall be a third party or other beneficiary of such covenants and no such third party shall have any rights of contribution against the Stockholders or the Company with respect to such covenants or any matter subject to or resulting in indemnification under this Agreement or otherwise.
(b) None of the provisions hereof shall create, or be construed or deemed to create, any right to employment in favor of any Person by the Company.
Appears in 1 contract
Samples: Registration Rights and Stockholders Agreement (Jones Energy, Inc.)
Third Party Reliance. (a) Anything contained herein to the contrary notwithstanding, the covenants of the Company contained in this Agreement (a) are being given by the Company as an inducement to the Stockholders to enter into this Agreement (and the Company acknowledges that the Stockholders have expressly relied thereon) and (b) are solely for the benefit of the Stockholders. Accordingly, no third party (including, without limitation, any holder of capital stock equity Securities who is not a Stockholder and any holder of any other Securities of the CompanyCompany who is not a Stockholder) or anyone acting on behalf of any thereof other than the Stockholders, shall be a third party or other beneficiary of such covenants and no such third party shall have any rights of contribution against the Stockholders or the Company with respect to such covenants or any matter subject to or resulting in indemnification under this Agreement or otherwise.
(b) . None of the provisions hereof shall create, or be construed or deemed to create, any right to employment in favor of any Person by the CompanyCompany or any of its Subsidiaries.
Appears in 1 contract
Samples: Stockholders’ Agreement (Ami Celebrity Publications, LLC)