Common use of Xx Third Party Beneficiaries Clause in Contracts

Xx Third Party Beneficiaries. The provisions of this Agreement are solely for the purpose of defining the relative rights of New Lender and the Existing Creditors and shall not be deemed to create any rights or priorities in favor of any other Person, including, without limitation, any Obligor.

Appears in 2 contracts

Samples: Consent, Collateral Release, and Subordination Agreement (TILT Holdings Inc.), Consent, Collateral Release, and Subordination Agreement (TILT Holdings Inc.)

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Xx Third Party Beneficiaries. The provisions of this Agreement are solely for the purpose of defining the relative rights of New Lender the Working Capital Lender, Noteholders, and the Existing Creditors Noteholder Representative and shall not be deemed to create any rights or priorities in favor of any other Person, including, without limitation, any Obligor.. ​

Appears in 1 contract

Samples: Subordination and Intercreditor Agreement (TILT Holdings Inc.)

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Xx Third Party Beneficiaries. The provisions of this Agreement are solely for the purpose of defining the relative rights of New Lender Xxxxxx and the Existing Creditors and shall not be deemed to create any rights or priorities in favor of any other Person, including, without limitation, any Obligor.

Appears in 1 contract

Samples: Subordination and Intercreditor Agreement (TILT Holdings Inc.)

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