Third Party Beneficiary Rights definition
Examples of Third Party Beneficiary Rights in a sentence
Subject to Company Third Party Beneficiary Rights, Sponsor and Parent hereby agree that their respective agreements and covenants set forth herein are solely for the benefit of the other party hereto, in accordance with and subject to the terms of this letter agreement.
Subject to Company Third Party Beneficiary Rights, the Investors and HoldCo hereby agree that their respective agreements and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this letter agreement.
Without limiting the foregoing, and subject to the Company Third Party Beneficiary Rights, the creditors of HoldCo, Parent or Merger Sub shall have no right to enforce this letter agreement or to cause HoldCo to enforce this letter agreement.
This letter agreement may not be amended or otherwise modified without the prior written consent of (i) HoldCo and each Investor, and (ii) with respect to any provisions of this letter agreement with respect to which the Company is expressly made a third party beneficiary or to the extent that such amendment or modification would be adverse to the Company Third Party Beneficiary Rights, the Company.
Without limiting the foregoing, and subject to the Company Third Party Beneficiary Rights, ▇▇▇▇▇▇’s creditors shall have no right to enforce this letter agreement or to cause Parent to enforce this letter agreement.
Neither this letter agreement nor any provision hereof may be amended, modified, supplemented, or waived without the prior written consent of (i) Parent and the Sponsor and (ii) with respect to any provisions of this letter agreement with respect to which the Company is expressly made a third party beneficiary or to the extent that such amendment or modification would be adverse to the Company Third Party Beneficiary Rights, the Company.
This letter agreement may not be amended or otherwise modified without the prior written consent of (i) Parent and Sponsor, and (ii) with respect to any provisions of this letter agreement with respect to which the Company is expressly made a third party beneficiary or to the extent that such amendment or modification would be adverse to the Company Third Party Beneficiary Rights, the Company.
No Third Party Beneficiary Rights ..................................................................65 16.15.
Section 14.E – New Parties to this Agreement 14 – 3 Section 14.F – Assignment 14 – 3 Section 14.G – Agreement Binding on Successors and New Parties 14 – 3 Section 14.H – Limitation on Third Party Beneficiary Rights 14 – 3 Section 14.I – Reliance and Mistake of Fact 14 – 4 Section 14.J – No Joint Venture 14 – 4 Section 14.K – Construction 14 – 4 Section 14.L – Authority.
Subject to the Company Third Party Beneficiary Rights, Sponsor and Parent hereby agree that their respective agreements and covenants set forth herein are solely for the benefit of the other party hereto, in accordance with and subject to the terms of this letter agreement.