EFFECTS ON THIRD PARTIES Sample Clauses

The "Effects on Third Parties" clause defines how the agreement impacts individuals or entities who are not direct parties to the contract. Typically, this clause clarifies whether third parties have any rights or obligations under the contract, often stating that the contract does not confer benefits or impose duties on outsiders. Its core function is to prevent unintended legal claims or liabilities from third parties, ensuring that only the signatories are bound by or can enforce the contract's terms.
EFFECTS ON THIRD PARTIES. Except for the Resigning Persons under Section 10.2, no Person other than the Parties shall have any rights or benefits under this Agreement, and nothing in this Agreement is intended to confer on any Person other than the Parties any rights, benefits or remedies.
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EFFECTS ON THIRD PARTIES. Except as otherwise expressly provided in this Agreement, (i) no Person other than the Parties shall have any rights or benefits under this Agreement, and (ii) nothing in this Agreement is intended to confer on any Person other than the Parties any rights, benefits or remedies.
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EFFECTS ON THIRD PARTIES. This agreement shall be binding upon each of the parties and their respective successors and assignees. The validity of this Agreement shall also be applicable to all Shares acquired in the future by way of purchase or in any other manner. Any acquirers of shares in the future shall be obliged to enter into this agreement. The Parties intend to seek a third shareholder for AboveNet Austria GmbH to increase the market potential for named Company. Following accession of such third Shareholder, the participation quotas is expected to be one third for each shareholder. Parties agree to amend this Shareholders Agreement in case of (i) the accession of parties different from the Parties to the Shareholders Agreement and/or (ii) transformation of AboveNet Austria GmbH into an AG and/or (iii) the establishment of a supervisory board and/or (iv) an IPO of AboveNet Austria GmbH being in preparation.
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EFFECTS ON THIRD PARTIES. This Agreement shall be binding upon the Company and each of the Parties and their respective successors and permitted assignees. The validity of this Agreement shall also be applicable to all shares acquired in the future by way of purchase or in any other manner by the Parties.
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EFFECTS ON THIRD PARTIES. Except for the resigning directors under Section 11.2, no Person other than the Parties shall have any rights or benefits under this Agreement, and nothing in this Agreement is intended to confer on any Person other than the Parties any rights, benefits or remedies.
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EFFECTS ON THIRD PARTIES. 13 No person other than the Parties shall have any rights or benefits under this SPA, and nothing in this SPA is intended to confer on any person other than the Parties any rights, benefits or remedies.
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Related to EFFECTS ON THIRD PARTIES

  • Reliance on Third Parties Our ability to provide certain Services (e.g., in connection with electronic data interchange) is dependent upon our ability to obtain or provide access to third party networks. In the event any third party network is unavailable or we determine, in our discretion, that we cannot continue providing any third party network access, we may discontinue the related Service or may provide the Service through an alternate third party network. In such situations, we will have no liability for the unavailability of access. We will not be responsible for any services you receive from third party vendors.

  • Obligations to Third Parties Each party warrants and represents that this Agreement does not conflict with any contractual obligations, expressed or implied, undertaken with any Third Party.

  • Payments to Third Parties Grantor will have no liability to Grantee when Grantor acts in good faith to redirect all or a portion of any Grantee payment to a third party. Grantor will be deemed to have acted in good faith when it is in possession of information that indicates Grantee authorized Grantor to intercept or redirect payments to a third party or when so ordered by a court of competent jurisdiction.

  • Reliance on Third Party Service Providers Each Party may allow Reporting Financial Institutions to use third party service providers to fulfill the obligations imposed on such Reporting Financial Institutions by a Party, as contemplated in this Agreement, but these obligations shall remain the responsibility of the Reporting Financial Institutions.

  • Disclosure to Third Parties The Company shall have the right to disclose to third parties, in whatever manner the Company may determine, the fact that this Agreement has been executed, the names of the parties to this Agreement and the terms hereof.