Sole Benefit of Parties Clause Samples
The 'Sole Benefit of Parties' clause establishes that the rights and obligations set forth in the agreement are intended exclusively for the benefit of the parties who have signed the contract. In practice, this means that third parties, such as affiliates, employees, or unrelated entities, cannot claim any rights or enforce any provisions under the agreement. This clause serves to prevent unintended third-party beneficiaries from asserting claims, thereby ensuring that only the contracting parties have enforceable interests and reducing the risk of external disputes.
Sole Benefit of Parties. This Agreement is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity shall have any right, benefit or interest under or because of the existence of this Agreement.
Sole Benefit of Parties. This Amendment is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity shall have any right, benefit or interest under or because of the existence of this Amendment.
Sole Benefit of Parties. This Agreement is solely for the benefit of the parties hereto and their respective successors and assigns, and no other Person shall have any right, benefit or interest under or because of the existence of this Agreement; provided, however, that each Released Party is an express third party beneficiary hereof.
Sole Benefit of Parties. This agreement is for the sole benefit of CITY and LESSEE. Nothing in this Agreement is intended to confer any rights or remedies on any third party.
Sole Benefit of Parties. This Agreement (including each Exhibit hereto) is solely for the benefit of the parties hereto and their respective successors and assigns (including, with respect to Holdings, Delaware Company), and no other Person shall have any right, benefit or interest under or because of the existence of this Agreement.
Sole Benefit of Parties. This Permit is for the benefit of the parties and not for any other person or entity. This Permit creates no third-party beneficiary rights.
Sole Benefit of Parties. This Amendment No. Four is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity shall have any right, benefit or interest under or because of the existence of this Amendment No. Four.
Sole Benefit of Parties. This Limited Duration Waiver Agreement is solely for the benefit of the parties hereto and their respective successors and assigns, and no other Person shall have any right, benefit or interest under or because of the existence of this Limited Duration Waiver Agreement.
Sole Benefit of Parties. This Forbearance is solely for the benefit of the parties hereto and their respective successors and assigns, and no other person or entity shall have any right, benefit or interest under or because of the existence of this Forbearance.
Sole Benefit of Parties. 36 of 44 The County and Seaboard intend that the mutual covenants contained in this Agreement shall be for their sole benefit and that no other person, corporation or other entity is intended to be a beneficiary of this Agreement.