Persons Entitled to Benefit of Agreement Clause Example from Business Contracts
This example Persons Entitled to Benefit of Agreement clause appears in
3 contracts
from
1 company
Persons Entitled to Benefit of Agreement. This Agreement shall inure to the benefit of and be binding upon the Underwriters, the Partnership Parties, the Selling Unitholder and their respective successors. This Agreement and the terms and provisions hereof are for the sole benefit of only those persons, except that (a) the representations, warranties, indemnities and agreements of the Partnership Parties and the Selling Unitholder contained in this Agreement shall also be deemed to be for the benefit of the directors, officers, employee...s and affiliates of the Underwriters and each person or persons, if any, who control any Underwriter within the meaning of Section 14 of the Securities Act, and (b) the indemnity agreement of the Underwriters contained in Section 9 of this Agreement shall be deemed to be for the benefit of the directors of the General Partner, the officers of the General Partner who have signed the Registration Statement, the managers and officers of the Selling Unitholder and any person controlling the Partnership within the meaning of Section 14 of the Securities Act. Nothing in this Agreement is intended or shall be construed to give any person, other than the persons referred to in this Section 16, any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision contained herein.View More
