Common use of ABSENCE OF RIGHTS IN THIRD PARTIES Clause in Contracts

ABSENCE OF RIGHTS IN THIRD PARTIES. No provision of this Agreement shall be construed in any manner so as to create any rights in Persons or Entities that are not a party to this Agreement other than as provided in Section 11.3 hereof. The provisions of this Agreement shall be interpreted solely to define specific duties and responsibilities between the Development Owner, the Department, and the Asset Manager (as agent and representative of the Department), and shall not provide any basis for claims of any other Person other than Treasury.

Appears in 1 contract

Samples: Tcap Written Agreement

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ABSENCE OF RIGHTS IN THIRD PARTIES. A. No provision of this Agreement shall be construed in any manner so as to create any rights in Persons or Entities that are not a party to this Agreement other than Treasury as provided contemplated in Section 11.3 Article VI hereof. The provisions of this Agreement shall be interpreted solely to define specific duties and responsibilities between the Development Owner, the DepartmentCHFA, and the Asset Manager (as agent and representative of the DepartmentCHFA), and shall not provide any basis for claims of any other Person or Entity other than Treasury.

Appears in 1 contract

Samples: Tcep Sub Award Agreement

ABSENCE OF RIGHTS IN THIRD PARTIES. No provision of this Agreement shall be construed in any manner so as to create any rights in Persons or Entities that are not a party to this Agreement other than as provided in Section Sections 6.3 and 11.3 hereof. The provisions of this Agreement shall be interpreted solely to define specific duties and responsibilities between the Development Owner, the Department, and the Asset Manager (as agent and representative of the Department), and shall not provide any basis for claims of any other Person other than Treasury.

Appears in 1 contract

Samples: Tcap Written Agreement

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ABSENCE OF RIGHTS IN THIRD PARTIES. No provision of this Agreement shall be construed in any manner so as to create any rights in Persons or Entities that are not a party to this Agreement other than Treasury as provided contemplated in Section 11.3 Article VI hereof. The provisions of this Agreement shall be interpreted solely to define specific duties and responsibilities between the Development Owner, the Department, and the Asset Manager (as agent and representative of the Department), and shall not provide any basis for claims of any other Person or Entity other than Treasury.

Appears in 1 contract

Samples: Tax Credit Exchange Program Subaward Agreement

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