Common use of Agreement for the Exclusive Benefit of Parties Clause in Contracts

Agreement for the Exclusive Benefit of Parties. This Custodial Agreement is for the exclusive benefit of the parties hereto and their respective successors and permitted assigns, and shall not be deemed to create or confer any legal or equitable right, remedy or claim upon any other Person whatsoever, except that the holders of the Mortgage Certificates shall be third party beneficiaries of this Custodial Agreement.

Appears in 32 contracts

Samples: Custodial Agreement, Custodial Agreement, Custodial Agreement

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Agreement for the Exclusive Benefit of Parties. This Custodial Agreement is for the exclusive benefit of the parties hereto and their respective successors and permitted assigns, and shall not be deemed to create or confer any legal or equitable right, remedy or claim upon any other Person whatsoever, except that the holders of the Mortgage Certificates and the Master Servicer shall be third party beneficiaries of this Custodial Agreement.

Appears in 2 contracts

Samples: Custodial Agreement (Sequoia Mortgage Trust 2013-8), Custodial Agreement (Sequoia Mortgage Trust 2013-8)

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Agreement for the Exclusive Benefit of Parties. This Custodial Agreement is for the exclusive benefit of the parties hereto and their respective successors and permitted assigns, and shall not be deemed to create or confer any legal or equitable right, remedy or claim upon any other Person whatsoever, except that the holders of the Mortgage Certificates shall be third party beneficiaries of this Custodial Agreement.

Appears in 1 contract

Samples: Master Custodial Agreement (PIMCO Flexible Credit Income Fund)

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