Common use of Benefits of Indenture and Consents of Noteholders Clause in Contracts

Benefits of Indenture and Consents of Noteholders. Nothing in this Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, the Owner Trustee and the Noteholders, any benefit or any legal or equitable right, remedy or claim under this Indenture. Each Noteholder and Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note, consents to and agrees to be bound by the terms and conditions of this Indenture.

Appears in 20 contracts

Samples: Indenture (Greenpoint Mortgage Funding Trust 2005-He4), Indenture (Sasco Mortgage Loan Trust Series 2004-Gel2), Indenture (Fieldstone Mortgage Investment CORP)

AutoNDA by SimpleDocs

Benefits of Indenture and Consents of Noteholders. Nothing in this Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, the Owner Trustee and the Noteholders, any benefit or any legal or equitable right, remedy or claim under this Indenture. Each Noteholder and Note OwnerNoteholder, by acceptance of a Note or, in the case of a Note Owner, or a beneficial interest in a Note, consents to and agrees to be bound by the terms and conditions of this Indenture.

Appears in 2 contracts

Samples: Indenture (First NLC Trust 2005-3 Mortgate-Backed Notes, Series 2005-3), Indenture (FBR Securitization, Inc.)

Benefits of Indenture and Consents of Noteholders. Nothing in this Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, the Owner Trustee and the Noteholders, and any other party secured hereunder, and any other Person with an ownership interest in any part of the Collateral, any benefit or any legal or equitable right, remedy or claim under this Indenture. Each Noteholder and Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note, consents to and agrees to be bound by the terms and conditions of this Indenture.

Appears in 1 contract

Samples: Indenture (BLG Securities Company, LLC)

AutoNDA by SimpleDocs

Benefits of Indenture and Consents of Noteholders. Nothing in this Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, the Owner Trustee and the Noteholders, Noteholders any benefit or any legal or equitable right, remedy or claim under this Indenture. Each Noteholder and Note OwnerNoteholder, by acceptance of a Note or, in the case of a Note OwnerNoteholder, a beneficial interest in a Note, consents to and agrees to be bound by the terms and conditions of this Indenture.

Appears in 1 contract

Samples: Indenture (First NLC Trust 2005-1)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!