Common use of Benefits of the Trust Agreement Limited to Parties Clause in Contracts

Benefits of the Trust Agreement Limited to Parties. Nothing contained herein, expressed or implied, is intended to give to any person other than the City, the Authority, the Trustee, [the Insurer] and the Owners any right, remedy, or claim under or by reason hereof. Any agreement or covenant required herein to be performed by or on behalf of the City or the Authority shall be for the sole and exclusive benefit of the Trustee, the Authority, [the Insurer] and the Owners.

Appears in 1 contract

Samples: Trust Agreement

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Benefits of the Trust Agreement Limited to Parties. Nothing contained herein, expressed or implied, is intended to give to any person other than the CityLocal Agency, the Authority, the Trustee, [the Insurer] Trustee and the Owners Holders any right, remedy, remedy or claim under or by reason hereof. Any agreement or covenant required herein to be performed by or on behalf of the City Local Agency or the Authority any member, officer or employee thereof shall be for the sole and exclusive benefit of the Trustee, the Authority, [the Insurer] Trustee and the OwnersHolders.

Appears in 1 contract

Samples: Trust Agreement

Benefits of the Trust Agreement Limited to Parties. Nothing contained herein, expressed or implied, is intended to give to any person other than the CityLocal Agencies, the Trustee, the Authority, the Trustee, [the Insurer] and the Owners any rightclaim, remedy, remedy or claim right under or by reason hereof. Any agreement pursuant hereto, and any agreement, condition, covenant or covenant term contained herein required herein to be observed or performed by or on behalf of the City Local Agencies or the Authority shall be for the sole and exclusive benefit of the Trustee, the Authority, [the Insurer] Authority and the OwnersOwners and their successors.

Appears in 1 contract

Samples: Trust Agreement

Benefits of the Trust Agreement Limited to Parties. Nothing contained herein, expressed or implied, is intended to give to any person other than the City, the Authority, the Trustee, [the Insurer] Bond Insurer and the Owners Holders any right, remedy, remedy or claim under or by reason hereof. Any agreement or covenant required herein to be performed by or on behalf of the City Authority or the Authority any member, officer or employee thereof shall be for the sole and exclusive benefit of the Trustee, the Authority, [the Insurer] Bond Insurer and the OwnersHolders.

Appears in 1 contract

Samples: Trust Agreement

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Benefits of the Trust Agreement Limited to Parties. Nothing contained herein, expressed or implied, is intended to give to any person other than the City, the AuthorityAgency, the Trustee, [the Bond Insurer] , if any, and the Owners any right, remedy, remedy or claim under or by reason hereof. Any agreement or covenant required herein to be performed by or on behalf of the City Agency or the Authority any member, officer or employee thereof shall be for the sole and exclusive benefit of the Trustee, the Authority, [the Insurer] and the Owners.

Appears in 1 contract

Samples: Trust Agreement

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