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 Local Agencies, the Trustee, the Authority, and the Owners any claim, remedy or right under or pursuant hereto, and any agreement, condition, covenant or term contained herein required to be observed or performed by or on behalf of the Local Agencies or the Authority shall be for the sole and exclusive benefit of the Trustee, the Authority and the Owners and their successors.

Appears in 1 contract

Samples: Trust Agreement

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Benefits of the Trust Agreement Limited to Parties. (a) Nothing contained herein, expressed or implied, is intended to give to any person other than the Local AgenciesAuthority, the Trustee, the Authority, Bond Insurer and the Owners Holders any claimright, remedy or right claim under or pursuant hereto, and any agreement, condition, by reason hereof. Any agreement or covenant or term contained required herein required to be observed or performed by or on behalf of the Local Agencies Authority or the Authority any member, officer or employee thereof shall be for the sole and exclusive benefit of the Trustee, the Authority Trustee and the Owners and their successorsHolders.

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 Local AgenciesCity, the Authority, the Trustee, [the Authority, Insurer] and the Owners any claimright, remedy remedy, or right claim under or pursuant hereto, and any agreement, condition, by reason hereof. Any agreement or covenant or term contained required herein required to be observed or performed by or on behalf of the Local Agencies City or the Authority shall be for the sole and exclusive benefit of the Trustee, the Authority Authority, [the Insurer] and the Owners and their successorsOwners.

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 Local AgenciesAgency, the Trustee, the Authority, Trustee and the Owners Holders any claimright, remedy or right claim under or pursuant hereto, and any agreement, condition, by reason hereof. Any agreement or covenant or term contained required herein required to be observed or performed by or on behalf of the Local Agencies Agency or the Authority any member, officer or employee thereof shall be for the sole and exclusive benefit of the Trustee, the Authority Trustee and the Owners and their successorsHolders.

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 Local Educational Agencies, the Trustee, the Authority, Trustee and the Owners any claim, remedy or right under or pursuant hereto, and any agreement, condition, covenant or term contained herein required to be observed or performed by or on behalf of the Local Educational Agencies or the Authority shall be for the sole and exclusive benefit of the Trustee, the Authority Trustee and the Owners and their successors.

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 Local AgenciesAgency, the Trustee, the AuthorityBond Insurer, if any, and the Owners any claimright, remedy or right claim under or pursuant hereto, and any agreement, condition, by reason hereof. Any agreement or covenant or term contained required herein required to be observed or performed by or on behalf of the Local Agencies Agency or the Authority any member, officer or employee thereof shall be for the sole and exclusive benefit of the Trustee, the Authority and the Owners and their successorsOwners.

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 Local AgenciesAuthority, the Trustee, the Authority, Bond Insurer and the Owners Holders any claimright, remedy or right claim under or pursuant hereto, and any agreement, condition, by reason hereof. Any agreement or covenant or term contained required herein required to be observed or performed by or on behalf of the Local Agencies Authority or the Authority any member, officer or employee thereof shall be for the sole and exclusive benefit of the Trustee, the Authority Bond Insurer and the Owners and their successorsHolders.

Appears in 1 contract

Samples: Trust Agreement

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