Common use of Binding Effect; Third-Party Beneficiaries Clause in Contracts

Binding Effect; Third-Party Beneficiaries. The Sale Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.

Appears in 9 contracts

Samples: Bank Receivables Purchase Agreement (Fingerhut Receivables Inc), Purchase Agreement (Fingerhut Receivables Inc), Receivables Purchase Agreement (Metris Companies Inc)

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Binding Effect; Third-Party Beneficiaries. The Sale Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Purchasers and the Trustees listed on Schedule 3 shall be considered third party beneficiaries hereunder.

Appears in 4 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (HSBC Credit Card Master Note Trust (Usa) I), Affinity Receivables Purchase Agreement (HSBC Credit Card Master Note Trust (Usa) I)

Binding Effect; Third-Party Beneficiaries. The Sale Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.. Section 9.10

Appears in 1 contract

Samples: Purchase Agreement (Metris Receivables Inc)

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Binding Effect; Third-Party Beneficiaries. The Sale Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. The Trustee shall be considered a third-party beneficiary of the Sale Papers.

Appears in 1 contract

Samples: Purchase Agreement (Metris Receivables Inc)

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