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

Binding Effect; Third-Party Beneficiaries. This Agreement will inure to the benefit of and be binding upon the parties hereto. The Indenture Trustee, the Owner Trustee, the Trust, the Depositor, the Collateral Agent, the Note Insurer and the Noteholders are intended third party beneficiaries of this Agreement.

Appears in 3 contracts

Samples: Receivables Sale Agreement (American Business Financial Services Inc /De/), Receivables Sale Agreement (Prudential Securities Secured Financing Corp), Receivables Sale Agreement (Painewebber Asset Acceptance Corp)

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Binding Effect; Third-Party Beneficiaries. This Agreement will inure to the benefit of and be binding upon the parties hereto. The Indenture Trustee, the Owner Trustee, the Trust, the Depositor, the Collateral Agent, the Note Insurer Trustee and the Noteholders are intended third party beneficiaries of this Agreement.

Appears in 3 contracts

Samples: Receivables Transfer Agreement (First Sierra Receivables Iii Inc), Receivables Transfer Agreement (First Sierra Receivables Iii Inc), Receivables Transfer Agreement (First Sierra Receivables Iii Inc)

Binding Effect; Third-Party Beneficiaries. This Agreement will inure to benefits and is binding on the parties hereto and their respective successors and permitted assigns. Each of the Sellers, the Depositor and the Depositor Loan Trustee agree and acknowledge that each of the Issuer, the Issuer Loan Trustee for the benefit of and be binding upon the parties hereto. The Indenture TrusteeIssuer, the Owner TrusteeServicer, the Trust, the Depositor, the Collateral Agent, the Note Insurer Administrator and the Noteholders are intended third Indenture Trustee is a third-party beneficiaries beneficiary of this Agreement.

Appears in 3 contracts

Samples: Loan Purchase Agreement (OneMain Financial Holdings, Inc.), Loan Purchase Agreement (OneMain Financial Holdings, Inc.), Loan Purchase Agreement (OneMain Financial Holdings, Inc.)

Binding Effect; Third-Party Beneficiaries. This Agreement will inure to the benefit of and be binding upon the parties hereto. The Indenture Trustee, the Owner Trustee, the Trust, the DepositorNote Insurer, the Collateral Agent, the Note Insurer Depositor and the Noteholders are intended third party beneficiaries of this Agreement.

Appears in 2 contracts

Samples: Receivables Sale Agreement (American Business Financial Services Inc /De/), Receivables Sale Agreement (Prudential Securities Secured Financing Corp)

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Binding Effect; Third-Party Beneficiaries. This Agreement will inure to the benefit of and be binding upon the parties hereto. The Indenture Trustee, the Owner Trustee, the Trust, the DepositorNote Insurer, the Collateral Agent, the Note Insurer Letter of Credit Bank and the Noteholders are intended third party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Prudential Securities Secured Financing Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement will inure to benefits and is binding on the parties hereto and their respective successors and permitted assigns. Each of the Sellers, the Depositor and the Depositor Loan Trustee agree and acknowledge that each of the Issuer, the Issuer Loan Trustee for the benefit of and be binding upon the parties hereto. The Issuer, the Servicer, the Administrator, the Indenture Trustee, the Owner Trustee, the Trust, the Depositor, the Collateral Agent, the Note Insurer Administrative Agent and the Noteholders are intended third is a third-party beneficiaries beneficiary of this Agreement (but, in the case of the Administrative Agent and the Noteholders, only with respect to Section 6.02 of this Agreement).

Appears in 1 contract

Samples: Loan Purchase Agreement (OneMain Financial Holdings, Inc.)

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