Common use of Limitation on Rights of Bondholders Clause in Contracts

Limitation on Rights of Bondholders. No Bondholder shall have any right to institute a suit with respect hereto except as provided in the applicable Resolution and for the equal benefit of all Bondholders.

Appears in 6 contracts

Samples: Mortgage Origination Agreement, Mortgage Origination Agreement, Mortgage Origination Agreement

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Limitation on Rights of Bondholders. No Bondholder shall have any right to institute a suit with respect hereto to this Agreement except as provided in the applicable Resolution Indenture and for the equal benefit of all Bondholders.

Appears in 3 contracts

Samples: Master Mortgage Origination Agreement, Master Mortgage Origination Agreement, Master Mortgage Origination Agreement

Limitation on Rights of Bondholders. No Bondholder shall have any right to institute a suit with respect hereto except as provided in the applicable Resolution Indenture and for the equal benefit of all Bondholders. This Section may be enforced by the Commission, Trustee, the Servicer or any Bondholder.

Appears in 3 contracts

Samples: Mortgage Origination Agreement, Mortgage Origination Agreement, Mortgage Origination Agreement

Limitation on Rights of Bondholders. No Bondholder bondholder shall have any right to institute a suit with respect hereto to this Agreement except as provided in the trust indenture for the applicable Resolution issue of Bond by the Local HFA and for the equal benefit of all Bondholdersbondholders with respect to any applicable issue of Bonds by the Local HFA.

Appears in 2 contracts

Samples: Universal Mortgage Origination Agreement, Universal Mortgage Origination Agreement

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Limitation on Rights of Bondholders. No Bondholder shall have any right to institute a suit with respect hereto to this Agreement except as provided in the applicable Resolution and only if for the equal benefit of all Bondholders. This Section may be enforced by Servicer, Trustee, the Authority, Lender or any Bondholder.

Appears in 1 contract

Samples: Mortgage Origination Master Agreement

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