Common use of Limitations on Rights of Third Parties Clause in Contracts

Limitations on Rights of Third Parties. The provisions of this Agreement are solely for the benefit of the Seller, the Purchaser, the Bondholders, the Indenture Trustee, the Owner Trustee and the other Persons expressly referred to herein, and such Persons shall have the right to enforce the relevant provisions of this Agreement, except that the Bondholders shall be entitled to enforce their rights against the Seller under this Agreement solely through a cause of action brought for their benefit by the Indenture Trustee. Nothing in this Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Membership Interests or under or in respect of this Agreement or any covenants, conditions or provisions contained herein.

Appears in 2 contracts

Samples: Contribution and Sale Agreement, Contribution and Sale Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)

AutoNDA by SimpleDocs

Limitations on Rights of Third Parties. The provisions of this Agreement are solely for the benefit of the Seller, the PurchaserIssuer, the BondholdersHolders, the Indenture Trustee, the Owner Trustee and the other Persons expressly referred to herein, and such Persons shall have the right to enforce the relevant provisions of this Agreement, except that the Bondholders Holders shall be entitled to enforce their rights against the Seller under this Agreement solely through a cause of action brought for their benefit by the Indenture Trustee. Nothing in this Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Membership Interests RRB Property or under or in respect of this Agreement or any covenants, conditions or provisions contained herein.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (PSNH Funding LLC 3), Purchase and Sale Agreement (PSNH Funding LLC 3)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!