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

Limitations on Rights of Third Parties. The provisions of this Sale Agreement are solely for the benefit of the Seller, the Issuer, the Indenture Trustee (for the benefit of the Secured Parties) and the other Persons expressly referred to herein, and such Persons shall have the right to enforce the relevant provisions of this Sale Agreement. Nothing in this Sale Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Securitization Property or under or in respect of this Sale Agreement or any covenants, conditions or provisions contained herein.

Appears in 9 contracts

Samples: Securitization Property Purchase and Sale Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Purchase and Sale Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Purchase and Sale Agreement (Consumers 2023 Securitization Funding LLC)

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Limitations on Rights of Third Parties. The provisions of this Sale Agreement are solely for the benefit of the Seller, the Issuer, the Commission (on behalf of itself and Customers) the Indenture Trustee (for the benefit of the Secured Parties) and the other Persons expressly referred to herein, and such Persons shall have the right to enforce the relevant provisions of this Sale Agreement. Nothing in this Sale Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Securitization Series Property or under or in respect of this Sale Agreement or any covenants, conditions or provisions contained herein.

Appears in 3 contracts

Samples: Nuclear Asset Recovery Property Purchase and Sale Agreement (Duke Energy Florida, Llc.), Nuclear Asset Recovery Property Purchase and Sale Agreement (Duke Energy Florida, Llc.), Nuclear Asset Recovery Property Purchase and Sale Agreement (Duke Energy Florida, Llc.)

Limitations on Rights of Third Parties. The provisions of this Sale Agreement are solely for the benefit of the Seller, the Issuer, the Indenture Trustee (for the benefit of the Secured Parties) and the other Persons expressly referred to herein, and such Persons shall have the right to enforce the relevant provisions of this Sale Agreement. Nothing in this Sale Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Securitization Environmental Control Property or under or in respect of this Sale Agreement or any covenants, conditions or provisions contained herein.

Appears in 3 contracts

Samples: Environmental Control Property Purchase and Sale Agreement (WEPCo Environmental Trust Finance I, LLC), Environmental Control Property Purchase and Sale Agreement (WEPCo Environmental Trust Finance I, LLC), Environmental Control Property Purchase and Sale Agreement (WEPCo Environmental Trust Finance I, LLC)

Limitations on Rights of Third Parties. The provisions of this Sale Agreement are solely for the benefit of the Seller, the Issuer, the Indenture Trustee (for the benefit of the Secured Parties) and the other Persons expressly referred to herein, and such Persons shall have the right to enforce the relevant provisions of this Sale Agreement. Nothing in this Sale Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Securitization Deferred Fuel Cost Property or under or in respect of this Sale Agreement or any covenants, conditions or provisions contained herein.

Appears in 3 contracts

Samples: Deferred Fuel Cost Property Purchase and Sale Agreement (Virginia Power Fuel Securitization, LLC), Deferred Fuel Cost Property Purchase and Sale Agreement (Virginia Power Fuel Securitization, LLC), Deferred Fuel Cost Property Purchase and Sale Agreement (Virginia Power Fuel Securitization, LLC)

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Limitations on Rights of Third Parties. The provisions of this Sale Agreement are solely for the benefit of the Seller, the Issuer, the Indenture Trustee (for the benefit of the Secured Parties) and the other Persons expressly referred to herein, and such Persons shall have the right to enforce the relevant provisions of this Sale Agreement. Nothing in this Sale Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Securitization Series Property or under or in respect of this Sale Agreement or any covenants, conditions or provisions contained herein.

Appears in 3 contracts

Samples: Energy Transition Property Purchase and Sale Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Purchase and Sale Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Purchase and Sale Agreement (PNM Energy Transition Bond Co I, LLC)

Limitations on Rights of Third Parties. The provisions of this Sale Agreement are solely for the benefit of the Seller, the Issuer, the Indenture Trustee (for the benefit of the Secured Parties) and the other Persons expressly referred to herein, and such Persons shall have the right to enforce the relevant provisions of this Sale Agreement. Nothing in this Sale Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Distribution Securitization Property and the Power Supply Securitization Property or under or in respect of this Sale Agreement or any covenants, conditions or provisions contained herein.

Appears in 2 contracts

Samples: Securitization Property Purchase and Sale Agreement (DTE Electric Securitization Funding I LLC), Securitization Property Purchase and Sale Agreement (DTE Electric Securitization Funding I LLC)

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