Common use of Successors and Amendment Clause in Contracts

Successors and Amendment. a. This Agreement shall inure to the benefit of and be binding upon the Dealer Manager and the Trust and their respective successors. Nothing in this Agreement is intended or shall be construed to give to any other person any right, remedy or claim, except as otherwise specifically provided herein. Each Participating Broker-Dealer is an intended third-party beneficiary with respect to Sections 1 and 4 hereof with direct enforcement rights hereunder. b. This Agreement may be amended by the written agreement of the Dealer Manager and the Trust. c. Neither the Trust nor the Dealer Manager may assign or transfer any of such party’s rights or obligations under this Agreement without the prior written consent of the Dealer Manager, on the one hand, or the Trust, on the other hand.

Successors and Amendment. a. This Agreement shall inure to the benefit of and be binding upon the Dealer Manager and the Trust Company and their respective successors. Nothing in this Agreement is intended or shall be construed to give to any other person any right, remedy or claim, except as otherwise specifically provided herein. Each Participating Broker-Dealer is an intended third-party beneficiary with respect to Sections 1 and 4 hereof with direct enforcement rights hereunder. b. This Agreement may be amended by the written agreement of the Dealer Manager and the TrustCompany. c. Neither the Trust Company nor the Dealer Manager may assign or transfer any of such party’s rights or obligations under this Agreement without the prior written consent of the Dealer Manager, on the one hand, or the TrustCompany, on the other hand; provided that, the Company or the Dealer Manager may make an assignment to an affiliated successor without the prior written consent of the Dealer Manager, on the one hand, or the Company, on the other hand.