Common use of Third Party Beneficiary Clause in Contracts

Third Party Beneficiary. The Seller, the Depositor and the Owner Trustee are third-party beneficiaries to this Agreement and are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each were a party hereto.

Appears in 93 contracts

Samples: Owner Trust Administration Agreement (Hyundai Auto Receivables Trust 2024-C), Owner Trust Administration Agreement (Hyundai Auto Receivables Trust 2024-C), Owner Trust Administration Agreement (Hyundai Auto Receivables Trust 2024-B)

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Third Party Beneficiary. The SellerSellers, the Depositor Depositor, the Asset Representations Reviewer and the Owner Trustee are third-party beneficiaries to this Agreement and are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each were a party hereto.

Appears in 17 contracts

Samples: Owner Trust Administration Agreement (BMW Vehicle Owner Trust 2024-A), Owner Trust Administration Agreement (BMW Vehicle Owner Trust 2024-A), Owner Trust Administration Agreement (BMW Vehicle Owner Trust 2023-A)

Third Party Beneficiary. The Each of the Seller, only to the Depositor extent provided in Section 13(c), and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto.

Appears in 15 contracts

Samples: Administration Agreement (Navistar Financial 2004-B Owner Trust), Administration Agreement (Navistar Financial Retail Rec Corp Navistar Fin 04 a Own Tr), Administration Agreement (Navistar Financial 2005-a Owner Trust)

Third Party Beneficiary. The Seller, Each of the Depositor Seller (to the extent provided in Section 11) and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto.

Appears in 9 contracts

Samples: Administration Agreement (Chase Auto Owner Trust 2005-B), Administration Agreement (Chase Auto Owner Trust 2005-A), Administration Agreement (Chase Manhattan Auto Owner Trust 2001-B)

Third Party Beneficiary. The SellerSellers, the Depositor and the Owner Trustee are third-party beneficiaries to this Agreement and are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each were a party hereto.

Appears in 5 contracts

Samples: Administration Agreement (BMW Fs Securities LLC), Owner Trust Administration Agreement (BMW Fs Securities LLC), Owner Trust Administration Agreement (BMW Fs Securities LLC)

Third Party Beneficiary. The Each of the Seller, only to the Depositor extent ----------------------- provided in Section 13(c), and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto.

Appears in 4 contracts

Samples: Administration Agreement (Navistar Financial Retail Receivables Corporation), Navistar Financial Retail Receivables Corporation, Navistar Financial Retail Receivables Corporation

Third Party Beneficiary. The Seller, the Depositor Depositor, the Owner Trustee and the Owner Trustee in its individual capacity are third-party beneficiaries to this Agreement and are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each were a party hereto.

Appears in 3 contracts

Samples: Owner Trust Administration Agreement (Regions Auto Receivables Trust 2002-1), Owner Trust Administration Agreement (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2), Owner Trust Administration Agreement (Regions Auto Receivables Trust 2003-1)

Third Party Beneficiary. The Seller, Each of the Depositor (to the extent provided in Section 11) and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto.

Appears in 2 contracts

Samples: Administration Agreement (JPMorgan Chase Bank, National Association), Administration Agreement (Chase Auto Owner Trust 2006-A)

Third Party Beneficiary. The Seller, the Depositor Trust and the Owner Indenture Trustee shall each be a third-party beneficiary of this Agreement, are recognized by the parties hereto to be third-party beneficiaries to of this Agreement Agreement, and are entitled to the rights and benefits hereunder and may enforce the provisions hereof against the parties hereto as if each were a party hereto.

Appears in 2 contracts

Samples: Subservicing Agreement (Wells Fargo Financial Auto Owner Trust 2005-A), Subservicing Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A)

Third Party Beneficiary. The Each of the Seller, only to the Depositor ----------------------- extent provided in Section 13(c), and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto.

Appears in 2 contracts

Samples: Administration Agreement (Navistar Financial Retail Receivables Corporation), First Security Bank Na

Third Party Beneficiary. The Each of the Seller, only to the Depositor extent provided in Section 13(c), and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto. The Control Party and its successors and assigns shall be third-party beneficiaries to the provisions of this Agreement, as it may be supplemented or amended, and shall be entitled to rely upon and directly to enforce the provisions of this Agreement.

Appears in 2 contracts

Samples: Administration Agreement (Alliance Laundry Systems LLC), Alliance Laundry Corp

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Third Party Beneficiary. The Each of the Seller, only to the Depositor extent provided in Section 13(c), and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto. The Administrative Agent and its successors and assigns shall be third party beneficiaries to the provisions of this Agreement, as it may be supplemented or amended, and shall be entitled to rely upon and directly to enforce the provisions of this Agreement.

Appears in 1 contract

Samples: Administration Agreement (Alliance Laundry Systems LLC)

Third Party Beneficiary. The Seller, (solely to the Depositor extent of Section 1(a)(ii)(D) hereof) and the Owner Trustee are third-party beneficiaries to this Agreement and are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each they were a party hereto.

Appears in 1 contract

Samples: Administration Agreement (World Omni Auto Receivables LLC)

Third Party Beneficiary. The SellerEach of the Sellers (to the extent provided in Sections 7, the Depositor 10 and 11) and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto.

Appears in 1 contract

Samples: Citsf Administration Agreement (Chase Manhattan Bank Usa)

Third Party Beneficiary. The Seller, Each of the Depositor Sellers (to the extent provided in Section 11) and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto.

Appears in 1 contract

Samples: Administration Agreement (Chase Manhattan Bank Usa)

Third Party Beneficiary. The Seller, the Depositor and Depositor, the Owner Trustee and the Swap Counterparty are third-party beneficiaries to this Agreement and are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each were a party hereto.

Appears in 1 contract

Samples: Owner Trust Administration Agreement (Hyundai Abs Funding Corp)

Third Party Beneficiary. The Each of the Seller, only to the Depositor extent provided in Section 13(c), and the Owner Trustee are is a third-party beneficiaries beneficiary to this Agreement and are is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each it were a party hereto. The Insurer and its successors and assigns shall be third-party beneficiaries to the provisions of this Agreement, as it may be supplemented or amended, and shall be entitled to rely upon and directly to enforce the provisions of this Agreement.

Appears in 1 contract

Samples: Administration Agreement (Alliance Laundry Holdings LLC)

Third Party Beneficiary. The Seller, the Depositor and the Owner Trustee are third-party beneficiaries to this Agreement and are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if each were a party hereto. Nothing in this Agreement, express or implied, shall give to any other Person other than the parties hereto and their successors hereunder any benefit or any legal or equitable right, remedy or claim under this Agreement.

Appears in 1 contract

Samples: Administration Agreement (Fifth Third Auto Trust 2004-A)

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