Common use of Trust Agreement for Benefit of Certain Parties Only Clause in Contracts

Trust Agreement for Benefit of Certain Parties Only. Except for the terms of Section 4.01, Articles V and IX, Sections 10.01, 11.01 and 11.03 hereof, nothing herein, whether express or implied, shall be construed to give any Person other than the Owner Trustee and the Owner Participant any legal or equitable right, remedy or claim under or in respect of this Trust Agreement; but this Trust Agreement shall be held to be for the sole and exclusive benefit of the Owner Trustee and the Owner Participant.

Appears in 5 contracts

Samples: Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp)

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Trust Agreement for Benefit of Certain Parties Only. Except for the terms of Section 4.01, 8(l) of the Participation Agreement incorporated in Article VIII hereof and except as otherwise provided in Articles V and IXIX and Sections 2.02, Sections 3.01, 4.01, 6.07, 10.01, 10.02 and 11.01 and 11.03 hereof, nothing herein, whether express expressed or implied, shall be construed to give any Person person other than the Owner Trustee and the Owner Participant any legal or equitable right, remedy or claim under or in respect of this Trust Agreement; but this Trust Agreement shall be held to be for the sole and exclusive benefit of the Owner Trustee and the Owner Participant.

Appears in 5 contracts

Samples: Trust Agreement (Southwest Airlines Co), Trust Agreement (Southwest Airlines Co), Trust Agreement (Southwest Airlines Co)

Trust Agreement for Benefit of Certain Parties Only. Except for the terms of Section 4.01Article VIII hereof and except as otherwise provided in Article IX and Sections 6.07, Articles V 10.01 and IX, Sections 10.01, 11.01 and 11.03 hereof, nothing herein, whether express expressed or implied, shall be construed to give any Person person other than the Owner Trustee and the Owner Participant any legal or equitable right, remedy or claim under or in respect of this Trust Agreement; but this Trust Agreement shall be held to be for the sole and exclusive benefit of the Owner Trustee and the Owner Participant.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Willis Lease Finance Corp)

Trust Agreement for Benefit of Certain Parties Only. Except for the terms of Section 4.01Article VIII hereof and except as otherwise provided in Article IX and Sections 5.01, Articles V 6.07, 10.01 and IX, Sections 10.01, 11.01 and 11.03 hereof, nothing herein, whether express expressed or implied, shall be construed to give any Person person other than the Owner Trustee and the Owner Participant any legal or equitable right, remedy or claim under or in respect of this Trust Agreement; but this Trust Agreement shall be held to be for the sole and exclusive benefit of the Owner Trustee and the Owner Participant.

Appears in 1 contract

Samples: Trust Agreement (Tower Air Inc)

Trust Agreement for Benefit of Certain Parties Only. Except for the terms of Section 4.01Article VIII hereof and except as otherwise provided in Article IX and Sections 2.02 6.07, Articles V 10.01 and IX, Sections 10.01, 11.01 and 11.03 hereof, nothing herein, whether express expressed or implied, shall be construed to give any Person person other than the Owner Trustee and the Owner Participant any legal or equitable right, remedy or claim under or in respect of this Trust Agreement; but this Trust Agreement shall be held to be for the sole and exclusive benefit of the Owner Trustee and the Owner Participant.

Appears in 1 contract

Samples: Credit Agreement (Willis Lease Finance Corp)

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Trust Agreement for Benefit of Certain Parties Only. Except for the terms of Section 4.01, 5.02(i) of the Participation Agreement incorporated in Article VIII hereof and except as otherwise provided in Articles V IX and IX, Sections 10.01, 11.01 and 11.03 X hereof, nothing herein, whether express expressed or implied, shall be construed to give any Person other than the Owner Trustee and the Owner Participant any legal or equitable right, remedy or claim under or in respect of this Trust Agreement; but this Trust Agreement shall be held to be for the sole and exclusive benefit of the Owner Trustee and the Owner Participant.

Appears in 1 contract

Samples: Indenture and Security Agreement (Delta Air Lines Inc /De/)

Trust Agreement for Benefit of Certain Parties Only. Except for the terms of Section 2.02, Section 4.01, Articles V and IX, the first sentence of Section 6.01, and Sections 10.01, 11.01 and 11.03 hereof, nothing herein, whether express or implied, shall be construed to give any Person other than the Owner Trustee and the Owner Participant any legal or equitable right, remedy or claim under or in respect of this Trust Agreement; but this Trust Agreement shall be held to be for the sole and exclusive benefit of the Owner Trustee and the Owner Participant.

Appears in 1 contract

Samples: Trust Agreement (Midway Airlines Corp)

Trust Agreement for Benefit of Certain Parties Only. Except for the terms of Section 4.01, Articles V and IXVIII, Sections 10.019.01, 11.01 10.01 and 11.03 10.03 hereof, nothing herein, whether express or implied, shall be construed to give any Person other than the Owner Trustee Trustee, WFB, the Lessee and the Owner Participant any legal or equitable right, remedy or claim under or in respect of this Trust Agreement; but this Trust Agreement shall be held to be for the sole and exclusive benefit of the Owner Trustee Trustee, WFB, the Lessee and the Owner Participant.

Appears in 1 contract

Samples: Trust Agreement (Republic Airways Holdings Inc)

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