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

Trust Agreement for Benefit of Certain Parties Only. Nothing herein, whether expressed or implied, shall be construed to give any person other than Owner Trustee and Trustor any legal or equitable right, remedy or claim under or in respect of this Agreement; but this Agreement shall be held to be for the sole and exclusive benefit of Owner Trustee and Trustor.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement (Ubics Inc)

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Trust Agreement for Benefit of Certain Parties Only. Nothing herein, whether expressed or implied, shall be construed to give any person other than Owner Trustee and Trustor Owner Participant any legal or equitable right, remedy or claim under or in respect of this Agreement; but this Agreement shall be held to be for the sole and exclusive benefit of Owner Trustee and TrustorOwner Participant.

Appears in 1 contract

Samples: Third Trust Assignment and Assumption Agreement (Air T Inc)

Trust Agreement for Benefit of Certain Parties Only. Nothing Except as otherwise provided in Articles IX and X hereof, nothing herein, whether expressed or implied, shall be construed to give any person Person other than the Owner Trustee and the Trustor 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 Trustor.

Appears in 1 contract

Samples: Trust Agreement (Northwest Airlines Corp)

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Trust Agreement for Benefit of Certain Parties Only. Nothing herein, whether expressed express or implied, shall be construed to give any person Person other than the Owner Trustee Trustee, First Union, the Lessee and Trustor 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, First Union, the Lessee and Trustorthe Owner Participant.

Appears in 1 contract

Samples: Trust Agreement (Midway Airlines Corp)

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