Common use of Agreement for Benefit of Parties Hereto Clause in Contracts

Agreement for Benefit of Parties Hereto. Nothing in this Deed of Trust, express or implied, is intended or shall be construed to confer upon, or to give to, any Person other than the parties hereto and the other Secured Parties bound hereby and their respective successors and assigns, any right, remedy or claim under or by reason of this Deed of Trust or any covenant, condition or stipulation hereof and the covenants, stipulations and agreements contained in this Deed of Trust are and shall be for the sole and exclusive benefit of the parties hereto and their respective successors and assigns.