Common use of Benefits of Trust Agreement Clause in Contracts

Benefits of Trust Agreement. The Note Insurer and any successor and assign shall be a third-party beneficiary to the provisions of this Trust agreement. To the extent that this Trust Agreement confers upon or gives or grants to the Note Insurer any right, remedy or claim under or by reason of this Trust Agreement, the Note Insurer may enforce any such right, remedy or claim conferred, given or granted hereunder. Nothing in this Trust Agreement, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, and the Certificateholders and the Note Insurer, any benefit or any legal or equitable right, remedy or claim under this Trust Agreement.

Benefits of Trust Agreement. The Note Insurer and any successor its successors and assign assigns shall be a third-party beneficiary to the provisions of this Trust agreementAgreement. To the extent that this Trust Agreement confers upon or gives or grants to the Note Insurer any right, remedy or claim under or by reason of this Trust Agreement, the Note Insurer may enforce any such right, remedy or claim conferred, given or granted hereunder. Nothing in this Trust AgreementAgreement or in the, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, and the Certificateholders and the Note Insurer, any benefit or any legal or equitable right, remedy or claim under this Trust Agreement.

Benefits of Trust Agreement. The Note Insurer and any successor its successors and assign assigns shall be a third-party beneficiary to the provisions of this Trust agreementAgreement. To the extent that this Trust Agreement confers upon or gives or grants to the Note Insurer any right, remedy or claim under or by reason of this Trust Agreement, the Note Insurer may enforce any such right, remedy or claim conferred, given or granted hereunder. Nothing in this Trust Agreement, express or implied, Agreement shall give to any Person, Person other than the parties hereto and their successors hereunder, and the Certificateholders and the Note Insurer, any benefit or any legal or equitable right, remedy or claim under this Trust Agreement, provided, however, that the Owner Trustee shall not be deemed as a fiduciary to the Note Insurer.

Benefits of Trust Agreement. The Note Insurer and any successor its successors and assign assigns shall be a third-party beneficiary to the provisions of this Trust agreementAgreement. To the extent that this Trust Agreement confers upon or gives or grants to the Note Insurer any right, remedy or claim under or by reason of this Trust Agreement, the Note Insurer may enforce any such right, remedy or claim conferred, given or granted hereunder. Nothing in this Trust Agreement, express or implied, Agreement shall give to any Person, Person other than the parties hereto and their successors hereunder, and the Certificateholders and the Note Insurer, any benefit or any legal or equitable right, remedy or claim under this Trust Agreement.

Benefits of Trust Agreement. The Note Insurer and any successor and assign shall be a third-party beneficiary to the provisions of this Trust agreementAgreement. To the extent that this Trust Agreement confers upon or gives or grants to the Note Insurer any right, remedy or claim under or by reason of this Trust Agreement, the Note Insurer may enforce any such right, remedy or claim conferred, given or granted hereunder. Nothing in this Trust Agreement, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, and the Certificateholders and the Note Insurer, any benefit or any legal or equitable right, remedy or claim under this Trust Agreement.