Common use of Benefit of Agreement; Third-Party Beneficiaries Clause in Contracts

Benefit of Agreement; Third-Party Beneficiaries. This ARR Agreement is for the benefit of and will be binding on the parties and their permitted successors and assigns. The Owner Trustee and the Indenture Trustee, for the benefit of the Noteholders, will be a third-party beneficiary of this ARR Agreement and may enforce this ARR Agreement against the Asset Representations Reviewer and the Servicer. For the avoidance of doubt, any amendment of this ARR Agreement that adversely affects the rights of the Owner Trustee or the Indenture Trustee requires the written consent of such affected party. No other Person will have any right or obligation under this ARR Agreement.