Trust Payments for Customer’s Property Sample Clauses

Trust Payments for Customer’s Property. Any payments made by Customer for Customer's Property are expressly intended by Customer to be held in trust for the benefit of any subcontractor(s) used by Supplier to produce such Customer's Property, as applicable. Supplier agrees to hold such payments as trustee in trust for such subcontractor(s) until Supplier has paid the subcontractor(s) in full for such Customer's Prop- erty. Supplier acknowledges and agrees that such subcontractor is an intended third-party beneficiary of the terms of this Section 13.8 relating to the trust and accordingly, such Customer's Property subcontractor shall have the right to enforce the terms of this Section 13.8 directly against Supplier in subcontractor's own name. Supplier agrees that Customer has no obligation to Supplier or such subcontractor under this Section 13.8 other than making the payment to Supplier in accordance with an Agreement. In the event such subcontractor brings an action against Supplier under this section, Supplier agrees that it shall not join Customer in any such action.
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Related to Trust Payments for Customer’s Property

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