Common use of Binding Effect; Third-Party Beneficiaries Clause in Contracts

Binding Effect; Third-Party Beneficiaries. This Agreement and the Conveyance Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Each of the Indenture Trustee and the Owner Trustee shall be considered a third-party beneficiary of this Agreement.

Appears in 13 contracts

Sources: Master Receivables Purchase Agreement (Household Automotive Trust 2004-1), Master Receivables Purchase Agreement (HSBC Automotive Trust 2005-1), Master Receivables Purchase Agreement (Household Auto Receivables Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement and the Conveyance Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Each of the Indenture Trustee and Issuer with respect to a Master Sale and Servicing Agreement and the related Owner Trustee shall be considered a third-party beneficiary of this Agreement.

Appears in 10 contracts

Sources: Master Receivables Purchase Agreement (HSBC Automotive Trust 2005-3), Master Receivables Purchase Agreement (Household Auto Receivables Corp), Master Receivables Purchase Agreement (Household Auto Receivables Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement and the Conveyance Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Each of the Indenture Trustee and the Owner Trustee Issuer shall be considered a third-party beneficiary of this Agreement.

Appears in 5 contracts

Sources: Master Receivables Purchase Agreement (Household Automotive Trust 2001-1), Master Receivables Purchase Agreement (Household Auto Receivables Corp), Master Receivables Purchase Agreement (Household Automotive Trust Vi Series 2000 3)

Binding Effect; Third-Party Beneficiaries. This Agreement and the Conveyance Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Each of the Indenture Trustee and the Owner Trustee Issuer shall be considered a third-party beneficiary of this Agreement.

Appears in 2 contracts

Sources: Master Receivables Purchase Agreement (Household Auto Receivables Corp), Master Receivables Purchase Agreement (Household Auto Receivables Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement and the Conveyance Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Each of the Indenture Trustee and Issuer with respect to a Master Sale and Servicing Agreement and 12 the related Owner Trustee shall be considered a third-party beneficiary of this Agreement.

Appears in 2 contracts

Sources: Master Receivables Purchase Agreement (Household Auto Receivables Corp), Master Receivables Purchase Agreement (Household Auto Receivables Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement and ----------------------------------------- the other Conveyance Papers will inure to the benefit of and be binding upon the parties hereto hereto, and their respective successors and permitted assigns. Each of the The Indenture Trustee and the Owner Trustee shall be considered a third-party beneficiary of this Agreement.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Spiegel Inc), Receivables Purchase Agreement (Spiegel Master Trust)

Binding Effect; Third-Party Beneficiaries. This Agreement and the Conveyance Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Each of the Indenture Trustee and Issuer with respect to a Sale and Servicing Agreement and the related Owner Trustee shall be considered a third-party beneficiary of this Agreement.

Appears in 2 contracts

Sources: Master Receivables Purchase Agreement (HSBC Auto Receivables Corp), Master Receivables Purchase Agreement (HSBC Auto Receivables Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement and the Conveyance Papers will inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Each of the Indenture Trustee and the Owner Trustee Issuer with respect to a Master Sale and Servicing Agreement shall be considered a third-party beneficiary of this Agreement.

Appears in 1 contract

Sources: Master Receivables Purchase Agreement (Household Auto Receivables Corp)