Common use of No Right of Action Clause in Contracts

No Right of Action. Homeowners and other third-party beneficiaries under this Agreement, if any, have no right of action to enforce the restrictive covenants or equitable servitudes created hereunder. OHCS and Borrower retain the right to enforce such covenants and servitudes. Homeowners and other third-party beneficiaries under this Agreement, if any, have no claim, cause of action or other right of recourse against Borrower or OHCS with respect to any action or lack of action taken by Borrower or OHCS with respect to this Agreement (including the described covenants and servitudes) or the Project arising from their rights, if any, under this Agreement or otherwise.

No Right of Action. Homeowners Residents and other third-party beneficiaries under this AgreementAgreement (including incorporated documents), if any, have no right of action to enforce the restrictive covenants or equitable servitudes created hereunder. OHCS and Borrower retain retains the exclusive right to enforce such covenants and servitudes. Homeowners Residents and other third-party beneficiaries under this AgreementAgreement (including incorporated documents), if any, have no claim, cause of action or other right of recourse against Borrower or OHCS with respect to any action or lack of action taken by Borrower or OHCS with respect to this Agreement (including the described covenants and servitudes) or the Project arising from their rights, if any, under this Agreement or otherwise.