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55A - PROPOSITION 1A SECURITIZATION PROGRAM
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11/02/2009
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55A - PROPOSITION 1A SECURITIZATION PROGRAM
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Last modified
1/3/2012 4:14:29 PM
Creation date
10/27/2009 7:42:25 AM
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City Clerk
Doc Type
Agenda Packet
Item #
55A
Date
11/2/2009
Destruction Year
2014
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15. Third Party Rights. The Trustee and each Credit Enhancer are express and <br />intended third party beneficiaries under this Agreement. Nothing expressed in or to be implied <br />from this Agreement is intended to give, or shall be construed to give, any Person, other than the <br />parties hereto, the Trustee, and each Credit Enhancer, and their permitted successors and assigns <br />hereunder, any benefit or legal or equitable right, remedy or claim under or by virtue of this <br />Agreement or under or by virtue of any provision herein. <br />16. Partial Invalidity. If at any time any provision of this Agreement is or <br />becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, neither <br />the legality, validity or enforceability of the remaining provisions of this Agreement nor the <br />legality, validity or enforceability of such provision under the law of any other jurisdiction shall <br />in any way be affected or impaired thereby. <br />17. Counterparts. This Agreement may be executed in any number of identical <br />counterparts, any set of which signed by all the parties hereto shall be deemed to constitute a <br />complete, executed original for all purposes. <br />18. Entire Agreement. This Agreement sets forth the entire understanding and <br />agreement of the parties with respect to the subject matter hereof and supersedes any and all oral <br />or written agreements or understandings between the parties as to the subject matter hereof. <br />11 <br />55A-19 <br />
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