Common use of Benefits of Agreement; No Third-Party Rights Clause in Contracts

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company (other than Covered Persons) or by any creditor of the Member or the Special Member. Nothing in this Agreement shall be deemed to create any right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person (other than Covered Persons and except as provided in Section 27).

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Nuco2 Inc /De), Limited Liability Company Agreement (Nuco2 Inc /De), Limited Liability Company Agreement (Nuco2 Inc /De)

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Benefits of Agreement; No Third-Party Rights. None Except as set forth in Section 8(d)(iv), none of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company (other than Covered Persons) or by any creditor of the Economic Member or the Special an Independent Member. Nothing Except as set forth in Section 8(d)(iv), nothing in this Agreement shall be deemed to create any right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person (other than Covered Persons and except as provided in Section 27Persons).

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Toys R Us Property Co II, LLC), Limited Liability Company Agreement (Toys R Us Property Co I, LLC), Limited Liability Company Agreement (Toys R Us Property Co I, LLC)

Benefits of Agreement; No Third-Party Rights. None Except as set forth in Section 8(d)(iv) and Section 4(c), none of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company (other than Covered Persons) or by any creditor of the Economic Member or the Special an Independent Member. Nothing Except as set forth in Section 8(d)(iv) and Section 4(c), nothing in this Agreement shall be deemed to create any right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person (other than Covered Persons and except as provided in Section 27Persons).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Tru 2005 Re I, LLC), Limited Liability Company Agreement (Tru 2005 Re I, LLC), Limited Liability Company Agreement (Tru 2005 Re I, LLC)

Benefits of Agreement; No Third-Party Rights. None Except for the Lender with respect to the Special Purpose Provisions, (i) none of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company (other than Covered Persons) or by any creditor of the Member or the Special Member. Nothing Members and (ii) nothing in this Agreement shall be deemed to create any right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person (other than Covered Persons and except as provided in Section 27Persons).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)

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Benefits of Agreement; No Third-Party Rights. None Except for the Lender, its successors or assigns as holders of the Loan with respect to the matters set forth in Section 8(d), during any period when the Loan remains outstanding, none of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company (other than Covered Persons) or by any creditor of the Member or the Special Member. Nothing in this Agreement shall be deemed to create any right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person (other than Covered Persons and except as provided in Section 27Persons).

Appears in 1 contract

Samples: Limited Liability Company Agreement

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