Common use of Creditors; No Third Party Beneficiaries Clause in Contracts

Creditors; No Third Party Beneficiaries. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditors of the Fund. This Agreement is entered into for the exclusive benefit of the parties hereto, and there shall be no other beneficiaries hereof, except as expressly provided herein.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

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Creditors; No Third Party Beneficiaries. None of the provisions of this Agreement shall be for the benefit of of, or enforceable by by, any creditors creditor of the FundCompany or other person, including (without limitation) any Member in such Member’s capacity as a creditor. This Agreement No person not a party hereto is entered into for the exclusive benefit intended to be a third party beneficiary of the parties hereto, and there shall be no other beneficiaries hereof, except as expressly provided hereinthis Agreement.

Appears in 1 contract

Samples: Operating Agreement

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Creditors; No Third Party Beneficiaries. None of the provisions of this Agreement shall be for the benefit of of, or enforceable by by, any creditors creditor of the FundCompany or other Person, including without limitation any Member in such Member’s capacity as a creditor. This No Person not a party to this Agreement is entered into for the exclusive benefit intended to be a third-party beneficiary of the parties hereto, and there shall be no other beneficiaries hereof, except as expressly provided hereinthis Agreement.

Appears in 1 contract

Samples: Operating Agreement

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