Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the Company. No creditor of the Company will be entitled to require the Member to solicit or accept any loan or additional capital contribution for the Company or to enforce any right which the Company may have against a Member, whether arising under this Agreement or otherwise.
Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company, any Subsidiary or any Member, and no creditor of the Company, any Subsidiary or any Member shall be entitled to require the Company or any Subsidiary to solicit or the Members to make any Capital Contribution to the Company or any Subsidiary or to enforce any right which the Company, any Subsidiary or any Member may have against any Member under this Agreement or otherwise.
Creditors Not Benefited. Nothing in this Agreement is intended to nor shall it benefit any creditor of the Partnership. No creditor of the Partnership will be entitled to require any Partner to solicit or accept any loan or Additional Capital Contribution for the Partnership or to enforce any right which the Partnership or any Partner may have against a Partner, whether arising under this Agreement or otherwise except as required by the Act or Applicable Law.
Creditors Not Benefited. NOTHING CONTAINED IN THIS AMENDMENT IS INTENDED OR SHALL BE DEEMED TO BENEFIT ANY CREDITOR OF THE COMPANY OR THE MEMBER, AND NO CREDITOR OF THE COMPANY SHALL BE ENTITLED TO REQUIRE THE COMPANY OR THE MEMBER TO SOLICIT OR ACCEPT ANY CAPITAL CONTRIBUTION FOR THE COMPANY OR TO ENFORCE ANY RIGHT WHICH THE COMPANY MAY HAVE AGAINST THE MEMBER UNDER THIS AGREEMENT.
Creditors Not Benefited. Nothing in this Agreement (including specifically Sections 4.4, 5.4, 6.3 and 11.2) is intended to benefit any creditor of (i) the Partnership or (ii) a Partner. No creditor of the Partnership or a Partner will be entitled to require the General Partner to solicit or accept any loan or additional capital contribution for the Partnership or to enforce any right which the Partnership or any Partner may have against a Partner, whether arising under this Agreement or otherwise. ~18~
Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Parties or any other third party.
Creditors Not Benefited. No creditor of the Company or other Person not a Member shall have any right or benefit under or in respect of this Agreement (and, without limiting the generality of the foregoing, no such Person shall have any right to enforce any obligation of any Member to make capital contributions or loans or to pursue any other right or remedy hereunder or in respect hereof or at law or in equity), it being understood and agreed that the provisions of this Agreement shall be solely for the benefit of, and may be enforced solely by, the Members and the Company and their respective successors and assigns. None of the rights or obligations of the Members herein set forth to make capital contributions or loans to the Company shall be deemed an asset of the Company for any purpose by any creditor or other third party, nor may such rights or obligations be sold, transferred or assigned by the Company or pledged or encumbered by the Company to secure any debt or other obligation of the Company or of any of the Members. In addition, it is the intent of the parties hereto that no distribution to any Member shall be deemed a return of money or other property in violation of the Act.
Creditors Not Benefited. 24 14.6 Severability..............................................24 14.7 Successors................................................24 14.8 Counterparts..............................................24 14.9
Creditors Not Benefited. The provisions of this Agreement (including, but not limited to any provisions that make reference to any lender or other third party or that could benefit any lender or other third party) are intended for the exclusive benefit of the parties hereto, and no other person (including, but not limited to, the creditors of the Company or of any Member) shall have any right or claim against any party by reason of any provision of this Agreement or be entitled to enforce any provision of this Agreement against any party (including, but not limited to, any provision relating to the Initial Loan). Without limiting the foregoing, nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company or any Member, and no creditor of the Company shall be entitled to require the Company or the Members to solicit or accept any Additional Capital Contribution from any Member or to enforce any other right that the Company or any Member may have against any Member under this Agreement.
Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the Company, a Member or Manager. No creditor of the Company, a Member or Manager will be entitled to require Manager to solicit or accept any loan or additional capital contribution for the Company or to enforce any right that the Company, a Member or Manager may have against the Company, a Member or Manager, whether arising under this Agreement or otherwise. Section 12.15. Waiver of Trial by Jury. THE PARTIES HEREBY IRREVOCABLY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT. THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT. IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT.
