Common use of Creditors Not Benefited Clause in Contracts

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.

Appears in 9 contracts

Samples: Operating Agreement (Benefit Holding, Inc.), Operating Agreement (Qorvo Texas, LLC), Operating Agreement

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Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company. No Company or any Member, and no creditor of the Company will shall be entitled to require the Member Company or the Members to solicit or accept any loan or additional capital contribution Additional Capital Contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising any Member under this Agreement or otherwiseotherwise or under any guaranty.

Appears in 6 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (ACP Watermark Investment LLC), Limited Liability Company Agreement (Strategic Realty Trust, Inc.)

Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company. No Company or any Member, and no creditor of the Company will shall be entitled to require the Member Company or the Members to solicit or accept any loan or additional capital contribution Additional Capital Contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising any Member under this Agreement or otherwiseotherwise or under any Guaranty.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (New Home Co LLC), Limited Liability Company Agreement (Strategic Hotels & Resorts, Inc), Limited Liability Company Agreement (Strategic Hotels & Resorts, Inc)

Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the CompanyCompany or of the Member. No creditor of the Company or of the Member will be entitled to require the Company or the Member to solicit or accept any loan or additional capital contribution for the Company or to require the Company enforce any right which the Company may have against a the Member, whether arising under this Agreement or otherwise.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Benefit Holding, Inc.), Limited Liability Company Agreement (Benefit Holding, Inc.), Limited Liability Company Agreement (Benefit Holding, Inc.)

Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the CompanyCompany or of the Member. No creditor of the Company or of the Member 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 or the Member may have against a the Member, whether arising under this Agreement or otherwise.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Benefit Holding, Inc.), Limited Liability Company Agreement (Benefit Holding, Inc.), Medcom Inc /Nj/

Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the Company. No creditor of the Company or the Member 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 the Member, whether arising under this Agreement or otherwise.

Appears in 3 contracts

Samples: Operating Agreement (Groundfloor Real Estate 3, LLC), Operating Agreement (Groundfloor Yield LLC), Operating Agreement (Groundfloor Yield LLC)

Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company. No Company or any creditor of any Member, and no creditor of the Company will shall be entitled to require the Member Company or the Members to solicit or accept any loan or additional capital contribution Additional Capital Contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising any Member under this Agreement or otherwiseotherwise or under any guaranty.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Behringer Harvard Opportunity REIT II, Inc.), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT II, Inc.), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company. No Company or the Sole Member, and no creditor of the Company will shall be entitled to require the Company or the Sole Member to solicit or accept any loan or additional capital contribution for the Company or to enforce any right which the Company or the Sole Member may have against a Member, whether arising under this Agreement or otherwiseAgreement.

Appears in 3 contracts

Samples: Operating Agreement (Peninsula Gaming, LLC), Operating Agreement (Old Evangeline Downs Capital Corp), Operating Agreement (Old Evangeline Downs Capital Corp)

Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company. No Company or any member, and no creditor of the Company will shall be entitled to require the Member Company or the Members to solicit or accept any loan or additional capital contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising any Member under this Agreement or otherwise.Agreement. * * *

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Broadview Networks Holdings Inc), Limited Liability Company Operating Agreement (Broadview Networks Holdings Inc)

Creditors Not Benefited. Nothing in this Company Agreement is intended to benefit any creditor of (i) the CompanyCompany or (ii) the Members. No creditor of the Company or the Members will be entitled to require the Managing 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 Memberthe Members or any other Person, whether arising under this Company Agreement or otherwise.

Appears in 2 contracts

Samples: Operating Agreement (FD Spinco II, Inc.), Operating Agreement (FD Spinco II, Inc.)

Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company. No Company or any Member, and no creditor of the Company will shall be entitled to require the Member Company or the Members to solicit or accept any loan or additional capital contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising any Member under this Agreement or otherwiseAgreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (TNHC - Santa Clarita GP LLC), Limited Liability Company Agreement (TNHC - Santa Clarita GP LLC)

Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company. No Company or any member, and no creditor of the Company will shall be entitled to require the Member Company or the Members to solicit or accept any loan or additional capital contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising any Member under this Agreement or otherwiseAgreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Catalog Resources, Inc.), Operating Agreement (Peninsula Gaming Corp)

Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to benefit any creditor of the Company. No Company or any member, and no creditor of the Company will shall be entitled to require the Member Company or the Members to solicit or accept any loan or additional capital contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising any Member under this Agreement Agreement. accept any capital contribution for the Company or otherwiseto enforce any right which the Company or any Member may have against any Member under this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Catalog Resources, Inc.)

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Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the CompanyCompany or of any Member. No creditor of the Company or any Member will be entitled to require the Member Managers to solicit or accept any loan or additional capital contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising under this Agreement or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Air T Inc)

Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the Company. No creditor of the Company or the Member 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 the Member, whether arising under this Agreement or otherwise.. [signature page to Operating Agreement of Groundfloor Real Estate 1, LLC]

Appears in 1 contract

Samples: Operating Agreement (Groundfloor Real Estate 1, LLC)

Creditors Not Benefited. Nothing contained in this Agreement is intended or will be deemed to benefit any creditor of the Company. No Company or of any Member, and no creditor of the Company will be is entitled to require the Member Company or the Members to solicit or accept any loan or additional capital contribution Capital Contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising any Member under this Agreement or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Turbochef Technologies Inc)

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 Members to make, solicit or accept any loan or additional capital contribution 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.

Appears in 1 contract

Samples: Operating Agreement

Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the CompanyCompany or of any Member. No creditor of the Company or any of the Members will be entitled to require the Member Company or the Members to solicit or accept any loan or additional capital contribution Capital Contribution for the Company or to require the Company enforce any right which the Company may have against a the Member, whether arising under this Agreement or otherwise.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Benefit Holding, Inc.)

Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the CompanyCompany or of any Member. No creditor of the Company or of any Member will be entitled to require the Member Managers to solicit or accept any loan or additional capital contribution for the Company or to enforce any right which the Company or any Member may have against a Member, whether arising under this Agreement or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Bespoke Capital Acquisition Corp)

Creditors Not Benefited. Nothing in this Agreement is intended to benefit any creditor of the CompanyCompany or of any Member. No creditor of the Company or of any Member will be entitled to require the Member Managers to solicit or accept any loan or additional capital contribution for the Company company or to enforce any right which the Company or any Member may have against a Member, whether arising under this Agreement or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Spanco Industries, Inc.)

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