Common use of Creditors Not Benefited Clause in Contracts

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.

Appears in 1 contract

Samples: Agreement of Partnership (Teppco Partners Lp)

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Creditors Not Benefited. Nothing contained in this Agreement is intended or shall be deemed to nor shall it benefit any creditor of the Partnership. No Partnership or of any Partner, and no creditor of the Partnership will shall be entitled to require any Partner the Partnership or the Partners 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 any Partner under this Agreement or otherwise except as required by the Act or Applicable Lawotherwise.

Appears in 1 contract

Samples: First Investors Financial Services Group Inc

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 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 except as required by the Act or Applicable Lawotherwise.

Appears in 1 contract

Samples: Cornell Corrections of Rhode Island, Inc.

Creditors Not Benefited. Nothing in this Agreement is intended to nor shall it benefit any creditor of the PartnershipPartnership or a Partner. No creditor of the Partnership or a Partner will be entitled to require any the General Partner to solicit or accept any loan or Additional Capital Contribution 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 Lawotherwise.

Appears in 1 contract

Samples: Brandywine Realty Trust

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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 the General Partner to solicit or accept any loan or Additional 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 Lawotherwise.

Appears in 1 contract

Samples: Limited Partnership Agreement (Hallwood Group Inc)

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 the General Partner to solicit or accept any loan or Additional Capital Contribution for the Partnership Partncrship 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 Lawotherwise.

Appears in 1 contract

Samples: Cornell Corrections of Rhode Island, Inc.

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