Limitation on Benefits of this Agreement. Subject to Section 7.5, it is the explicit intention of the Members that no person or entity other than the Members and the LLC is or shall be entitled to bring any action to enforce any provision of this Agreement against any Member or the LLC, and that the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the Members (or their respective successors and assigns as permitted hereunder) and the LLC.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Marshall Industries), Limited Liability Company Agreement (Wyle Electronics)
Limitation on Benefits of this Agreement. Subject to Section 7.57.11 and Section 8.6.2, it is the explicit intention of the Members that no person or entity Person other than the Members and the LLC is or shall be entitled to bring any action to enforce any provision of this Agreement against any Member or the LLC, and that the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the Members (or their respective successors and assigns as permitted hereunder) ), and the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Skyterra Communications Inc)
Limitation on Benefits of this Agreement. Subject to Section 7.57.05, it is the explicit intention of the Members that no person or entity other than the Members and the LLC is or shall be entitled to bring any action to enforce any provision of this Agreement against any Member or the LLC, and that the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the Members (or their respective successors and assigns as permitted hereunder) and the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dixie Group Inc)
Limitation on Benefits of this Agreement. Subject to Section 7.5SECTION 7.8 and SECTION 8.6, it is the explicit intention of the Members that no person or entity other than the Members and the LLC is or shall be entitled to bring any action to enforce any provision of this Agreement against any Member or the LLC, and that the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the Members (or their respective successors and assigns as permitted hereunder) and the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Covanta Energy Corp)
Limitation on Benefits of this Agreement. Subject to Section 7.57.6 and Section 8.6.2, it is the explicit intention of the Members that no person or entity other than the Members and the LLC is or shall be entitled to bring any action to enforce any provision of this Agreement against any Member or the LLC, and that the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the Members (or their respective successors and assigns as permitted hereunder) ), and the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Encore Clean Energy Inc)
Limitation on Benefits of this Agreement. Subject to Section 7.57.8 and Section 8.6(b), it is the explicit intention of the Members that no person or entity other than the Members and the LLC is or shall be entitled to bring any action to enforce any provision of this Agreement against any Member or the LLC, and that the covenants, undertakings and agreements set forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the Members (or their respective successors and assigns as permitted hereunder) ), and the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Boston Gear LLC)