Common use of No Third Party Benefit Clause in Contracts

No Third Party Benefit. The provisions hereof are solely for the benefit of the LLC and its Member and are not intended to, and shall not be construed to, confer a right or benefit on any creditor of the LLC or any other Person.

Appears in 24 contracts

Samples: Operating Agreement (UHS of Timberlawn, Inc.), Operating Agreement (UHS of Timberlawn, Inc.), Operating Agreement (UHS of Timberlawn, Inc.)

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No Third Party Benefit. The provisions hereof are solely for the benefit of the LLC Company and its Member Members, Directors and Officers and are not intended to, and shall not be construed to, confer a right or benefit on any creditor of the LLC Company or any other Person.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (MacDermid Group Inc.), Limited Liability Company Operating Agreement (Magnachip Semiconductor LLC), Limited Liability Company Operating Agreement (Magnachip Semiconductor LLC)

No Third Party Benefit. The provisions hereof are solely for the benefit of the LLC Company and its Member Members and Managers and are not intended to, and shall not be construed to, confer a right or benefit on any creditor of the LLC Company or any other Personperson.

Appears in 4 contracts

Samples: Operating Agreement, Limited Liability Company Agreement (Internet Capital Group Inc), Operating Agreement (Maverick Oil & Gas, Inc.)

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No Third Party Benefit. The provisions hereof are solely for the benefit of the LLC and its Member Members and are not intended to, and shall not be construed to, confer a right or benefit on any creditor of the LLC or any other Person.

Appears in 2 contracts

Samples: Operating Agreement (UHS of Timberlawn, Inc.), Operating Agreement (UHS of Timberlawn, Inc.)

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