Common use of Not for Benefit of Creditors Clause in Contracts

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among past, present and future Members, Managers the Adviser, the Platform Manager and the Fund. This Agreement is not intended for the benefit of non-Member creditors and no rights are granted to non-Member creditors under this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Partners Group Private Real Estate (Master), LLC)

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Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among past, present and future MembersInvestors, Managers the AdviserManagers, the Platform Manager Special Advisory Member and the Fund. This Agreement is not intended for the benefit of non-Member Investor creditors and no rights are granted to non-Member Investor creditors under this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Arden Registered Institutional Advisers LLC)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among past, present and future MembersShareholders, Managers the Adviser, the Platform Manager and the Fund. This Agreement is not intended for the benefit of non-Member Shareholder creditors of any Shareholder, any Manager, or the Fund, and no rights are granted to non-Member Shareholder creditors under this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Constitution Capital Access Fund, LLC)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among past, present present, and future MembersMembers (including the Investment Adviser), Managers the AdviserDirectors, the Platform Manager and the Master Fund. This Agreement is not intended for the benefit of non-Member creditors and no rights are granted to non-Member creditors under this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Topiary Master Fund for Benefit Plan Investors (BPI) LLC)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among past, present and future Members, Managers the AdviserDirectors, Officers, HSBCAdmin, the Platform Manager Special Advisory Member and the Fund. This Agreement is not intended for the benefit of non-Member creditors and no rights are granted to non-Member creditors under this AgreementAgreement (except as provided in Section 3.7).

Appears in 1 contract

Samples: Limited Liability Company Agreement (HSBC Absolute Return Portolio LLC)

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Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among past, present and future Members, Managers the Adviser, the Platform Manager and the Master Fund. This Agreement is not intended for the benefit of non-Member creditors and no rights are granted to non-Member creditors under this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Excelsior Low Volatility Hedge Fund of Funds Master Fund LLC)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among past, present and future Members, Managers the AdviserManagers, the Platform Manager J.X. Xxxxxxx and the Fund. This Agreement is not intended for the benefit of non-Member creditors and no rights are granted to non-Member creditors under this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (JHW Pan Asia Strategies Master Fund, LLC)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among past, present present, and future MembersMembers (including the Manager), Managers the AdviserDirectors, the Platform Manager and the Master Fund. This Agreement is not intended for the benefit of non-Member creditors and no rights are granted to non-Member creditors under this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Rochdale Core Alternative Strategies Master Fund LLC)

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