Common use of RIGHTS OF CREDITORS AND THIRD PARTIES UNDER COMPANY AGREEMENT Clause in Contracts

RIGHTS OF CREDITORS AND THIRD PARTIES UNDER COMPANY AGREEMENT. This Company Agreement is entered into between the Company and the Member for the exclusive benefit of the Company, its Member, and their successors and assignees. This Company Agreement is not intended for the benefit of any creditor of the Company or any other Person. Except and only to the extent provided by applicable statute, no such creditor or third party shall have any rights under this Company Agreement or any agreement between the Company and the Member with respect to any Capital Contribution or otherwise.

Appears in 3 contracts

Samples: Operating Agreement (Williams Electronic Games, Inc.), Operating Agreement (Williams Electronic Games, Inc.), Operating Agreement (Williams Electronic Games, Inc.)

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RIGHTS OF CREDITORS AND THIRD PARTIES UNDER COMPANY AGREEMENT. This The Company Agreement is entered into between among the Company and the Member Members for the exclusive benefit of the Company, its MemberMembers, and their successors and assignees. This The Company Agreement is expressly not intended for the benefit of any creditor of the Company or any other Person. Except and only to the extent provided by applicable statute, no such creditor or third party shall have any rights under this the Company Agreement, Admission Agreement or any agreement between the Company and the any Member with respect to any Capital Contribution or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Citi TeeVee LLC)

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RIGHTS OF CREDITORS AND THIRD PARTIES UNDER COMPANY AGREEMENT. This Company Agreement is entered into between the Company adopted and declared by the Member for the exclusive benefit of the Company, its Member, and their the Member’s successors and assigneesassigns. This Company Agreement is expressly not intended for the benefit of any creditor of the Company or any other Personperson. Except and only to the extent provided by applicable statute, no such creditor or third party shall have any rights under this Company Agreement or any agreement between the Company and the Member with respect to any Capital Contribution capital contribution or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Austin Materials, LLC)

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