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 among the Company and the Members for the exclusive benefit of the Company, its Members and their successors and assignees. This Company Agreement is expressly not intended for the benefit of any creditor of the Company or any other Person except to the extent specifically provided herein. Except and only to the extent expressly provided in this Company Agreement or by applicable statute, no such creditor or third party shall have any rights under this Company Agreement or any agreement between the Company and any Member with respect to any Capital Contribution or otherwise.

Appears in 3 contracts

Samples: Company Agreement (Valhi Inc /De/), Company Agreement (Valhi Inc /De/), Company Agreement (Valhi Inc /De/)

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RIGHTS OF CREDITORS AND THIRD PARTIES UNDER COMPANY AGREEMENT. This Company Agreement is entered into among the Company and the Members for the exclusive benefit of the Company, its Members and their successors and assignees. This Company Agreement is expressly not intended for the benefit of any creditor of the Company or any other Person except (other than Indemnitees pursuant to the extent specifically provided hereinSection 5.4). Except and only to the extent expressly provided in this Company Agreement or by applicable statute, no such creditor or third party shall have any rights under this Company Agreement (other than Indemnitees pursuant to Section 5.4) or any agreement between the Company and any Member with respect to any Capital Contribution or otherwise.

Appears in 1 contract

Samples: Company Agreement (Crown Media Holdings Inc)

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

Appears in 1 contract

Samples: Operating Agreement (Fibermark Office Products LLC)

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