Common use of Rights of Creditors and Third Parties under Operating Agreement Clause in Contracts

Rights of Creditors and Third Parties under Operating Agreement. This Operating 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 Operating 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 Operating Agreement or any agreement between the Company and any Member with respect to any Capital Contribution or otherwise.

Appears in 5 contracts

Samples: Operating Agreement (Growblox Sciences, Inc.), Operating Agreement (ResCare Finance, Inc.), Operating Agreement (THM Homes Inc)

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Rights of Creditors and Third Parties under Operating Agreement. This Operating Agreement is entered into among between the Company and the Members Member for the exclusive benefit of the Company, its MembersMember, and their successors and assignees. This Operating 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 Operating Agreement or any agreement between the Company and any the Member with respect to any Capital Contribution capital contribution or otherwise.

Appears in 3 contracts

Samples: Great Plains Energy Inc, Great Plains Energy Inc, Great Plains Energy Inc

Rights of Creditors and Third Parties under Operating Agreement. This The Operating Agreement is entered into among the Company and the Members for the exclusive benefit of the Company, its Members, Members and their successors and assigneespermitted assigns. This The Operating 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 Operating Agreement or any agreement between the Company and any Member with respect to any Capital Contribution or otherwise.

Appears in 2 contracts

Samples: Annex A (Biotech Co LLC), Annex A (Bioceres Group PLC)

Rights of Creditors and Third Parties under Operating Agreement. This Operating Agreement is entered into among between the Company and the Members for the exclusive benefit of the Company, its Members, and their successors and assignees. This Operating 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 Operating Agreement or any agreement between the Company and any Member the Members with respect to any Capital Contribution or otherwise.

Appears in 2 contracts

Samples: Operating Agreement (Ethanex Energy, Inc.), Operating Agreement (Baywood International Inc)

Rights of Creditors and Third Parties under Operating Agreement. This Operating Agreement is entered into among between the Company and the Members Member for the exclusive benefit of the Company, its Members, Member and their successors and assignees. This Operating 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 Operating Agreement or any agreement between the Company and any the Member with respect to any Capital Contribution or otherwise.

Appears in 2 contracts

Samples: Operating Agreement (Mesa Air New York, Inc.), Operating Agreement

Rights of Creditors and Third Parties under Operating Agreement. This Operating 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 Operating 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 Operating 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

Rights of Creditors and Third Parties under Operating Agreement. This Operating Agreement is entered into among between the Company and the Members Member for the exclusive benefit of the Company, its Members, the Member and their successors and assigneesassigns. This Operating Agreement is expressly not intended for the benefit of any creditor of the Company or any other Personparty. Except and only to the extent provided by applicable statute, no such creditor or third other party shall will have any rights under this Operating Agreement or any other agreement between the Company and any the Member with respect to any Capital Contribution or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Dover Motorsports Inc)

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Rights of Creditors and Third Parties under Operating Agreement. This Operating 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 Operating 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 Operating 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

Rights of Creditors and Third Parties under Operating Agreement. This Operating Agreement is entered into by and among the Company and the Members for the exclusive benefit of the Company, its Members, and their successors and assignees. This Operating 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 Operating 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 (Wingfoot Ventures Eight Inc.)

Rights of Creditors and Third Parties under Operating Agreement. This Operating Agreement is entered into among between the Company and the Members Member for the exclusive benefit of the Company, its MembersMember, and their successors and assignees. This Operating 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 Operating Agreement or any agreement between the Company and any the Member with respect to any Capital Contribution or otherwise.

Appears in 1 contract

Samples: Operating Agreement (National Credit & Guaranty CORP)

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