Rights of Creditors and Third Parties under this Agreement Sample Clauses

Rights of Creditors and Third Parties under this Agreement. This Agreement is entered into among the Members for the exclusive benefit of the Company, its Members, and their successors and assignees. This 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 creditor or third party shall have any rights under this Agreement or any Agreement between the Company and any Member with respect to any Capital Contribution or otherwise.
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Rights of Creditors and Third Parties under this Agreement. This Agreement is entered into between the Members for the exclusive benefit of the Company, the Managers, the Members, and their successors and assignees. This Agreement is expressly not intended for the benefit of any creditor of the Company, the Managers, the Members, 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 Agreement. None of the terms, covenants, obligations, or rights contained in this Agreement is or shall be deemed to be for the benefit of any Person other than the Company, the Managers, the Members, and their respective successor and assigns, and no such third person shall under any circumstances have any right to compel any actions or payments by the Managers or Members.
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Rights of Creditors and Third Parties under this Agreement. This Agreement is entered into among the Company and the Members for the exclusive benefit of the Company, its Members, and their permitted successors and assigns. This Agreement is expressly not intended for the benefit of any creditor of the Company or any other Person other than the Indemnified Parties as set forth in Section 6.4 hereof. Except and only to the extent provided by applicable statute or Section 6.4, no such creditor or third party shall have any rights under this Agreement, Admission Agreement or any agreement between the Company and any Member with respect to any Contribution or otherwise.
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Rights of Creditors and Third Parties under this Agreement. This Agreement is entered into among the Company, RMUSA and Cemex for the exclusive benefit of the Company, RMUSA and Cemex, and their successors and permitted assigns. This 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 Agreement or any agreement between the Company and RMUSA or Cemex with respect to any Contribution, or otherwise.
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Rights of Creditors and Third Parties under this Agreement. This Agreement is entered into among the Members for the exclusive benefit of the Company, its Members and their successors and permitted assigns. This 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 creditor or third party shall have any rights under this Agreement or any agreement between the Company and any Member with respect to any Capital Contribution or otherwise. Notwithstanding anything to the contrary in this Agreement, upon a liquidation within the meaning of Section 1.704-1(b)(2) of the Regulations, if any Member has a deficit in such Member’s Capital Account (after giving effect to all contributions, distributions, allocations and other Capital Account adjustments for all taxable years, including, without limitation, the year during which such liquidation occurs), such Member shall have no obligation to make any Capital Contribution for the purposes of eliminating or diminishing such negative Capital Account balance and such negative Capital Account balance shall not be considered a debt owed by such Member to the Company or to any other Person for any purpose whatsoever.
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Rights of Creditors and Third Parties under this Agreement. This Agreement is entered into between Seller and Buyer for the exclusive benefit of Seller and Buyer, and their successors and permitted assigns. This Agreement is expressly not intended for the benefit of any creditor of Seller or Buyer 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 Agreement.
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Related to Rights of Creditors and Third Parties under this Agreement

  • Rights of the Parties Nothing expressed or implied in this Agreement is intended or will be construed to confer upon or give any Person other than the parties hereto any rights or remedies under or by reason of this Agreement or any transaction contemplated hereby.

  • Rights of Parties Nothing in this Agreement, whether express or implied, is intended to confer any rights or remedies under or by reason of this Agreement on any Persons other than the parties hereto and their respective successors and assigns, nor shall any provision give any third Persons any right of subrogation or action over against any party to this Agreement. Without limiting the generality of the foregoing, it is expressly understood that this Agreement does not create any third party beneficiary rights.

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