Common use of Rights of Creditors and Third Parties Clause in Contracts

Rights of Creditors and Third Parties. This Agreement is entered into solely to govern the operation of the Company. This Agreement is expressly not intended for the benefit of any creditor of the Company or any other person.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (Cooke Bros Holdings LTD), Limited Liability Company Agreement (Cooke Bros Holdings LTD), Limited Liability Company Agreement (Cooke Bros Holdings LTD)

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Rights of Creditors and Third Parties. This Agreement is entered into by the Member solely to govern the operation of the Company. 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 other agreement between the Company and the Member, with respect to the subject matter hereof.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (William Underwood Co), Limited Liability Company Agreement (B&G Foods Snacks, Inc.), Limited Liability Company Agreement (B&G Foods North America, Inc.)

Rights of Creditors and Third Parties. This Agreement is entered into by the Members solely to govern the operation of the Company. 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 other agreement between the Company and the Members, with respect to the subject matter hereof.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (William Underwood Co), Limited Liability Company Agreement (William Underwood Co), Limited Liability Company Agreement (William Underwood Co)

Rights of Creditors and Third Parties. This Agreement is entered into solely to govern among the operation Company and the Members for the exclusive benefit of the Company, its Members and their successors and assigns. This The Agreement is expressly not intended for the benefit of any creditor of the Company or any Series of the Company or any other person. Except and only to the extent provided by the Act, no such creditor or third party shall have any rights under the Agreement or any agreement between the Company and any Member with respect to any Contribution or otherwise.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (HomeStreet, Inc.), Limited Liability Company Operating Agreement (HomeStreet, Inc.)

Rights of Creditors and Third Parties. This Agreement is entered into by the Member solely to govern the operation of the Company. This Agreement is expressly not intended for the benefit of any creditor of the Company or any other personPerson other than Persons to be indemnified pursuant to Section 13 and the heirs, personal representatives, successors and assigns of the Member or of such indemnified Persons. Except to the extent provided by applicable law, no creditor or third party shall have any rights under this Agreement.

Appears in 3 contracts

Samples: Operating Agreement (DTWC Spokane City Center SPE, LLC), Operating Agreement (DTWC Spokane City Center SPE, LLC), Limited Liability Company Operating Agreement (DTWC Spokane City Center SPE, LLC)

Rights of Creditors and Third Parties. This Agreement is entered into by the Member solely to govern the operation of the Company. This Agreement is expressly not intended for the benefit of any creditor of the Company or any other personperson other than the heirs, personal representatives, successors and assigns of the Member. Except and only to the extent provided by applicable statute, no creditor or third party will have any rights under this Agreement or any agreement between the Company and the Member, with respect to the subject matter of this Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (EXCO Resources (XA), LLC), Limited Liability Company Agreement (EXCO Resources (XA), LLC), Limited Liability Company Agreement (EXCO Resources (XA), LLC)

Rights of Creditors and Third Parties. This Agreement is entered into by the Members solely to govern the operation of the Company. This 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 or expressly provided by this Agreement, no such creditor or third party shall have any rights under this Agreement or any other agreement between the Company and the Members, with respect to the subject matter hereof.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (European Wax Center, Inc.), Limited Liability Company Agreement (European Wax Center, Inc.)

Rights of Creditors and Third Parties. This Agreement is entered into by the Member solely to govern the operation of the Company. This Agreement is expressly not intended for the benefit of any creditor of the Company or any other personperson other than the heirs, personal representatives, successors and assigns of the Member. 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 the Member, with respect to the subject matter hereof.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (MDS Energy Public 2013-B Lp)

Rights of Creditors and Third Parties. This Agreement is entered into by the Member solely to govern the operation of the Company. This Agreement is expressly not intended for the benefit of any creditor of the Company or any other personperson other than the heirs, personal representatives and assigns of the Member. 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 the Member with respect to the subject matter hereof or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Young Touchstone Co)

Rights of Creditors and Third Parties. This Agreement is entered into by the Member solely to govern the operation of the Company. This Except as otherwise set forth herein, this Agreement is expressly not intended for the benefit of any creditor of the Company or any other personperson or entity other than the successors and assigns of the Member. Except and only to the extent provided by applicable statute and as otherwise set forth herein, no creditor or third party shall have any rights under this Agreement or any agreement between the Company and the Member with respect to the subject matter hereof.

Appears in 1 contract

Samples: Operating Agreement (Cornell Real Estate Holdings, LLC)

Rights of Creditors and Third Parties. This Agreement is entered into by the Member solely to govern the operation of the Company. 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 the Member, with respect to the subject matter hereof.

Appears in 1 contract

Samples: Operating Agreement (Rice Drilling B LLC)

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Rights of Creditors and Third Parties. This Agreement is entered into solely to govern by the operation Company and the Sole Member for the exclusive benefit of the Company, the Sole Member and its successors and assigns. This 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 Agreement or any agreement between the Company and a Member with respect to any capital contribution made by such Member to the Company or otherwise.

Appears in 1 contract

Samples: Operating Agreement (BioExpress, LLC)

Rights of Creditors and Third Parties. This Agreement is entered into by the Members solely to govern the operation of the Company. 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 other agreement with the Members with respect to the subject matter hereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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

Appears in 1 contract

Samples: Limited Liability Company Agreement (Speedway Motorsports Inc)

Rights of Creditors and Third Parties. This Agreement is entered into solely to govern by the operation Managers and the Member for the exclusive benefit of the Company, the Member, and its successors and assigns. This Agreement is expressly not intended for the benefit of any creditor of the Company or any other personPerson. Except to the extent provided by applicable statute, or contract, no such creditor or third party shall have any rights under this Agreement or any agreement between the Company and any Member.

Appears in 1 contract

Samples: Operating Agreement (Excel Corp)

Rights of Creditors and Third Parties. This Agreement is entered into solely to govern for the operation exclusive benefit of the Company, its Members, and their successors. This Except as provided in Article VI and Section 11.10(h), this Agreement is expressly not intended for the benefit of any creditor of the Company or any other personPerson.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Majestic Holdco, LLC)

Rights of Creditors and Third Parties. This Agreement is entered into by the Member solely to govern the operation of the Company. This Agreement is expressly not intended for the benefit of any creditor of the Company or any other personperson other than the successors and assigns of the Member. 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 the Member, with respect to the subject matter hereof.

Appears in 1 contract

Samples: Operating Agreement (APX Group Holdings, Inc.)

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