Rights of Creditors and Third Parties. This Operating Agreement is entered into by and among 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 the Act or other 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.
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Samples: Operating Agreement (Juliana Mining Co Inc), Operating Agreement (Juliana Mining Co Inc), Operating Agreement (Juliana Mining Co Inc)
Rights of Creditors and Third Parties. This under Operating Agreement—The Operating Agreement is entered into by among the Company and among the Members for the exclusive benefit of the Company, its Members, and their successors and assignees. 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 the Act or other applicable statute, no such creditor or third party shall will 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 1 contract
Samples: Operating Agreement (Sentex Sensing Technology Inc)
Rights of Creditors and Third Parties. This under Operating Agreement - The Operating Agreement is entered into by among the Company and among the Members for the exclusive benefit of the Company, its Members, and their successors and assignees. 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 the Act or other 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 1 contract