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

Rights of Creditors and Third Parties. This Agreement is entered into among Partners for the exclusive benefit of the Partnership, its Partners and their successors and assigns. The Agreement is expressly not intended for the benefit of any creditor of the Partnership 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 the Agreement or any agreement between the Partnership and any Partner with respect to any contribution or otherwise.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Call Now Inc), Limited Partnership Agreement (Call Now Inc)

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Rights of Creditors and Third Parties. This Agreement is entered into among Partners between the parties for the exclusive benefit of the PartnershipLLC, its Partners Member and their successors and assignsassignees. The This Agreement is expressly not intended for the benefit of any creditor of the Partnership LLC 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 the this Agreement or any agreement between the Partnership LLC and any Partner the Member with respect to any contribution Capital Contribution or otherwise.

Appears in 2 contracts

Samples: Operating Agreement (MP ASSETS Corp), Operating Agreement (MP ASSETS Corp)

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Rights of Creditors and Third Parties. This Agreement is entered into among Partners for the exclusive benefit of the Partnership, its Partners and their successors and assigns. The Agreement is expressly not intended for the benefit of any creditor of the Partnership Company or for any Person other personthan the Company, the Members and any Assignees. Except and only to the extent provided by applicable statute, no such creditor or third party shall have any rights under the this Agreement or any agreement between the Partnership Company and any Partner Member or Assignee with respect to any contribution Capital Contribution or otherwise.

Appears in 1 contract

Samples: Share Purchase Agreement (Scripps E W Co /De)

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