Sole Benefit of Members. The provisions of this Agreement are intended solely to benefit the Members and, to the fullest extent permitted by applicable Law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and the Members shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Sole Benefit of Members. Except as expressly provided in Section 5.3, Section 5.11, Section 5.14, ARTICLE VI and Section 11.6, the provisions of this Agreement (including without limitation Section 4.1) are intended solely to benefit the Members and, to the fullest extent permitted by applicable Law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company; provided, that Fiat shall be a third party beneficiary with respect to each provision of this Agreement that explicitly designates rights to Fiat, including but not limited to each provision of this Agreement that relates to the Fiat Directors and the Independent Directors.
Sole Benefit of Members. Except as expressly provided in Section 5.3, Section 5.14. Section 10.6 and ARTICLE VI, the provisions of this Agreement (including Section 4.1) are intended solely to benefit the Members and, to the fullest extent permitted by applicable Law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company; provided that the HoldCo Residual Value Interest Holders shall be third party beneficiaries with respect to each provision of this Agreement that relates to the Residual Value Interests; provided further that DCNAF shall be a third party beneficiary with respect to each provision of this Agreement that relates to the DX XxxXx
Sole Benefit of Members. Except as expressly provided in ARTICLE VI, the provisions of this Agreement (including without limitation Section 4.1) are intended solely to benefit the Members and, to the fullest extent permitted by applicable Law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company; provided, that FNA and Fiat Parent shall be third party beneficiaries with respect to each provision of this Agreement that explicitly designates rights to FNA or Fiat Parent, including but not limited to each provision of this Agreement that relates to the Directors.
Sole Benefit of Members. Except as expressly provided in Section 2 of Article VII, the provisions of this Agreement are intended solely to benefit the member(s) and, to fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company. The Initial Member has caused its duly authorized representative to execute this Agreement as of the date first written above. a Delaware corporation By: /s/ Xxxxxx X. Xxxxx Name: Xxxxxx X. Xxxxx Title: Vice President and Secretary ILI Acquisition Corp. 000 Xxxx Xxx Xxxx., Xxxxx 000 Xxxxxxx, Xxxxx 00000 100 December 3, 2010 Initial capitalization of the Company
Sole Benefit of Members. Except as expressly provided in Section 5.3, Section 5.14. Section 10.6 and ARTICLE VI, the provisions of this Agreement (including Section 4.1) are intended solely to benefit the Members and, to the fullest extent permitted by applicable Law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company; provided that the HoldCo Residual Value Interest Holders shall be third party beneficiaries with respect to each provision of this Agreement that relates to the Residual Value Interests; provided further that DCNAF shall be a third party beneficiary with respect to each provision of this Agreement that relates to the XX XxxXx Manager; provided, further, that CGI shall be a third party beneficiary with respect to each provision of this Agreement that explicitly designates rights to CGI, including but not limited to each provision of this Agreement that relates to the CGI XxxXx Managers and the Independent Managers. [SIGNATURE PAGE FOLLOWS]
Sole Benefit of Members. The provisions of these Regulations are intended solely to benefit the Members and, to the fullest extent permitted by applicable Law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of these Regulations), and the Members shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
