Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member 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 Member shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 129 contracts
Samples: Limited Liability Company Agreement (Cnu of Virginia, LLC), Limited Liability Company Agreement (Cnu of Virginia, LLC), Limited Liability Company Agreement (Cnu of Virginia, LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member or a Special Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (except as provided in Section 29).
Appears in 69 contracts
Samples: Limited Liability Company Agreement (Santander Drive Auto Receivables LLC), Limited Liability Company Agreement (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Safeway Stores 42, Inc.)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person.
Appears in 69 contracts
Samples: Limited Liability Company Agreement (Terwin Securitization LLC), Limited Liability Company Agreement (University Club, Inc. (FL)), Limited Liability Company Agreement (University Club, Inc. (FL))
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of any Member. Nothing in this Agreement shall be deemed to create any right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the Company to make benefit of any contributions or payments to the Companythird person.
Appears in 31 contracts
Samples: Limited Liability Company Agreement (TCEH Finance, Inc.), Limited Liability Company Agreement (TCEH Finance, Inc.), Limited Liability Company Agreement (TCEH Finance, Inc.)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (other than Covered Persons).
Appears in 28 contracts
Samples: Limited Liability Company Agreement (CDM Environmental & Technical Services LLC), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (2420 Lakemont Avenue MM, LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of any Member. Nothing in this Agreement shall be deemed to create any right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the Company to make benefit of any contributions or payments to the Companythird Person.
Appears in 23 contracts
Samples: Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.), Limited Liability Company Agreement (GE Capital Funding, LLC), Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of any Member. Nothing in this Agreement shall be deemed to create any right in any person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the Company to make benefit of any contributions or payments to the Companythird person.
Appears in 19 contracts
Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third person.
Appears in 14 contracts
Samples: Limited Liability Company Agreement (Medical Evaluation Specialists), Limited Liability Company Agreement (Verity Administrators, Inc.), Operating Agreement (Verity Administrators, Inc.)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to (including Section 5.2) will be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member. Nothing in this Agreement will be deemed to make create any contributions right in any Person (other than the Indemnified Parties) not a party hereto, and this Agreement will not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person.
Appears in 11 contracts
Samples: Operating Agreement (Claymore MACROshares Oil Up Holding Trust), Operating Agreement (Claymore MACROshares Oil Up Holding Trust), Operating Agreement (Macro Inflation Depositor, LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Economic Member or a Special Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (except as provided in Section 28).
Appears in 10 contracts
Samples: Limited Liability Company Agreement (CNH Capital Receivables LLC), Limited Liability Company Agreement (CNH Capital Receivables LLC), Limited Liability Company Agreement (CNH Capital Receivables LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member or a Special Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (other than Covered Persons).
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Huntington Funding, LLC), Limited Liability Company Agreement (Kennedy-Wilson Properties (IL)), Limited Liability Company Agreement (San Juan Refining Co.)
Benefits of Agreement; No Third-Party Rights. The Subject to Section 10.09, none of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Persons indemnified pursuant to Article IX) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond CO III, LLC), Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (Centerpoint Energy Houston Electric LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Members, and nothing in this Agreement shall be deemed to make create any contributions right in any Person not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member, and nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Indemnitees) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person, except as provided in ARTICLE XXVI.
Appears in 8 contracts
Samples: Limited Liability Company Operating Agreement (Dynegy Power, LLC), Limited Liability Company Operating Agreement (Dynegy Power, LLC), Limited Liability Company Operating Agreement (Dynegy Power, LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty other than Indemnified Persons) or obligation to by any creditor of any Member. Nothing in this Agreement shall be deemed to create any right in any Person (other than Indemnified Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the Company to make benefit of any contributions or payments to the Companythird Person (other than Indemnified Persons and except as provided in Section 33).
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Platinum Security Solutions, Inc.), Limited Liability Company Agreement (Platinum Security Solutions, Inc.), Limited Liability Company Agreement (Platinum Security Solutions, Inc.)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Members. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (other than Covered Persons).
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member, and nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person, except as provided in ARTICLE XXVI.
Appears in 7 contracts
Samples: Limited Liability Company Operating Agreement (Dynegy Power, LLC), Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC), Original LLC Agreement (Dynegy Power, LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member, and nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person.
Appears in 7 contracts
Samples: Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC), Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC), Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member or a Special Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Company.benefit of any third Person (except as provided in Section 29). ----------
Appears in 6 contracts
Samples: Limited Liability (Capital One Master Trust), Limited Liability Company Agreement (Bond Securitization LLC), Limited Liability (Amsouth Auto Receivables LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (or by any creditor of a Member, and no such creditor nothing in this Agreement shall be deemed to create any right in any Person not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the benefit of any third Person, provided, however, that the Indemnitees and their respective successors and assigns are intended third-party beneficiary beneficiaries of this applicable indemnification provisions set forth in this Agreement), and the Member shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Cornerstone Healthcare Plus Reit, Inc.), Limited Liability Company Agreement (Cornerstone Healthcare Plus Reit, Inc.), Limited Liability Company Agreement (Sentio Healthcare Properties Inc)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member or the Special Members, if any, and this Agreement shall not be construed in any respect to make be a contract in whole or in part for the benefit of any contributions or payments to the Companythird Person, except as provided in Section 28.
Appears in 6 contracts
Samples: Vehicle Title Nominee Agreement (Hertz Corp), Collateral Agency Agreement (Hertz Global Holdings Inc), Assignment and Assumption Agreement (Hertz Global Holdings Inc)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty other than Covered Persons) or obligation to by any creditor of the Company Member or the Special Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (other than Covered Persons and except as provided in Section 27).
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Nuco2 Inc /De), Limited Liability Company Agreement (Nuco2 Inc /De), Limited Liability Company Agreement (Nuco2 Inc /De)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member or the Special Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (except as provided in Section 29).
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Credit Suisse Asset Repackaging Depositor LLC), Limited Liability Company Agreement (CSFB Asset Repackaging Depositor LLC), Limited Liability Company Agreement (Hartman Commercial Properties Reit)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (except as provided in Section 13.5).
Appears in 5 contracts
Samples: Limited Liability Company Agreement (3650 REIT Commercial Mortgage Securities LLC), Limited Liability Company Agreement (3650 REIT Commercial Mortgage Securities II LLC), Limited Liability Company Agreement (Barclays Commercial Mortgage Securities LLC)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member and the Responsible Parties and Covered Persons and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (other than Covered Persons) (and no such creditor shall be a third-party beneficiary of this Agreement), and the Member each Responsible Party shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Pioneer PE Holding LLC), Limited Liability Company Agreement (Nextier Oilfield Solutions Inc.), Limited Liability Company Agreement (Pioneer Energy Services LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of any of the Company Members. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Allegheny Energy Inc), Limited Liability Company Agreement (Allegheny Energy Inc), Limited Liability Company Agreement (Allegheny Energy Supply Co LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member, and nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person, except as provided in ARTICLE XXVIII.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC), Dynegy Morro Bay, LLC, Dynegy Morro Bay, LLC
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member or any Special Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Theravance Biopharma, Inc.), Limited Liability Company Agreement (GNMAG Asset Backed Securitizations, LLC), Limited Liability Company Agreement (Theravance Biopharma, Inc.)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member. Subject to make Section 27, nothing in this Agreement shall be deemed to create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person.
Appears in 3 contracts
Samples: Royalty Participation Agreement (Elan Corp PLC), Royalty Participation Agreement (Theravance Inc), Limited Liability Company Agreement (Chase Issuance Trust)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of any Member. Nothing in this Agreement shall be deemed to create any right in any Person (other than as a Covered Person) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the Company to make benefit of any contributions or payments to the Companythird Person.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (SeD Intelligent Home Inc.), Limited Liability Company Agreement (HF Enterprises Inc.), Limited Liability Company Agreement (HF Enterprises Inc.)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of a Member. Nothing in this Agreement shall be deemed to create any right in any Person not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or in part for the Company to make benefit of any contributions or payments to the Companythird Person.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Kennedy-Wilson Properties (IL)), Limited Liability Company Agreement (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Safeway Stores 42, Inc.)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member Members and, to the fullest extent permitted by applicable law, shall not be enforceable by any creditor of the Company or the Members and shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor or the Members. Nothing in this Agreement shall be deemed to create any right in any Person not a third-party beneficiary of this Agreement)hereto, and except as expressly provided herein, this Agreement shall not be construed in any respect to be a contract in whole or in part for the Member shall have no duty or obligation to benefit of any creditor of the Company to make any contributions or payments to the Companythird person.
Appears in 3 contracts
Samples: Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to (including Section 5.2) is for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member or a Special Member. Nothing in this Agreement is to make be deemed to create any contributions right in any Person (other than the Indemnified Parties) not a party to this Agreement, and this Agreement is not to be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (except as provided in Section 8.9).
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Ford Credit Floorplan LLC), Limited Liability Company Agreement (Ford Credit Floorplan Corp), Limited Liability Company Agreement (Triad Financial Special Purpose LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Member or a Special Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than Covered Persons) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (except as provided in Section 28).
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Education Funding Capital Trust I), Limited Liability Company Agreement (Education Capital I LLC), Limited Liability Company Agreement (Education Capital I LLC)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely to shall be for the benefit the Member and, to the fullest extent permitted of or enforceable 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 Member shall have no duty or obligation to by any creditor of the Company Primary Member or the Special Member. Nothing in this Agreement shall be deemed to make create any contributions right in any Person (other than the Special Member) not a party hereto, and this Agreement shall not be construed in any respect to be a contract in whole or payments to in part for the Companybenefit of any third Person (except as provided in Section 29).
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Vivint Solar, Inc.), Limited Liability Company Agreement (Vivint Solar, Inc.), Limited Liability Company Agreement (Vivint Solar, Inc.)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member Members and Manager 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 Member Members shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (TNHC - Santa Clarita GP LLC), Limited Liability Company Agreement (TNHC - Santa Clarita GP LLC)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member and the Indemnified Persons and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (other than any Indemnified Persons) (and no such creditor shall be a third-party beneficiary of this Agreement), and the Member shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Sale and Purchase Agreement (P10, Inc.), Sale and Purchase Agreement (P10, Inc.)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any third-party, including any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and the Member shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.Company.3
Appears in 1 contract
Samples: Limited Liability Company Agreement
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member and the Responsible Parties and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (other than Covered Persons) (and no such creditor shall be a third-party beneficiary of this Agreement), and the Member each Responsible Party shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Rowan N-Class (Gibraltar) LTD)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member Members, the Managers, and Company Officers (if any) 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 Member Members shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Carmike Cinemas Inc)
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely shall be for the benefit of or enforceable by any creditor of the Partnership or by any creditor of a Partner, and nothing in this Agreement shall be deemed to benefit the Member andcreate any right in any Person not a party hereto, to the fullest extent permitted by applicable law, and this Agreement shall not be construed as conferring in any benefit upon any creditor of the Company (and no such creditor shall respect to be a contract in whole or in part for the benefit of any third Person; provided, however, that the Indemnitees and their respective successors and assigns are intended third-party beneficiary beneficiaries of the applicable indemnification provisions set forth in this Agreement), and the Member shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement Amendment are intended solely to benefit the Member 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 Member Members shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Carmike Cinemas Inc)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member 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 Member Members shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (T-Mobile Innovations LLC)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member (unless express provision is made herein to the contrary) and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any other person or entity, or upon any creditor of the Company (and no such person, entity or creditor shall be a third-party beneficiary of this Agreement), and the Member shall have no duty or obligation to any such person, entity or creditor of the Company to make any contributions or payments to the Company.. β
Appears in 1 contract
Samples: Special Expense Agreement (Northwest Biotherapeutics Inc)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member Partners and the Indemnified Parties and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any non-Partner creditor of the Company Fund (and no such non-Partner creditor shall be a third-third party beneficiary of this Agreement), and the Member no Partner shall have no any duty or obligation to any non-Partner creditor of the Company Fund to make any contributions or payments to the CompanyFund.
Appears in 1 contract
Samples: Limited Partnership Agreement
Benefits of Agreement; No Third-Party Rights. The None of the provisions of this Agreement are intended solely shall be for the benefit of or enforceable by any creditor of the Operating Company or by any creditor of any Member or a Special Member, and nothing in this Agreement shall be deemed to benefit create any right in any Person (other than the Member andManager with respect to indemnity under Section 4.9) not a party hereto, to the fullest extent permitted by applicable law, and this Agreement shall not be construed as conferring in any benefit upon any creditor of the Company (and no such creditor shall respect to be a third-party beneficiary contract in whole or in part for the benefit of any third Person, except as provided in this Agreement), and the Member shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the CompanySection 9.12.
Appears in 1 contract
Samples: Operating Agreement (GK Investment Property Holdings II LLC)
Benefits of Agreement; No Third-Party Rights. The provisions of this Agreement are intended solely to benefit the Member Members and Covered Persons and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor (other than Covered Persons) of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and the Member Members shall have no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement
