Common use of No Rights in Third Parties Clause in Contracts

No Rights in Third Parties. The provisions of this Agreement are for the benefit of the Company and the Members, and are not intended to be for the benefit of any Person to whom any debts, liabilities or obligations are owed, or who otherwise has any claim against the Company or any Member, and no creditor or other Person shall obtain any rights under such provisions or solely by reason of such provisions shall be able to make any claims in respect of any debts, liabilities or obligations against the Company or any of the Members.

Appears in 18 contracts

Samples: Limited Liability Company Operating Agreement (Conversent Communications of New York, LLC), Limited Liability Company Operating Agreement (Conversent Communications of New York, LLC), Limited Liability Company Operating Agreement (Conversent Communications of New York, LLC)

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No Rights in Third Parties. The provisions of this Agreement are for the benefit of the Company Company, each Series, the Members, the Manager and the MembersIndemnified Persons, and are not intended to be for the benefit of any Person to whom any debts, liabilities or obligations are owed, or who may otherwise has have any claim against the Company Company, any Series, any Member or any Memberthe Manager, and no creditor or other Person shall obtain any rights under such provisions or solely by reason of such provisions shall be able to make any claims claim in respect of any debts, liabilities or obligations against the Company or Company, any Series, any of the MembersMembers or the Manager solely by reason of such provisions.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Plum Creek Timber Co Inc), Limited Liability Company Agreement (Plum Creek Timber Co Inc)

No Rights in Third Parties. The provisions of this Agreement are for the benefit of the Company Partnership and the MembersPartners, and are not intended to be for the benefit of any Person to whom any debts, liabilities or obligations are owed, or who otherwise has any claim against the Company Partnership or any MemberPartner, and no creditor or other Person shall obtain any rights under such provisions or solely by reason of such provisions shall be able to make any claims in respect of any debts, liabilities liabilities, or obligations against the Company Partnership or any of the MembersPartners.

Appears in 2 contracts

Samples: Limited Liability Limited Partnership Agreement (Barnwell Industries Inc), Limited Liability Limited Partnership Agreement (Barnwell Industries Inc)

No Rights in Third Parties. The provisions of this Agreement are for the benefit of the Company and the Members, and are not intended to be for the benefit of any Person person to whom any debts, liabilities or obligations are owedowed by, or who otherwise has any claim against against, the Company or any Member, and no creditor or other Person person shall obtain any rights under such provisions or solely by reason of such provisions shall be able to make any claims in respect of any debts, liabilities or obligations against the Company or any of the Membersprovisions.

Appears in 2 contracts

Samples: Operating Agreement (Servico Market Center Inc), Operating Agreement (Servico Market Center Inc)

No Rights in Third Parties. The provisions of this Agreement are for the benefit of the Company Company, the Members and the MembersManager, and are not intended to be for the benefit of any Person to whom any debts, liabilities or obligations are owed, or who may otherwise has have any claim against the Company Company, any Member or any Memberthe Manager, and no creditor or other Person shall obtain any rights under such provisions or solely by reason of such provisions shall be able to make any claims claim in respect of any debts, liabilities or obligations against the Company or Company, any of the MembersMembers or the Manager solely by reason of such provisions.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Plum Creek Timber Co Inc), Contribution Agreement (Plum Creek Timber Co Inc)

No Rights in Third Parties. The provisions of this Agreement are for the benefit of the Company and the MembersParties, and are not intended to be for the benefit of any Person to whom any debts, liabilities or obligations are owed, or who otherwise has any claim against the Company or any MemberParty, and no creditor or other Person shall obtain any rights under such provisions or solely by reason of such provisions shall be able to make any claims in respect of any debts, liabilities or obligations against the Company or any of the MembersParties (in each case except as permitted in Section 8.8 with respect to permitted assignees).

Appears in 2 contracts

Samples: Contribution and Assumption Agreement (Firstcity Financial Corp), Contribution and Assumption Agreement (Firstcity Financial Corp)

No Rights in Third Parties. The provisions of this Agreement are for the benefit of the Company Partnership and the MembersPartners, and are not intended to be for the benefit of any Person person to whom any debts, liabilities or obligations are owedowed by, or who otherwise has any claim against against, the Company Partnership or any MemberPartner, and no creditor or other Person person shall obtain any rights under such provisions or solely by reason of such provisions shall be able to make any claims in respect of any debts, liabilities or obligations against the Company or any of the Membersprovisions.

Appears in 1 contract

Samples: Limited Partnership Agreement (Servico Market Center Inc)

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No Rights in Third Parties. The provisions of this Agreement are for the benefit of the Company Company, its Members and the MembersBoard. No Person other than the Company, and are not intended to be for a Member or the benefit Board shall have any legal or equitable right, remedy or claim under or as a result of any Person to whom any debts, liabilities or obligations are owed, or who otherwise has any claim against the Company or any Member, and no creditor or other Person shall obtain any rights under such provisions or solely by reason of such provisions shall be able to make any claims in respect of any debts, liabilities or obligations against the Company or any of the Membersthis Agreement.

Appears in 1 contract

Samples: Operating Agreement

No Rights in Third Parties. The provisions of this Agreement are for the exclusive benefit of the Company parties and the Members, their respective successors and are permitted assigns. This Agreement is not intended to be for benefit or create rights in any other Person, including any liquidator, trustee or creditor acting on behalf of the benefit of any Person to whom any debts, liabilities or obligations are owed, or who otherwise has any claim against the Company Company. No such creditor or any Member, and no creditor or other Person shall obtain have any rights under such provisions or solely by reason of such provisions shall be able to make any claims in respect of any debts, liabilities or obligations against the Company this Agreement (or any other Agreement to which the Members are parties), including rights with respect to enforcing the payment of the Memberscapital contributions, unless specifically set forth herein or therein.

Appears in 1 contract

Samples: Members' Agreement (CCC Information Services Group Inc)

No Rights in Third Parties. β€Œ The provisions of this Agreement are for the benefit of the Company and the Members, and are not intended to be for the benefit of any Person to whom any debts, liabilities or obligations are owed, or who may otherwise has have any claim against the Company or any Member, and no creditor or other Person shall obtain any rights under such provisions or solely by reason of such provisions shall be able to make any claims claim in respect of any debts, liabilities or obligations against the Company or any of the MembersMembers solely by reason of such provisions.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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