Common use of No Third-Party Rights Created Hereby Clause in Contracts

No Third-Party Rights Created Hereby. Other than as set forth in Section 7.7.I, the provisions of this Agreement are solely for the purpose of defining the interests of the Holders, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement. No creditor or other third party having dealings with the Company (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member to make Capital Contributions or loans to the Company or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members herein set forth to make Capital Contributions or loans to the Company shall be deemed an asset of the Company for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred or assigned by the Company or pledged or encumbered by the Company to secure any Debt or other obligation of the Company or any of the Members.

No Third-Party Rights Created Hereby. Other than as set forth in Section 7.7.I, the The provisions of this Agreement are solely for the purpose of defining the interests of the Holders, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement. For clarity, CBI, although not a Partner as of the date hereof, is a party to this Agreement and shall have the right, power, title and interest in and to all rights, powers, title and provisions of this Agreement. No creditor or other third party having dealings with the Company Partnership (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member Partner to make Capital Contributions or loans to the Company Partnership or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members Partners herein set forth to make Capital Contributions or loans to the Company Partnership shall be deemed an asset of the Company Partnership for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred or assigned by the Company Partnership or pledged or encumbered by the Company Partnership to secure any Debt debt or other obligation of the Company Partnership or any of the MembersPartners.

No Third-Party Rights Created Hereby. Other than as set forth in Section 7.7.I, the The provisions of this Agreement are solely for the purpose of defining the interests of the Holders, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory heretohereto including, without limitation, a creditor of the Company or any Member or other third party having dealings with the Company) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement. No creditor or other third party having dealings with the Company (other than as expressly set forth provided herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member to make Capital Contributions or loans to the Company or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members herein set forth to make Capital Contributions or loans to the Company shall be deemed an asset of the Company for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred transferred or assigned by the Company or pledged or encumbered by the Company to secure any Debt debt or other obligation of the Company or any of the Members.

No Third-Party Rights Created Hereby. Other than as set forth in Section 7.7.I, the The provisions of this Agreement are solely for the purpose of defining the interests of the HoldersPartners, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement, except that the Manager is expressly made a third-party beneficiary of the provisions of Section 7.1(a), Section 7.4(a) and Section 7.11 of this Agreement. No creditor or other third party having dealings with the Company Partnership (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member Partner to make Capital Contributions or loans to the Company Partnership or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members Partners herein set forth to make Capital Contributions or loans to the Company Partnership shall be deemed an asset of the Company Partnership for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred transferred or assigned by the Company Partnership or pledged or encumbered by the Company Partnership to secure any Debt debt or other obligation of the Company Partnership or any of the MembersPartners.

No Third-Party Rights Created Hereby. Other than as set forth in Section 7.7.I, the The provisions of this Agreement are solely for the purpose of defining the interests of the Holders, inter se; and no other personPerson, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement; provided, that Indemnitees are intended third-party beneficiaries of Section 7.7. No creditor or other third party having dealings with the Company Partnership (other than as expressly set forth provided herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member Partner to make Capital Contributions or loans to the Company Partnership or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members Partners herein set forth to make Capital Contributions or loans to the Company Partnership shall be deemed an asset of the Company Partnership for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred transferred or assigned by the Company Partnership or pledged or encumbered by the Company Partnership to secure any Debt debt or other obligation of the Company Partnership or any of the MembersPartners.

No Third-Party Rights Created Hereby. Other than Except as set forth in Section 7.7.I7.7(g), and without in any way limiting the provisions of Section 15.6 hereof, the provisions of this Agreement are solely for the purpose of defining the interests of the HoldersPartners, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement. No creditor or other third party having dealings with the Company (other than as expressly set forth herein with respect to Indemnitees) Partnership shall have the right to enforce the right or obligation of any Member Partner to make Capital Contributions or loans to the Company Partnership or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members Partners herein set forth to make Capital Contributions or loans to the Company Partnership shall be deemed an asset of the Company Partnership for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred transferred or assigned by the Company Partnership or pledged or encumbered by the Company Partnership to secure any Debt debt or other obligation of the Company Partnership or any of the MembersPartners.

No Third-Party Rights Created Hereby. Other than as set forth in Section 7.7.I, the The provisions of this Agreement are solely for the purpose of defining the interests of the Holders, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement; provided, however, that the Indemnitees shall be third party beneficiaries of Section 7.7, entitled to enforce the provisions thereof against the Company. No creditor or other third party having dealings with the Company (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member to make Capital Contributions or loans to the Company or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members herein set forth to make Capital Contributions or loans to the Company shall be deemed an asset of the Company for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred or assigned by the Company or pledged or encumbered by the Company to secure any Debt debt or other obligation of the Company or any of the Members.

No Third-Party Rights Created Hereby. Other than as set forth in Section 7.7.I, the The provisions of this Agreement are solely for the purpose of defining the interests of the HoldersMembers, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement; provided however, that this Agreement shall inure to the benefit of (i) the Company, (ii) the Indemnitees, (iii) Substituted Members and (iv) Additional Members, all as and to the extent provided in this Agreement. No creditor or other third party having dealings with the Company (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member to make Capital Contributions or loans to the Company or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members herein set forth to make Capital Contributions or loans to the Company shall be deemed an asset of the Company for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred transferred or assigned by the Company or pledged or encumbered by the Company to secure any Debt debt or other obligation of the Company or any of the Members. Other than as expressly set forth herein with respect to Indemnitees, none of the provisions of this Agreement shall be for the benefit of, or shall be enforceable by, any creditor of the Company.

No Third-Party Rights Created Hereby. Other than as set forth in Section 7.7.I, the The provisions of this Agreement are solely for the purpose of defining the interests of the HoldersHolders and the Manager, inter se; and and, except as set forth in Section 7.7, no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement. No creditor or other third party having dealings with the Company (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member to make Capital Contributions or loans to the Company or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members herein set forth to make Capital Contributions or loans to the Company shall be deemed an asset of the Company for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred or assigned by the Company or pledged or encumbered by the Company to secure any Debt debt or other obligation of the Company or any of the Members.

No Third-Party Rights Created Hereby. Other than as set forth in Section 7.7.I, the The provisions of this Agreement are solely for the purpose of defining the interests of the Holders, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement; provided, that Indemnitees are intended third-party beneficiaries of Section 7.7. No creditor or other third party having dealings with the Company Partnership (other than as expressly set forth provided herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member Partner to make Capital Contributions or loans to the Company Partnership or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members Partners herein set forth to make Capital Contributions or loans to the Company Partnership shall be deemed an asset of the Company Partnership for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred transferred or assigned by the Company Partnership or pledged or encumbered by the Company Partnership to secure any Debt debt or other obligation of the Company Partnership or any of the MembersPartners.

No Third-Party Rights Created Hereby. Other than Except as set forth otherwise provided in Section 7.7.I7.11, the provisions of this Agreement are solely for the purpose of defining the interests of the HoldersPartners, inter se; and no other person, firm or entity (i.e., a party who Person that is not a signatory hereto (or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement. No creditor or other third party having dealings with the Company Partnership (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member Partner to make Capital Contributions or loans to the Company Partnership or to pursue any other right or remedy hereunder or at law or in equity; provided that, notwithstanding any provision to the contrary, Parent is an express third-party beneficiary of this Agreement and, as such, shall be entitled to enforce all of the rights granted to Parent pursuant to this Agreement. None of the rights or obligations of the Members Partners herein set forth to make Capital Contributions or loans to the Company Partnership shall be deemed an asset of the Company Partnership for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred transferred or assigned by the Company Partnership or pledged or encumbered by the Company Partnership to secure any Debt debt or other obligation of the Company Partnership or any of the MembersPartners.

No Third-Party Rights Created Hereby. Other than Except as set forth in Section 7.7.Iotherwise provided expressly herein, the provisions of this Agreement are solely for the purpose of defining the interests of the Holders, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement. No creditor or other third party having dealings with the Company Partnership (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member Partner to make Capital Contributions or loans to the Company Partnership or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members Partners herein set forth to make Capital Contributions or loans to the Company Partnership shall be deemed an asset of the Company Partnership for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred transferred or assigned by the Company Partnership or pledged or encumbered by the Company Partnership to secure any Debt debt or other obligation of the Company Partnership or any of the MembersPartners. Notwithstanding anything to the contrary contained in this Section 16.12, the parties hereto specifically acknowledge and agree that in connection with the JQH Line of Credit, iStar is being afforded consent rights with respect to the notice and approval rights provided for in this Agreement.

No Third-Party Rights Created Hereby. Other than Except as set forth in Section 7.7.Iotherwise provided expressly herein, the provisions of this Agreement are solely for the purpose of defining the interests of the Holders, inter se; and no other person, firm or entity (i.e., a party who is not a signatory hereto or a permitted successor to such signatory hereto) shall have any right, power, title or interest by way of subrogation or otherwise, in and to the rights, powers, title and provisions of this Agreement. No creditor or other third party having dealings with the Company Partnership (other than as expressly set forth herein with respect to Indemnitees) shall have the right to enforce the right or obligation of any Member Partner to make Capital Contributions or loans to the Company Partnership or to pursue any other right or remedy hereunder or at law or in equity. None of the rights or obligations of the Members Partners herein set forth to make Capital Contributions or loans to the Company Partnership shall be deemed an asset of the Company Partnership for any purpose by any creditor or other third party, nor may any such rights or obligations be sold, Transferred transferred or assigned by the Company Partnership or pledged or encumbered by the Company Partnership to secure any Debt debt or other obligation of the Company Partnership or any of the MembersPartners.