Common use of Rights of Creditors and Third Parties under Operating Agreement Clause in Contracts

Rights of Creditors and Third Parties under Operating Agreement. Except and only to the extent provided herein or by applicable statue, no such creditor or third party shall have any rights under this Operating Agreement or any agreement between the Company and any Member with respect to any Capital Contribution or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC), Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC)

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Rights of Creditors and Third Parties under Operating Agreement. Except and only to the extent provided herein or by applicable statuestatute, no such creditor of the Company or any other third party shall have any rights under this Operating Agreement or any agreement between the Company and any Member with respect to any Capital Contribution or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Advanta Bank Corp), Advanta Bank Corp

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