Common use of Rights of Creditors and Third Parties Clause in Contracts

Rights of Creditors and Third Parties. under This Agreement. To the maximum extent permitted by law, this Agreement is made for the exclusive benefit of the Company, the Shareholder and the Shareholder’s successors and assignees. This Agreement is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder or any other person or entity other than the parties hereto. No such creditor or third party shall have any rights under this Agreement or any agreement between the Company and the Shareholder with respect to any Capital Contribution or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (TD Auto Finance LLC), Limited Liability Company Operating Agreement (TD Auto Finance LLC)

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Rights of Creditors and Third Parties. under This Agreement. To the maximum extent permitted by law, this Agreement is made entered into among the Members for the exclusive benefit of the Company, the Shareholder its Members, and the Shareholder’s their successors and assignees. This Agreement is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder Company or any other person or entity other than Person. Except and only to the parties hereto. No extent provided by applicable statute, no such creditor or third party shall have any rights under this Agreement, any Admission Agreement or any other agreement between the Company and the Shareholder any Member with respect to any Capital Contribution capital contribution to the Company or otherwise.

Appears in 2 contracts

Samples: Operating Agreement (Conversion Labs, Inc.), Operating Agreement (Immunomedics Inc)

Rights of Creditors and Third Parties. under This Agreement. To the maximum extent permitted by law, this Agreement is made entered into between the parties for the exclusive benefit of the CompanyLLC, the Shareholder its Member and the Shareholder’s their successors and assignees. This Agreement is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder LLC or any other person or entity other than Person. Except and only to the parties hereto. No extent provided by applicable statute, no such creditor or third party shall have any rights under this Agreement or any agreement between the Company LLC and the Shareholder Member with respect to any Capital Contribution or otherwise.

Appears in 2 contracts

Samples: Operating Agreement (MP ASSETS Corp), Operating Agreement (MP ASSETS Corp)

Rights of Creditors and Third Parties. under This Agreement. To the maximum extent permitted by law, this Agreement is made entered into among the Company and the Members for the exclusive benefit of the Company, the Shareholder its Members, their successors, and the Shareholder’s successors and assigneesassigns. This The Agreement is expressly not intended for the benefit of any a creditor of the Company, any creditor of the Shareholder Company or any other person or entity other than person. Except, and only to the parties hereto. No extent provided by applicable statute, no such creditor or third party shall have any all rights under this the Agreement or any agreement between the Company and the Shareholder any Member with respect to any Capital Contribution or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Emeritus Corp\wa\)

Rights of Creditors and Third Parties. under This Agreement. To the maximum extent permitted by law, this Agreement is made entered into between Company and Members for the exclusive benefit of the Company, the Shareholder its Members, and the Shareholder’s their successors and assignees. This Except as provided in Section 8.3 of this Agreement, this Agreement is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder Company or any other person or entity other than Person. Except and only to the parties hereto. No extent provided by applicable statute, no such creditor or third party shall have has any rights under this Agreement or any agreement between the Company and the Shareholder any Member with respect to any Capital Contribution or otherwise.

Appears in 1 contract

Samples: Operating Agreement

Rights of Creditors and Third Parties. under This Agreement. To the maximum extent permitted by law, this Agreement is made entered into between the parties for the exclusive benefit of the Company, the Shareholder its Member, and the Shareholder’s their successors and assignees. This Agreement is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder Company or any other person or entity other than Person. Except and only to the parties hereto. No extent provided by applicable statute, no such creditor or third party shall have any rights under this Agreement or any agreement between the Company and the Shareholder Member with respect to any Capital Contribution or otherwise.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Speedway Motorsports Inc)

Rights of Creditors and Third Parties. under This Agreement. To the maximum extent permitted by law, this Agreement is made entered into among the Company and the Members for the exclusive benefit of the Company, the Shareholder its Members, their successors, and the Shareholder’s successors and assigneesassigns. This The Agreement is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder Company or any other person or entity other than person. Except, and only to the parties hereto. No extent provided by applicable statute, no such creditor or third party shall have any rights under this the Agreement or any agreement between the Company and the Shareholder any Member with respect to any Capital Contribution or otherwise.. .. 2.4

Appears in 1 contract

Samples: Operating Agreement (Emeritus Corp\wa\)

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Rights of Creditors and Third Parties. under This Agreement. To the maximum extent permitted by law, this Agreement is made entered into among the Company and the Stockholders for the exclusive benefit of the Company, the Shareholder its Stockholders, and the Shareholder’s their successors and permitted assignees. This Agreement is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder Company or any other person or entity other than Person. Except and only to the parties hereto. No extent provided by applicable statute, no such creditor or third party shall have any rights under this Agreement or any agreement between the Company and the Shareholder with respect to any Capital Contribution or otherwiseStockholder.

Appears in 1 contract

Samples: Stockholders Agreement (ArborGen Inc.)

Rights of Creditors and Third Parties. under This Under this Agreement. To the maximum extent permitted by law, this This Agreement is made entered into among the Members for the exclusive benefit of the Company, the Shareholder Company and the Shareholder’s Members, and their successors and assignees. This Agreement assigns (subject to the provisions hereof restricting transfer of Interests), and is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder Company or any other person or entity other than Person. Except and only to the parties hereto. No extent provided by applicable statute, no such creditor or third party Person shall have any rights or remedies under this Agreement or any agreement between the Company and the Shareholder any Member with respect to any Capital Contribution or otherwise.

Appears in 1 contract

Samples: Operating Agreement (National Wine & Spirits Corp)

Rights of Creditors and Third Parties. under Under This Agreement. To the maximum extent permitted by law, this This Agreement is made entered into among the Members for the exclusive benefit of the Company, the Shareholder its Members, and the Shareholder’s their successors and permitted assignees. This Agreement is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder Company or any other person or entity other than person. Except and only to the parties hereto. No such extent provided by applicable statute, no creditor or third party shall have any rights under this Agreement or any agreement between the Company and the Shareholder any Member with respect to any Capital Contribution or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Rouge Industries Inc)

Rights of Creditors and Third Parties. under This Agreement. To the maximum extent permitted by law, this Agreement is made entered into by the Company and the Sole Member for the exclusive benefit of the Company, the Shareholder Sole Member and the Shareholder’s its successors and assigneesassigns. This Agreement is expressly not intended for the benefit of any creditor of the Company, any creditor of the Shareholder Company or any other person or entity other than Person. Except and only to the parties hereto. No extent provided by applicable statute, no such creditor or third party shall have any rights under this Agreement or any agreement between the Company and the Shareholder a Member with respect to any Capital Contribution capital contribution made by such Member to the Company or otherwise.

Appears in 1 contract

Samples: Operating Agreement (BioExpress, LLC)

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