Common use of Benefits of Agreement; No Third-Party Rights Clause in Contracts

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the Special Member except for the provisions of Sections 5(c), 9(j), 10, 20(b), 21, 22, 23, 24(b) and (c), 26 and 31(b) (such provisions, the “Third-Party Benefit Provisions”). Nothing in this Agreement other than the Third-Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 and except for the Third-Party Benefit Provisions).

Appears in 14 contracts

Samples: Limited Liability Company Agreement (Vw Credit Leasing LTD), Limited Liability Company Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Limited Liability Company Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

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Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the a Special Member except for the provisions of Sections 5(c7(c), 9(j11(j), 1012, 20(b22(b), 21, 22, 23, 24(b24, 25, 26(b) and (c), 26 28 and 31(b) 33 (such provisions, the “Third-Party Benefit Provisions”). Nothing in this Agreement other than the Third-Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 31 and except for the Third-Party Benefit Provisions).

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC), Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC), Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the Special Member except for the provisions of Sections 5(c), 9(j), 10, 20(b), 21, 22, 23, 24(b) and (c), 26 and 31(b) (such provisions, the "Third-Party Benefit Provisions"). Nothing in this Agreement other than the Third-Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 and except for the Third-Party Benefit Provisions).

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Volkswagen Public Auto Loan Securitization LLC), Limited Liability Company Agreement (Vw Credit Leasing LTD), Limited Liability Company Agreement (Volkswagen Public Auto Loan Securitization LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the a Special Member except for the provisions of Sections 5(c), 9(j), 10, 20(b21(b), 2124, 22, 23, 24(b25(b) and (c), 26 and 31(b32(b) (such provisions, provisions the “Third-"Third Party Benefit Provisions"). Nothing in this Agreement other than the Third-Third Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 30 and except for the Third-Third Party Benefit Provisionsprovisions).

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Bas Securitization LLC), Limited Liability Company Agreement (Bas Securitization LLC), Limited Liability Company Agreement (Lehman Brothers Asset Securitization LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the a Special Member except for the provisions of Sections 5(c), 9(j), 10, 20(b21(b), 2124, 22, 23, 24(b25(b) and (c), 26 and 31(b32(b) (such provisions, provisions the “Third-Third Party Benefit Provisions”). Nothing in this Agreement other than the Third-Third Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 30 and except for the Third-Third Party Benefit Provisionsprovisions).

Appears in 7 contracts

Samples: Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Limited Liability Company Agreement (Capital One Auto Receivables LLC), Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the a Special Member except for the provisions of Sections 5(c), 7, 9(j), 10, 20(b21(b), 2124, 22, 23, 24(b25(a) and (c), 26 b) and 31(b) 32 (such provisions, provisions the “Third-Third Party Benefit Provisions”). Nothing in this Agreement other than the Third-Third Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 30 and except for the Third-Third Party Benefit Provisionsprovisions).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the Special Member except for the provisions of Sections 5(c7(b), 9(j11(j), 1012, 18(b), 19, 20(b), 21, 22, 23, 24(b) and (c), 26 and 31(b21(a) (such provisions, the Third-Party Benefit ProvisionsProvisions ”). Nothing in this Agreement other than the Third-Party Benefit Provisions shall be deemed to create any right in any Person (other than Covered PersonsPermitted Indemnitees) 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 (except as provided in Section 29 21(e) and except for the Third-Party Benefit Provisions).

Appears in 1 contract

Samples: Connection and Access Agreement (Energy XXI LTD)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the a Special Member except for the provisions of Sections 5(c), 7, 9(j), 10, 20(b16, 19, 21(b), 2121(c), 2224, 2325(b), 24(b) and (c25(c), 26 and 31(b32(b) (such provisions, provisions the “Third-Third Party Benefit Provisions”). Nothing in this Agreement other than the Third-Third Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 30 and except for the Third-Third Party Benefit Provisionsprovisions).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bridgecrest Auto Funding LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the a Special Member except for the provisions of Sections 5(c6(c), 9(j10(j), 1011, 20(b21(b), 21, 22, 23, 24(b24, 25(b) and (c), 26 27 and 31(b) 32 of this Agreement (such provisions, the “Third-Party Benefit Provisions”). Nothing in this Agreement other than the Third-Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 30 of this Agreement and except for the Third-Party Benefit Provisions).

Appears in 1 contract

Samples: Limited Liability Company Agreement (SunTrust Mortgage Securitization, LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the a Special Member except for the provisions of Sections 5(cSECTIONS 5(C), 9(j), 10, 20(b20(B), 21, 22, 23, 24(b) and (c24(B), 26 and 31(b) 31, which will be enforceable by Holders of Debt Obligations (such provisions, the “Third"THIRD-Party Benefit Provisions”PARTY BENEFIT PROVISIONS"). Nothing in this Agreement other than the Third-Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 SECTION 29) and except for the Third-Party Benefit Provisions).

Appears in 1 contract

Samples: Limited Liability Company Agreement (E Loan Inc)

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Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the any Special Member except for the provisions of Sections 5(c), 9(j), 10, 20(b), 21, 22, 23, 24(b) and (c), 26 and 31(b) (such provisions, the “Third-Party Benefit Provisions”). Nothing in this Agreement other than the Third-Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 and except for the Third-Party Benefit Provisions).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Porsche Auto Funding LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member Members or the Special Member Members except for the provisions of Sections 5(c), 9(j), 10, 20(b21(b), 2124, 22, 23, 24(b25(b) and (c), 26 and 31(b32(b) (such provisions, provisions the “Third-"Third Party Benefit Provisions"). Nothing in this Agreement other than the Third-Third Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 30 and except for the Third-Third Party Benefit Provisionsprovisions).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Stanwich Asset Acceptance CO LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the Special Member except for the provisions of Sections 5(cSection 10(j), 9(j)Section 11, 10, Section 20(b), Section 21, 22, 23, 24(bSections 22(b) and (c), 26 Section 24 and 31(b) Section 29 (such provisions, the “Third-Party Benefit Provisions”). Nothing in this Agreement other than the Third-Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 27 and except for the Third-Party Benefit Provisions).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Chase Card Funding LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the a Special Member except for the provisions of Sections 5(c6(c), 9(j10(j), 1011, 20(b21(b), 21, 22, 23, 24(b24, 25(b) and (c), 26 27 and 31(b) 32 of this Agreement (such provisions, the "Third-Party Benefit Provisions"). Nothing in this Agreement other than the Third-Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 30 of this Agreement and except for the Third-Party Benefit Provisions).

Appears in 1 contract

Samples: Limited Liability Company Agreement (SunTrust Real Estate Trust, LLC)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member or the Special Member except for the provisions of Sections 5(c7(b), 9(j11(j), 1012, 18(b), 19, 20(b), 21, 22, 23, 24(b) and (c), 26 and 31(b21(a) (such provisions, the “Third-Party Benefit Provisions”). Nothing in this Agreement other than the Third-Party Benefit Provisions shall be deemed to create any right in any Person (other than Covered PersonsPermitted Indemnitees) 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 (except as provided in Section 29 21(e) and except for the Third-Party Benefit Provisions).

Appears in 1 contract

Samples: Connection and Access Agreement (CorEnergy Infrastructure Trust, Inc.)

Benefits of Agreement; No Third-Party Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of the Member Members or the Special Member Members except for the provisions of Sections 5(c), 9(jSECTIONS 9(J), 10, 20(b21(B), 2124, 22, 23, 24(b25(B) and (c), 26 and 31(b32(B) (such provisions, provisions the “Third-Party Benefit Provisions”"THIRD PARTY BENEFIT PROVISIONS"). Nothing in this Agreement other than the Third-Third Party Benefit Provisions 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 benefit of any third Person (except as provided in Section 29 SECTION 30 and except for the Third-Third Party Benefit Provisionsprovisions).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Taconic Asset Acceptance Company, L.L.C.)

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