Sole Benefit of Member. Except as expressly provided in Section 17, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 131 contracts
Samples: Limited Liability Company Agreement (CSE Ripon LLC), Limited Liability Company Agreement (Hot Springs Cottages Owner, LLC), Operating Agreement (Hot Springs Cottages Owner, LLC)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 39 contracts
Samples: Limited Liability Company Agreement (Transact LTD), Limited Liability Company Agreement (Terminix Global Holdings Inc), Limited Liability Company Agreement (Weber Inc.)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 28 contracts
Samples: Limited Liability Company Agreement (Jacobs Entertainment Inc), Limited Liability Company Agreement (Jacobs Entertainment Inc), Limited Liability Company Agreement (Jacobs Entertainment Inc)
Sole Benefit of Member. Except as expressly provided in Section 17, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 14 contracts
Samples: Operating Agreement (U.S. Energy Partners LLC), Limited Liability Company Agreement (U.S. Energy Partners LLC), Limited Liability Company Agreement (U.S. Energy Partners LLC)
Sole Benefit of Member. Except as expressly provided in Section 1715 hereof, the provisions of this Agreement (including Section 119) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Member or of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall not have any duty or obligation to any creditor of the Company or of the Member to make any contributions or payments to the Company.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Tempur Retail Stores, LLC), Limited Liability Company Agreement (Sealy US Sales, LLC), Limited Liability Company Agreement (Sealy US Sales, LLC)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall not have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 7 contracts
Samples: Operating Agreement (Worldwide Auto Parts, Inc.), Operating Agreement (Worldwide Auto Parts, Inc.), Operating Agreement (Worldwide Auto Parts, Inc.)
Sole Benefit of Member. Except as expressly provided in Section 17, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon on any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 7 contracts
Samples: Operating Agreement (Bellingham II Associates, L.L.C.), Operating Agreement (Bellingham II Associates, L.L.C.), Operating Agreement (Bellingham II Associates, L.L.C.)
Sole Benefit of Member. Except as expressly provided in Section 1718, the provisions of this Agreement (including Section 1112) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Bellingham II Associates, L.L.C.), Limited Liability Company Agreement (Bellingham II Associates, L.L.C.), Limited Liability Company Agreement (Bellingham II Associates, L.L.C.)
Sole Benefit of Member. Except as expressly provided in Section 17, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.. [Signature Follows]
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Bellingham II Associates, L.L.C.), Limited Liability Company Agreement (Bellingham II Associates, L.L.C.), Limited Liability Company Agreement (Bellingham II Associates, L.L.C.)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) 8) are intended solely to benefit the Member and, to the fullest extent permitted by applicable lawLaw, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Oiltanking Partners, L.P.), Agreement and Plan of Merger (Duncan Energy Partners L.P.), Limited Liability Company Agreement (Duncan Energy Partners L.P.)
Sole Benefit of Member. Except as expressly provided in Section section 17, the provisions of this Agreement (including Section section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall not have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (FNP Holdings, LLC), Limited Liability Company Agreement (FNP Holdings, LLC)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11Sections 3.2 and 3.3) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Sole Benefit of Member. Except as expressly provided in Section 17, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall not have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Operating Agreement (Pyramid Communication Services, Inc.), Limited Liability Company Agreement (US LEC of Georgia LLC)
Sole Benefit of Member. Except as expressly provided in Section 1717 and Section 18, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member Members and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Residential Capital, LLC), Limited Liability Company Agreement (Residential Capital, LLC)
Sole Benefit of Member. Except as expressly provided in Section 1715, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (LGI Leasing, LLC), Limited Liability Company Agreement (LGI Leasing, LLC)
Sole Benefit of Member. Except as expressly provided in Section 1718, the provisions of this Agreement (including Section 1112) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall not have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Covalence Specialty Adhesives LLC), Limited Liability Company Agreement (Covalence Specialty Adhesives LLC)
Sole Benefit of Member. Except as expressly provided in Section 1715, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Barnett Shale Operating LLC), Limited Liability Company Agreement (Barnett Shale Operating LLC)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 119) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Verizon Wireless Capital LLC), Limited Liability Company Agreement (Verizon Wireless Capital LLC)
Sole Benefit of Member. Except as expressly provided in Section 1717 and Section 18, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Phoenix Residential Securities, LLC), Limited Liability Company Agreement (Residential Capital Corp)
Sole Benefit of Member. Except as expressly provided in Section 1716, the provisions of this Agreement (including Section 1110) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (M&i Capital E LLC), Limited Liability Company Agreement (M&i Capital Trust C)
Sole Benefit of Member. Except as expressly provided in Section 1715 hereof, the provisions of this Agreement (including Section 1110) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon on any creditor of the Member or of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall not have any duty or obligation to any creditor of the Company or of the Member to make any contributions or payments to the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Unit Petroleum Co), Limited Liability Company Agreement (Unit Petroleum Co)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 1110) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-third- party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Mueller Group, Inc.)
Sole Benefit of Member. Except as expressly provided in Section 1714, the provisions of this Agreement (including Section 119) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Senior Credit Investments, LLC)
Sole Benefit of Member. Except as expressly provided in Section 17, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.. * * *
Appears in 1 contract
Samples: Operating Agreement (Bellingham II Associates, L.L.C.)
Sole Benefit of Member. Except as expressly provided in Other than any provisions hereof that are intended for the benefit of Directors and Officers (including Section 1715), the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (E Trade Financial Corp)
Sole Benefit of Member. Except as expressly provided set forth in Section 17Sections 14 and 16, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Member or of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall not have any duty or obligation to any creditor of the Company or of the Member to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Neiman Marcus Group LTD Inc.)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-third- party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Mueller Group, Inc.)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member (except to the extent provided in Section 2.4 with respect to Indemnified Parties) and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall not have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Visionary Systems, Inc.)
Sole Benefit of Member. Except as expressly provided in Section 1715, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including including, without limitation, Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-third party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.. [Signature Page Follows Next]
Appears in 1 contract
Samples: Limited Liability Company Agreement (2420 Lakemont Avenue MM, LLC)
Sole Benefit of Member. Except as expressly provided in Section 172.9, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member Member, and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Versus Global Multi-Manager Real Estate Income Fund LLC)
Sole Benefit of Member. Except as expressly provided in Section 1716, the provisions of this Agreement (including Section 1110) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall not have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (South Financial Group Inc)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including including, without limitation, Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor credit of the Company (and no such creditor shall be a third-third party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.. [Signature Page Follows Next]
Appears in 1 contract
Samples: Limited Liability Company Agreement (2420 Lakemont Avenue MM, LLC)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 119) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Teppco Partners Lp)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company. ' 28.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Land O Lakes Inc)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall will not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall will be a third-party beneficiary of this Agreement), and the Member will have no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Comverse Technology Inc/Ny/)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.. MEMBER: RESORTQUEST INTERNATIONAL, INC. By: /s/ Carter R. Todd ------------------ Its: Secretary
Appears in 1 contract
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable lawtaw, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Colonial Downs, LLC)
Sole Benefit of Member. Except as expressly provided in Section 1714, the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Sole Benefit of Member. Except as expressly provided in Section 1712(c), the provisions of this Agreement (including Section 11) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no the Member shall have any no duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Quicksilver Production Partners LP)
Sole Benefit of Member. Except as expressly provided in Section 17, the The provisions of this Agreement (including Section 1110) are intended solely to benefit the Member and, to the fullest extent permitted by applicable law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement), and no Member shall have any duty or obligation to any creditor of the Company to make any contributions or payments to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (RPP Capital Corp)