Common use of Not for Benefit of Creditors Clause in Contracts

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Agreement is not intended for the benefit of any Person who is not a Partner, and no rights are intended to be granted to any other Person who is not a Partner under this Agreement.

Appears in 8 contracts

Sources: First Amended and Restated Agreement of Exempted Limited Partnership (Apollo Global Management LLC), Amended and Restated Agreement of Exempted Limited Partnership (Apollo Global Management LLC), Agreement of Exempted Limited Partnership (Apollo Global Management, Inc.)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Agreement is not intended for the benefit of any Person who is not a Partner, non-Partner creditors and no rights are intended to be granted to any other Person who is not a non-Partner creditors under this Agreement.

Appears in 8 contracts

Sources: Amended and Restated Agreement of Exempted Limited Partnership (Ares Management Lp), Limited Partnership Agreement (American Physicians Capital Inc), Limited Partnership Agreement (American Physicians Capital Inc)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Subject to the rights of Covered Persons provided by Section 5.7, this Agreement is not intended for the benefit of any Person who is not a Partner, and no rights are intended to be granted to any other Person who is not a Partner under this Agreement.

Appears in 5 contracts

Sources: Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners past, present and between Partners and former or prospective future Partners and the Partnership. This Agreement is not intended for the benefit of any Person who is not a Partner, non-Partner creditors and no rights are intended to be granted to any other Person who is not a non-Partner creditors under this Agreement.

Appears in 4 contracts

Sources: Limited Partnership Agreement (Levco Put Fund I L P), Limited Partnership Agreement (Levco Zero Coupon Put Fund I Lp), Limited Partnership Agreement (Troon Partners Lp)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Subject to the rights of Covered Persons provided by Section 5.7, this Agreement is not intended for the benefit of any Person who is not a Partner, and no rights are intended to be granted to any other Person who is not a Partner under this Agreement.the

Appears in 3 contracts

Sources: Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners, putative Partners and the Partnership. This Agreement is not intended for the benefit of non-Partner creditors and does not grant any Person who is not a Partner, and no rights are intended to be granted to any other Person who is not a non-Partner under this Agreementcreditors.

Appears in 3 contracts

Sources: Limited Partnership Agreement, Limited Partnership Agreement (Clear Channel Identity, Inc.), Limited Partnership Agreement (New Gaming Capital Partnership)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Except with respect to the rights of Covered Persons hereunder, each of whom shall be an intended beneficiary and shall be entitled to enforce the provisions of Section 5.7, this Agreement is not intended for the benefit of any Person who is not a Partner, and no rights are intended to be granted to any other Person who is not a Partner under this Agreement.

Appears in 3 contracts

Sources: Agreement of Limited Partnership (Apollo Global Management LLC), Agreement of Exempted Limited Partnership (Apollo Global Management LLC), Agreement of Limited Partnership (Apollo Global Management LLC)

Not for Benefit of Creditors. The provisions of this Agreement ---------------------------- are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Agreement is not intended for the benefit of any Person who is not a Partner, non-Partner creditors and no rights are intended to be granted to any other Person who is not a non-Partner creditors under this Agreement.

Appears in 3 contracts

Sources: Limited Partnership Agreement (Petro Holdings Financial Corp), Limited Partnership Agreement (Petro Stopping Centers L P), Limited Partnership Agreement (Petro Stopping Centers L P)

Not for Benefit of Creditors. The provisions of this Agreement are intended only solely for the regulation of the relations among Partners and between Partners and former or prospective the Partners and the Partnership. This Agreement is not intended for the to benefit of a creditor that is not a Partner and does not grant any rights to or confer any benefits on a creditor that is not a Partner or any other Person who that is not a Partner, and no rights are intended to be granted to any other Person who is not a Partner under this Agreement.

Appears in 2 contracts

Sources: Limited Partnership Agreement, Limited Partnership Agreement

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Except as expressly provided in Section 5.7(b), this Agreement is not intended for the benefit of any Person who is not a Partner, and no rights are intended to be granted to any other Person who is not a Partner under this Agreement.

Appears in 2 contracts

Sources: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Global Management, Inc.)

Not for Benefit of Creditors. The provisions of this ---------------------------- Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Agreement is not intended for the benefit of any Person who is not a Partner, non- Partner creditors and no rights are intended to be granted to any other Person who is not a non-Partner creditors under this Agreement.

Appears in 1 contract

Sources: Limited Partnership Agreement (Petro Stopping Centers L P)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Agreement is not intended for the benefit of any Person who is not a PartnerPartner other than the Covered Persons, who shall be third party beneficiaries hereto, and no rights are intended to be granted to any other Person who is not a Partner under this Agreement.

Appears in 1 contract

Sources: Limited Partnership Agreement (Apollo Global Management LLC)

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among Partners and between Partners and former or prospective Partners and the Partnership. This Except as expressly provided herein, this Agreement is not intended for the benefit of non- Partner creditors and does not grant any Person who is not a Partner, and no rights are intended to be granted to any other Person who is not a Partner under this Agreementnon- Partner.

Appears in 1 contract

Sources: Limited Partnership Agreement (General Public Utilities Corp /Pa/)