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 past, present and future Members, Managers, and the Fund. This Agreement is not intended for the benefit of creditors, in their capacity as such, and no rights are granted to creditors, in their capacity as such, under this Agreement. 8.8 THIRD-PARTY BENEFICIARIES Each Indemnitee is a third-party beneficiary of Section 3.

Not for Benefit of Creditors. The provisions of this Agreement are intended only for the regulation of relations among past, present and future Members, Managers, and the Fund. This Agreement is not intended for the benefit of creditors, in their capacity as such, and no rights are granted to creditors, in their capacity as such, under this Agreement. 8.8 THIRD-PARTY BENEFICIARIES Each Indemnitee is a third-party beneficiary of Section 33.8.