Common use of No Priority Clause in Contracts

No Priority. Except as otherwise provided in this Agreement, no Limited Partner shall have priority over any other Limited Partner either as to the return of the amount of its Capital Contribution, the allocation of any item of income, gain, loss, deduction or credit of the Partnership or the receipt of any other distribution.

Appears in 4 contracts

Sources: Grant of Carried Interest Percentage (Burford Capital LTD), Grant of Carried Interest Percentage (Burford Capital LTD), Agreement of Exempted Limited Partnership (Burford Capital LTD)

No Priority. Except as otherwise provided in this Agreement, no A Limited Partner shall not have priority over any other Limited Partner either as to the return of the amount of its such Limited Partner’s Capital Contribution, the Contribution or as to any allocation of any item of income, gain, loss, deduction or credit of the Partnership or the receipt of any other distributionPartnership.

Appears in 3 contracts

Sources: Limited Partnership Agreement, Limited Partnership Agreement (Oaktree Capital Group, LLC), Limited Partnership Agreement (Oaktree Capital Group, LLC)

No Priority. Except as otherwise provided in this Agreement, no No Limited Partner shall have priority over any other Limited Partner either as to the return of the amount of its such Partner’s Capital Contribution, the Contribution or as to any allocation of any item of income, gain, loss, deduction or credit of the Partnership or the receipt of any other distributionPartnership.

Appears in 2 contracts

Sources: Limited Partnership Agreement, Limited Partnership Agreement (Oaktree Capital Group, LLC)

No Priority. Except as otherwise provided in this Agreement, no No Limited Partner shall have priority over any other Limited Partner either as to the return of the amount of its Capital ContributionContribution or, the except as provided in Article VI, as to any allocation of any item of income, gain, loss, deduction or credit of the Partnership or the receipt of any other distributionPartnership.

Appears in 1 contract

Sources: Limited Partnership Agreement (GSC Investment LLC)

No Priority. Except as otherwise provided in this Agreement, no Limited Partner shall have priority over any other Limited Partner either as to the return of the amount of its Capital Contribution, the allocation of any item of income, gain, loss, deduction or credit of the Partnership Contribution or the receipt of any other Partnership distribution.

Appears in 1 contract

Sources: Exempted Limited Partnership Agreement

No Priority. Except as otherwise provided in this Agreementdescribed herein, no Limited Partner shall have priority over any other Limited Partner either as to the return of the amount of its Capital ContributionContributions or as to Net Profit, the allocation of any item of income, gain, loss, deduction Net Loss or credit of the Partnership or the receipt of any other distributiondistributions.

Appears in 1 contract

Sources: Limited Partnership Agreement (Eminence Capital, Lp)