Common use of No Priority Clause in Contracts

No Priority. Except as may be otherwise expressly provided herein, no Partner shall have priority over any other Partner as to Partnership income, gain, loss, credits and deductions or distributions.

Appears in 4 contracts

Samples: Shareholders Agreement (Advanced BioEnergy, LLC), Agreement (BuyDebtCo, LLC), Limited Partnership Agreement (CorEnergy Infrastructure Trust, Inc.)

AutoNDA by SimpleDocs

No Priority. Except as may be otherwise expressly provided herein, no No Partner shall have priority over any other Partner Partner, either as to Partnership incomeprofits, gain, losslosses, credits and deductions or distributionsdistributions or as to any return of capital, except as provided herein.

Appears in 2 contracts

Samples: General Partnership Agreement (Cellu Tissue Corp - Oklahoma City), General Partnership Agreement (Coastal Paper CO)

No Priority. Except as may be otherwise expressly provided herein, no Partner shall have priority over any other Partner as to Partnership income, gain, losslos, credits and deductions or distributions.

Appears in 1 contract

Samples: Agreement (Mark I Molded Plastics of Tennessee Inc)

AutoNDA by SimpleDocs

No Priority. Except as may be otherwise expressly provided hereinin this Agreement, no Partner shall have priority over any other Partner as to Partnership income, gain, loss, credits and deductions or distributions.

Appears in 1 contract

Samples: Limited Partnership Agreement (Innsuites Hospitality Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.