Common use of Priority Among Members Clause in Contracts

Priority Among Members. No Member shall be entitled to any priority or preference over any other Member in regard to the return of capital or distribution of profits of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cavendish Futures Fund LLC), Limited Liability Company Agreement (Cavendish Futures Fund LLC)

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Priority Among Members. No Member shall be entitled to any have priority or preference over any other Member in with regard to the return of capital capital, the allocation of any Company items or the distribution of profits of the CompanyCompany property.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Miller Petroleum Inc)

Priority Among Members. No With the exception of the Incentive Allocation to the Special Member, no Member shall be entitled to any priority or preference over any other Member in regard to the return of capital or distribution of profits of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (AAA Energy Opportunities Fund LLC)

Priority Among Members. No Unless specified otherwise in this Agreement, no Member shall be entitled to any have priority or preference over any other Member in with regard to the return of capital capital, the allocation of any Company items or the distribution of profits of the CompanyCompany property.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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Priority Among Members. No Member shall be entitled to any priority or preference over any other Member in regard to the return of capital or distribution of profits affairs of the CompanyCompany or any Series.

Appears in 1 contract

Samples: Limited Liability Company Agreement (RICI Linked - PAM Total Index Series, a Series of RICI Linked - PAM Advisors Fund, LLC)

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