Common use of Priority Among Partners Clause in Contracts

Priority Among Partners. No Partner shall be entitled to any priority or preference over any other Partner either as to return of capital contributions or as to profits, losses or distributions, except to the extent that this Agreement may be deemed to establish such a priority or preference.

Appears in 13 contracts

Sources: Partnership Agreement (BGC Partners, Inc.), Limited Partnership Agreement (BGC Partners, Inc.), Limited Partnership Agreement (BGC Partners, Inc.)

Priority Among Partners. No Partner shall be entitled to any priority or preference over any other Partner either as to return of capital contributions or as to profits, losses or distributions, except to the extent that this Agreement establishes or may be deemed to establish such a priority or preference.

Appears in 9 contracts

Sources: Partnership Agreement, Partnership Agreement, Partnership Agreement (Newmark Group, Inc.)

Priority Among Partners. No Partner shall be entitled to any priority or preference over any other Partner either as to return of capital contributions or as to profits, losses or distributions, except to the extent that this Agreement establishes, or may be deemed to establish establish, such a priority or preference.

Appears in 6 contracts

Sources: Parent Agreement, Parent Agreement (BGC Partners, Inc.), Partnership Agreement (Newmark Group, Inc.)