Common use of Creditors’ Claims Clause in Contracts

Creditors’ Claims. To the payment of the debts and liabilities of the Company and the expenses of liquidation including, but not limited to, any loans or advancements made by the Member to the Company.

Creditors’ Claims. To First, to the payment of the debts and liabilities of the Company (including, without limitation, loans, if any, that may have been made by the Members to the Company) and the expenses of liquidation including, but not limited to, any loans or advancements made by the Member to the Companyliquidation.