Common use of Creditors of the Company Clause in Contracts

Creditors of the Company. No creditor of the Company will have or shall acquire at any time any direct or indirect interest in the profits, capital or property of the Company other than as a secured creditor as a result of making a loan to the Company.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (Paulsboro Natural Gas Pipeline Co LLC), Operating Agreement (Sunoco LP), Operating Agreement (Energy Transfer Partners, L.P.)

AutoNDA by SimpleDocs

Creditors of the Company. No creditor of the Company Company, in its capacity as such, will have have, or shall acquire acquire, at any time time, any direct or indirect interest in the profits, capital capital, or property of the Company other than as a secured creditor as a result of making a loan to the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (HG Vora Capital Management, LLC), Limited Liability Company Agreement (Sixth Street Partners Management Company, L.P.), Limited Liability Company Agreement (Hudson Bay Capital Management LP)

Creditors of the Company. No creditor of the Company will have or shall acquire at any time any direct or indirect interest in the profits, capital capital, or property of the Company other than as a secured creditor as a result of making a loan to the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Chicagoland Television News, LLC)

AutoNDA by SimpleDocs

Creditors of the Company. No creditor of the Company will have or shall acquire at any time any direct or indirect interest in the profits, capital or property of the Company other than as a secured creditor as a result of making a loan to the Company.in

Appears in 1 contract

Samples: Contribution Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!