No Priority and Return of Capital. Except as expressly provided in Article 9 or 10, no Member shall have priority over any other Member, either as to the return of Capital Contributions or as to Net Profits, Net Losses or distributions; provided, that this Section 6.4 shall not apply to loans made by a Member to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Greatamerica Leasing Receivables 2000-1 LLC)
No Priority and Return of Capital. Except as expressly provided in Article 9 ARTICLES 10 or 1011, no Member shall have priority over any other Member, either as to the return of Capital Contributions or as to Net Profits, Net Losses or distributions; provided, that this . This Section 6.4 5.7 shall not apply to loans made by a Member to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Laureate Ventures, Inc.)
No Priority and Return of Capital. Except as expressly provided in Article 9 or 10, no Member shall have priority over any other Member, either as to the return of Capital Contributions or as to Net Profitsprofits, Net Losses losses or distributions; provided, ; that this Section 6.4 5.6 shall not apply to loans made by a Member to the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Emeritus Corp\wa\)
No Priority and Return of Capital. Except as expressly provided in Article 9 Articles IX, X, or 10XIII, as applicable, no Member shall have priority over any other Member, either as to the return of Capital Contributions or Member as to Net Profits, Net Losses Losses, a return of Capital Contributions, distributions of Distributable Cash or any other distributions; provided, that this Section 6.4 shall not apply to loans made by a Member to the Company.
Appears in 1 contract
Samples: Operating Agreement
