Common use of No Priority, Etc Clause in Contracts

No Priority, Etc. Except as otherwise provided herein, no Member shall have priority over any other Member either as to the return of the amount of its Capital Contribution, if any, to the Company or as to any allocation of Net Profit and Net Loss.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.), Limited Liability Company Agreement (United Auto Group Inc), Limited Liability Company Agreement (Uag Connecticut I LLC)

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No Priority, Etc. Except as otherwise provided hereinin Section 6, no Member shall have priority over any other Member either as to the return of the amount of its Capital Contribution, if any, Contribution to the Company or as to any allocation of Net Profit Income and Net Loss.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Harbor Global Co LTD)

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