Nonrecourse Creditors. A creditor who makes a nonrecourse loan to the Partnership will not have or acquire, at any time as a result of making the loan, any direct or indirect interest in the profits, capital, or property of the Partnership other than as a secured creditor.
Appears in 4 contracts
Samples: Agreement (Atlantic Oklahoma Wind, LLC), Real Estate Associates LTD Iv, Real Estate Associates LTD Vi
Nonrecourse Creditors. A creditor who makes a nonrecourse loan to the Partnership will must not have or acquire, at any time as a result of making the loan, any direct or indirect interest in the profits, capital, or property of the Partnership other than as a secured creditor.
Appears in 2 contracts
Samples: Real Estate Associates LTD Ii, Real Estate Associates LTD Iii
Nonrecourse Creditors. A creditor who makes a nonrecourse loan to the Partnership will must not have or acquire, at any time as a result of making the loan, any direct or indirect interest in the profits, capital, capital or property of the Partnership other than as a secured creditor.
Appears in 2 contracts
Samples: Partnership Agreement (Jones Programming Partners 1-a LTD), Limited Partnership Agreement (Jones Programming Partners 2-a LTD)
Nonrecourse Creditors. A creditor who makes a nonrecourse loan to the Partnership will not must now have or acquire, at any time as a result of making the loan, any direct or indirect interest in the profits, capital, or property of the Partnership other than as a secured creditor.
Appears in 1 contract
Samples: Real Estate Associates LTD/Ca
Nonrecourse Creditors. A No creditor who makes a nonrecourse loan to the Partnership will not have or acquire, acquire at any time time, as a result of making the loan, any direct or indirect interest in the profits, capital, or property of the Partnership other than as a secured creditor.
Appears in 1 contract
Samples: Certificate and Agreement (American Capital Exchange Fund)