Common use of Ordinary Debts Clause in Contracts

Ordinary Debts. To payment of the debts and liabilities of the Company, including debts owed to Interest Holders or the Manager, in the order of priority provided by law; provided that the Company shall first pay, to the extent permitted by law, liabilities with respect to which any Interest Holder or Manager is or may be personally liable;

Ordinary Debts. To payment of the debts and liabilities of the Company, including debts owed to Interest Holders or the ManagerHolders, in the order of priority provided by law; provided that the Company shall first pay, pay to the extent permitted by law, liabilities with respect to which any Interest Holder or Manager is or may be personally liable;

Ordinary Debts. To payment of the debts and liabilities of the Company, including debts owed to Interest Holders or the ManagerManagers, in the order of priority provided by law; provided that the Company shall first pay, to the extent permitted by law, liabilities with respect to which any Interest Holder or Manager is or may be personally liable;

Ordinary Debts. To payment of the debts and liabilities of the Company, including debts owed to Interest Holders or the ManagerMembers, in the order of priority provided by law; provided provided, however, that the Company shall first pay, pay to the extent permitted by law, liabilities with respect to which any Interest Holder or Manager Member is or may be personally liable;.