Common use of Payment of Debts Clause in Contracts

Payment of Debts. The assets shall first be applied to the payment of the liabilities of the Company and the expenses of liquidation.

Appears in 10 contracts

Samples: Company Agreement (ROX Financial LP), Company Agreement (ROX Financial LP), Limited Liability Company Agreement (Community Choice Financial Inc.)

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Payment of Debts. The assets shall first be applied to ---------------- the payment of the liabilities of the Company (other than any loans or advances that may have been made by Members to the Company) and the expenses of liquidation.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc), Limited Liability Company Agreement (Plug Power Inc)

Payment of Debts. The assets shall first be applied to the ---------------- payment of the liabilities of the Company (other than any loans or advances that may have been made by Members to the Company) and the expenses of liquidation.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Plug Power Inc)

Payment of Debts. The assets shall first be applied to the payment of the liabilities of the Company (other than any loans or advances that may have been made by the Member to the Company) and the expenses of liquidation.

Appears in 1 contract

Samples: Operating Agreement (RQI Holdings, LLC)

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Payment of Debts. The assets shall first be applied to the payment of the expenses of liquidation and the liabilities of the Company and the expenses of liquidationCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlantic Oklahoma Wind, LLC)

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