Common use of Priority and Return of Capital Clause in Contracts

Priority and Return of Capital. Except as otherwise provided in this Agreement, no Partner shall have priority over any other Partner for the return of a Capital Contribution; provided, however, that this Section shall not apply to loan or other indebtedness (as distinguished from a Capital Contribution) made by a Partner to the Partnership.

Priority and Return of Capital. Except as otherwise provided noted in this AgreementArticle 8.1, no Partner shall have priority over any other Partner for Partner, either as to the return of a Capital Contributioncapital contributions or as to distributions; provided, however, provided that this Section shall not apply to loan or other indebtedness loans (as distinguished from a Capital Contributioncapital contributions) made by which a Partner has made to the Partnership.

Priority and Return of Capital. Except as otherwise expressly provided in for by the provisions of this Agreement, no Limited Partner shall have priority over any other Partner for Limited Partner, either as to the return of all or a portion of Capital Contribution; providedContributions or as to allocations of Taxable Income or Taxable Loss, however, that this Section shall not apply or as to loan distributions of Net Cash Flow or other indebtedness (as distinguished from a Capital Contribution) made by a Partner to the PartnershipSale or Refinancing Proceeds.

Priority and Return of Capital. Except as otherwise may be expressly provided in this Agreement, no Partner shall have priority over any other Partner for Partner, either as to the return of a Capital ContributionContributions or as to Profits, Losses or distributions; provided, however, provided that this Section shall not apply to loan or other indebtedness (as distinguished from a Capital Contribution) made by loans which a Partner has made to the Partnership.

Priority and Return of Capital. Except as otherwise may be expressly provided in this Agreementherein, no Limited Partner shall have priority over any other Partner for Limited Partner, either as to the return of a Capital Contribution; providedContributions or as to the Profits, however, that this Section shall not apply to loan Losses or other indebtedness (as distinguished from a Capital Contribution) made by a Partner distributions with respect to the Partnership.