Status of Creditor. No creditor who makes a nonrecourse loan to the Partnership shall 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 3 contracts
Samples: Limited Partnership Agreement (Jacob Leinenkugel Brewing Co., LLC), Limited Partnership Agreement (Advanced Prosthetics of America, Inc.), Limited Partnership Agreement (Molson Coors Capital Finance ULC)
Status of Creditor. No creditor who makes a nonrecourse loan to the Partnership shall 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.. ARTICLE IX
Appears in 1 contract
Samples: Limited Partnership Agreement (JMA Associates, Inc.)
Status of Creditor. No creditor who makes a nonrecourse non-recourse loan to the Partnership shall 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: Partnership Agreement (Hartman Commercial Properties Reit)
