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: Jacob Leinenkugel Brewing Co., LLC, Agreement (Advanced Prosthetics of America, Inc.), Molson Coors Capital Finance ULC
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: Hartman Commercial Properties Reit
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: JMA Associates, Inc.