Common use of No Priority Clause in Contracts

No Priority. Except as may be otherwise expressly provided herein, no Member shall have priority over any other Member as to Company capital, income, gain, deductions, loss, credits or distributions.

Appears in 7 contracts

Sources: Operating Agreement, Operating Agreement, Limited Liability Company Agreement (Badlands Power Fuels, LLC)

No Priority. Except as may be otherwise expressly provided herein, no Member shall have priority over any the other Member Members as to Company capital, income, gain, deductions, loss, credits and deductions or distributions.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Inergy L P), Limited Liability Company Agreement (Inergy L P), Limited Liability Company Agreement (Inergy L P)

No Priority. Except as may be otherwise expressly provided herein, no Member shall have priority over any other Member as to Company capital, incomeIncome, gain, deductionsLoss, loss, credits Credits and deductions or distributions.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (CHS Inc), Limited Liability Company Agreement (CHS Inc), Limited Liability Company Agreement (Cenex Harvest States Cooperatives)

No Priority. Except as may be otherwise expressly provided herein, no Member shall have has priority over any other Member as to Company capital, income, gain, deductions, loss, credits or distributions.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Genelux Corp), Operating Agreement (Inergy Pipeline East, LLC)

No Priority. Except as may be otherwise expressly provided hereinin this Agreement, no Member shall have has priority over any other Member as to Company capital, incomeIncome, gain, deductions, lossLoss, credits or distributionsDistributions.

Appears in 2 contracts

Sources: Operating Agreement (Auor Capital Fund v LLC), Operating Agreement (Auor Capital Fund v LLC)

No Priority. Except as may be otherwise expressly provided hereinin this Agreement, no Member shall have priority over any other Member as to Company capital, income, gain, deductions, loss, credits and deductions or distributions.

Appears in 2 contracts

Sources: Operating Agreement (First American Capital Corp /Ks), Operating Agreement (First American Capital Corp /Ks)

No Priority. Except as may be otherwise expressly provided herein, no Member shall will have priority over any other Member as to Company capital, incomeIncome, gain, deductions, lossLoss, credits or distributionsDistributions.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Inergy Holdings LLC)

No Priority. Except as may be otherwise expressly provided herein, no Member shall have priority over any other Member as to Company capital, income, gain, deductions, loss, credits and deductions or distributions.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Cenex Harvest States Cooperatives)

No Priority. Except as may be otherwise expressly provided herein, no Member shall have priority over any other Member as to Company capital, income, gain, deductions, loss, credits and deductions or distributionsdistributions of any nature described in this Agreement.

Appears in 1 contract

Sources: Members Agreement (Optigenex Inc.)