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Common use of No Priority Clause in Contracts

No Priority. No Series Member shall have priority over any other Series Member.

Appears in 8 contracts

Sources: Limited Liability Company Agreement (Dome Capital, LLC), Limited Liability Company Agreement (Dome Capital, LLC), Operating Agreement (Landa App 3 LLC)

Related Clauses

  • Validity and Priority of Security Interest
  • Priority and Liens
  • Creation, Perfection and Priority of Security Interests
  • Perfection and Priority
  • Perfected First Priority Liens

Parent Clauses

  • Allocations and Distributions
  • COVENANTS OF THE AUTHORITY
  • GRANTING OF FRANCHISE
  • Series
  • Series Generally

Sub-Clauses

  • Distributions
  • Allocations Between Assignor and Assignee
  • Title to Assets
  • Members
  • Qualified Income Offset
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