Common use of Priority and Return of Capital Clause in Contracts

Priority and Return of Capital. No Series Member shall have priority over any other Series Member either as to the return of Capital Contributions or as to allocation of Profits, Losses or Distributions; provided that this Article 7.4 shall not apply to loans made to the Company by the Founder, a Series Manager or Series Member with respect to a Series, unless Member Classes specifically having such priority are provided in a Series Agreement.

Priority and Return of Capital. No Except as may be expressly provided in Section 11, no Member associated with a Series Member shall have priority over any other Series Member associated with such Series, either as to the return of Capital Contributions or as to allocation of ProfitsNet Income, Net Losses or Distributionsdistributions; provided that this Article 7.4 Section 8.5 shall not apply to loans made to the Company by the Founder, a Series Manager or Series Member with respect to a Series, unless Member Classes specifically having such priority are provided in a Series Agreement.

Priority and Return of Capital. No Except as may be expressly provided in Article IX, no Member associated with a Series Member shall have priority over any other Series Member associated with such Series, either as to the return of Capital Contributions or as to allocation of Profits, Losses or Distributionsdistributions; provided that this Article 7.4 Section 6.04 shall not apply to loans made to the Company by the Founder, a Series Manager or Series Member with respect to regarding a Series, unless Member Classes specifically having such priority are provided in a Series Agreement.

Priority and Return of Capital. No Except as expressly provided in Article IX, members associated with the Series Member shall have no priority over any other member associated with the Series Member either as to for the return or profit, loss or distribution of Capital Contributions or as to allocation of Profits, Losses or Distributions; provided that this Article 7.4 shall capital contributions. This Section 6.04 does not apply to loans made by members to the Company by in connection with the Founder, a Series Manager or Series Member with respect to a Series, unless Member Classes specifically having such priority are provided in a Series Agreement.

Priority and Return of Capital. No ‌ Except as may be expressly provided in Article IX, no Member associated with a Series Member shall have priority over any other Series Member associated with such Series, either as to the return of Capital Contributions or as to allocation of Profits, Losses or Distributionsdistributions; provided that this Article 7.4 Section 6.03 shall not apply to loans made to the Company by the Founder, a Series Manager or Series Member with respect to a Series, unless Member Classes specifically having such priority are provided in a Series Agreement.