Borrowing Money; Pledging Company Assets; Lending Property. Subject to any applicable Fundamental Policies of the Company or any applicable provision of the By-Laws, the Directors shall have power, on behalf of the Company, to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security any of the Company Property, to endorse, guarantee, or undertake the performance of any obligation, contract or engagement of any other Person and to lend Company Property.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (Master Value Opportunities LLC), Limited Liability Company Agreement (Master Basic Value LLC), Limited Liability Company Agreement (Master Treasury LLC)
Borrowing Money; Pledging Company Assets; Lending Property. Subject to any applicable Fundamental Policies of the Company or any applicable provision of the By-LawsLaws or the Investment Company Act, the Directors shall have the power, on behalf of the Company, to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security any of the Company Property, to endorse, guarantee, or undertake the performance of any obligation, contract or engagement of any other Person and to lend Company Property.
Appears in 4 contracts
Samples: Oppenheimer Master Inflation (Oppenheimer Master Inflation Protected Securities Fund, LLC), Limited Liability Company Agreement (Oppenheimer Master International Value Fund, LLC), Limited Liability Company Agreement (Oppenheimer Master Loan Fund, LLC)
