Borrowings for Guaranteed Payments. To the extent the Company does not have sufficient cash to make the distribution required to be made pursuant to Section 4.1(a)(i) then, unless the Manager or the Principals object, the Manager shall cause the Company to borrow funds in order to make such distributions in a full and timely manner.
Appears in 3 contracts
Samples: Operating Agreement (Insight Communications Co Inc), Operating Agreement (Coaxial LLC), Operating Agreement (Insight Communications of Central Ohio LLC)
Borrowings for Guaranteed Payments. To the extent the Company does not ---------------------------------- have sufficient cash to make the distribution required to be made pursuant to Section 4.1(a)(i) then, unless then the Manager or the Principals objectmay, the Manager but shall not be obligated to, cause the Company to borrow funds in order to make such distributions in a full and timely manner.
Appears in 1 contract
Samples: Operating Agreement (Insight Communications Co Inc)
