Contracts with Affiliates. A. Subject to Section 7.6.B below, the Company may lend or contribute to Persons in which it has an equity investment, and such Persons may borrow funds from the Company, on terms and conditions established in the sole and absolute discretion of the Managing Member. The foregoing authority shall not create any right or benefit in favor of any Person.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Hcp, Inc.), Guaranty Agreement (Healthpeak Properties, Inc.)
Contracts with Affiliates. A. Subject to Section 7.6.B below, the The Company may lend or contribute to Persons in which it has an equity investment, and such Persons may borrow funds from the Company, on terms and conditions established in the sole and absolute discretion of the Managing Member. The foregoing authority shall not create any right or benefit in favor of any Person.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Contracts with Affiliates. A. Subject to Section 7.6.B 7.6B below, the Company may lend or contribute to Persons in which it has an equity investment, and such Persons may borrow funds from the Company, on terms and conditions established in the sole and absolute discretion of the Managing Member. The foregoing authority shall not create any right or benefit in favor of any Person.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Hcp, Inc.)
Contracts with Affiliates. A. Subject to Section 7.6.B below, the Company may lend or contribute to Persons in which it has an equity investment, and such Persons may borrow funds from the Company, on terms and conditions established in the sole and absolute reasonable discretion of the Managing MemberMembers. The foregoing authority shall not create any right or benefit in favor of any Person.
Appears in 1 contract
Samples: Operating Agreement (Pan Pacific Retail Properties Inc)
Contracts with Affiliates. A. Subject to Section 7.6.B below, the Company may lend or contribute to Persons Affiliates in which it has an equity investment, and such Persons Affiliates may borrow funds from the Company, on terms and conditions established in the sole and absolute discretion of the Managing Member. The foregoing authority shall not create any right or benefit in favor of any Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Health Care Property Investors Inc)
Contracts with Affiliates. A. Subject to Section 7.6.B below, the (a) The Company may lend or contribute funds or other assets to its Subsidiaries or other Persons in which it has an equity investment, and such Persons may borrow funds from the Company, on terms and conditions established in the sole and absolute discretion of by the Managing Member. The foregoing authority shall not create any right or benefit in favor of any Subsidiary or any other Person.
Appears in 1 contract
