Common use of Loans by Members Clause in Contracts

Loans by Members. No Member will be required to make loans to the Company by virtue of being a Member in the Company. Loans may be made, however, by any Member to the Company and will not be considered Capital Contributions. The amount of any such loan will be a debt due from the Company to such lending Member, and will be made upon such terms and conditions and bearing interest at such rates as will be approved by the Board in its sole discretion.

Loans by Members. No Member will be required to make loans to the Company by virtue of being a Member in the Company. Loans However, loans may be made, however, made by any Member to the Company and will any such loans shall not be considered Capital Contributions. The amount of any such loan will be a debt due from the Company to such lending Member, and will be made upon such terms and conditions and bearing interest at such rates as will be approved by the Board in its sole discretion., which terms and conditions shall, in any event be reasonable. No Class A Member may make a loan to the Company

Loans by Members. No Member will be required to make loans to the Company by virtue of being a Member in the Company. Subject to the terms of the Loan Documents, Loans may be made, however, by any Member to the Company and will not be considered Capital Contributions. The amount of any such loan will be a debt due from the Company to such lending Member, and will be made upon such terms and conditions and bearing interest at such rates as will be approved by the Board in its sole discretion, which terms and conditions shall, in any event be reasonable.

Loans by Members. No Member will be required to make loans to the Company by virtue of being a Member in the Company. Loans However, loans may be made, however, made by any Member to the Company and will any such loans shall not be considered Capital Contributions. The amount of any such loan will be a debt due from the Company to such lending Member, and will be made upon such terms and conditions and bearing interest at such rates as will be approved by the Board in its sole discretion, which terms and conditions shall, in any event be reasonable.

Loans by Members. No Except as otherwise provided for in this Agreement, no Member will shall be required to make loans to the Company by virtue of being a Member in the Company. Loans may be made, however, with the consent of the Manager, by any Member to the Company and will such loans shall not be considered Capital Contributions. The amount contributions to the capital of any such loan will be a debt due from the Company (each, a “Member Loan”). To the extent loans are made by any Member to such lending Memberthe Company, and will they shall be made upon such terms on terms, including interest rates and conditions other finance charges, as are comparable to or no worse than amounts that are charged by unrelated banks and bearing interest at such rates as will be approved by the Board in its sole discretionother financial institutions for comparable loans for a similar purpose.

Loans by Members. No Member will be required to make loans to the Company by virtue of being a Member in the Company. Loans may be made, however, by any Member to the Company and will not be considered Capital Contributions. The amount of any such loan will be a debt due from the Company to such lending Member, and will be made upon such terms and conditions and bearing interest at such rates as will be approved by the Board in its sole discretion, which terms and conditions shall, in any event be reasonable.

Loans by Members. No Member will be required to make loans to the Company by virtue of being a Member in the Company. Loans may be made, however, made by any Member to the Company and will not be considered Capital Contributions. The amount of any such loan will be a debt due from the Company to such lending Member, and will be made upon such terms and conditions and bearing interest at such rates as will shall be approved by the Board in its sole discretionBoard.