Common use of Loans to Company Clause in Contracts

Loans to Company. The Company may borrow funds from Members on terms and conditions as determined by the Manager. Repayment of such loans shall be on the terms and conditions determined by the Manager.

Appears in 24 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Loans to Company. The Company may borrow funds from Members on terms and conditions as determined by the Manager. Repayment of such loans shall be on the terms agreed to by the Member and conditions determined Company and solely approved by the Manager.

Appears in 1 contract

Samples: Operating Agreement

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