Member Loans. Alternatively, the Manager may obtain a loan from one or more Members as and when necessary to continue the business of the Company, which shall earn six percent (6%) per annum Interest from the date of inception.
Appears in 20 contracts
Samples: Operating Agreement (Cardone Equity Fund IX, LLC), Operating Agreement (Cardone Equity Fund V, LLC), Operating Agreement (Cardone Equity Fund VI, LLC)
Member Loans. Alternatively, the Manager may obtain a loan from one or more Members as and when necessary to continue the business of the Company, which shall earn six ten percent (610%) per annum Interest from the date of inception.
Appears in 18 contracts
Samples: Operating Agreement, Limited Liability Company Agreement (Mission First Capital LLC), Limited Liabiltiy Company Agreement (Mission First Capital LLC)