Common use of Member Loans Clause in Contracts

Member Loans. A Member, or an Affiliate of a Member, may, but is not obligated to, loan or cause to be loaned to the Company such additional sums as the Managers deem appropriate or necessary for the conduct of the business of the Partnership. Loans made by a Member, or an Affiliate of a Member, shall be upon such terms and for such maturities as the Managers deem reasonable in view of all the facts and circumstances and the repayment of which may be designated in priority to distributions of Cash Flow.

Member Loans. A Member, or an Affiliate of a Member, may, but is not obligated to, loan or cause to be loaned to the Company such additional sums as the Managers deem appropriate or necessary for the conduct of the business of the PartnershipCompany. Loans made by a Member, or an Affiliate of a Member, shall be upon such terms and for such maturities as the Managers deem reasonable in view of all the facts and circumstances and the repayment of which may be designated in priority to distributions of Cash Flow.

Member Loans. A Member, Member or an Affiliate of a Member, Member may, but is not obligated to, loan or cause to be loaned to the Company such additional sums as the Board of Managers deem deems appropriate or necessary for the conduct of the business of the PartnershipCompany’s business. Loans made by a Member, or an Affiliate of a Member, shall be upon such terms and for such maturities maturities, and with such Member(s), as the Board of Managers deem reasonable determines, subject to the consent rights in view of all the facts and circumstances and the repayment of which may be designated in priority to distributions of Cash FlowSection 4.1(c) hereof.