Common use of Loans From Members Clause in Contracts

Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 3.03(a)(iii), if applicable.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Lendway, Inc.), Limited Liability Company Agreement (BIT ORIGIN LTD), Limited Liability Company Agreement (Hut 8 Corp.)

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Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 3.03(a)(iii)3.04 and Section 3.06, if applicable.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.), Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.)

Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 3.03(a)(iii)3.04, if applicable.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Loop Industries, Inc.)

Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s 's Capital Account, other than to the extent provided in Section 3.02(c) and Section 3.03(a)(iii), if applicable.

Appears in 2 contracts

Samples: LLC Operating Agreement, LLC Operating Agreement

Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 3.03(a)(iii), if applicable3.02.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Arcadia Biosciences, Inc.)

Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s 's Capital Account, other than to the extent provided in Section 3.03(a)(iii), if applicable.

Appears in 1 contract

Samples: Limited Liability Company Agreement (iMedia Brands, Inc.)

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Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 3.03(a)(iii)Sections 5.01, 5.02 and 5.03 if and to the extent applicable.

Appears in 1 contract

Samples: Operating Agreement (BBX Capital Florida LLC)

Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 3.02(c) and Section 3.03(a)(iii), if applicable.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CurrencyWorks Inc.)

Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 3.03(a)(iii3.02(c) and Section 3.04(a)(iii), if applicable.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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