Loans to the Partnership. The General Partner (or an affiliate) may make loans to the Partnership or a co-investment, joint venture or participation entity, which will accrue interest at the greater of the General Partner's (or its affiliate's) actual cost of funds or the prime rate as reported in the Wall Street Journal plus 200 bps, adjusted monthly.
Appears in 3 contracts
Samples: Agreement (Madyson Equity Group, LP), Agreement (Madyson Equity Group, LP), Agreement (Madyson Equity Group, LP)
Loans to the Partnership. The General Partner (or an affiliate) may make loans to the Partnership or a co-investment, joint venture or participation entity, which will accrue interest at the greater of the General Partner's ’s (or its affiliate's’s) actual cost of funds or the prime rate as reported in the Wall Street Journal plus 200 bps, adjusted monthly.
Appears in 1 contract
