Third Party Loans. In the event of a failed capital call, or the unavailability of a Manager Advance or Member Loan, the Manager may obtain a loan and/or credit from one or more third parties as it deems appropriate to further the business objectives of the Company. Such loan shall be made to the Company on such terms as the Manager deems reasonable and appropriate after taking into account the urgency and need for the funds.
Third Party Loans. In the event that the Member shall determine, at any time and from time to time, that the Company requires additional funds, the Member shall have the right to cause the Company to borrow additional funds from a third-party lender upon such terms and conditions as the Member may elect.
Third Party Loans. In the event of a failed capital call, or the unavailability of a Manager Advance or Member Loan, the Manager may obtain a loan and/or credit from one or more third parties as it deems appropriate to further the business objectives of the Company. Such loan shall be made to the Company on such terms as the Manager deems reasonable and appropriate after taking into account the urgency and needs for the funds. Third party loans will be a critical part of our real estate development as an emerging growth company. Based on a successful capital raise, if any, our Company will participate in borrowing money for our real estate development projects including leveraging our equity. For example, if the company raises $20,000,000 to $50,000,000 (the maximum) in a successful company raise, that money will be used to leverage debt financing for Xxxxxxx Tower, a $200,000,000 project. Even if the Company raises $100,000, that amount will be used to leverage a $1,000,000 construction loan to build small 4 to 10 unit apartment complexes, up to 10 single family homes and/or the launch of our nationwide chain of $1.00 Stores such as Can You Spare a Dollar? So, third party loans will be crucial to our real estate projects, developments and startup businesses as an emerging growth proptech and fintech company.
Third Party Loans. Make any Third Party Loan.
Third Party Loans. Section 4.18 of the Disclosure Letter lists each material loan document and the related interest rate hedge documents, and the Company Parties have made available to the Buyer Parties each loan document and representative hedge documents (together with any amendments and, guarantees related thereto, the “Loan Documents”) with respect to any loans made to and interest rate xxxxxx entered into by, any of the Acquired Companies by or with any Person which as of the date of this Agreement has an outstanding balance that is payable to such Person by any of the Acquired Companies or pursuant to which Debt incurred by any of the Acquired Companies may be owed to such Person (collectively, the “Existing Indebtedness”). Except as set forth in Section 4.18 of the Disclosure Letter, no Person: (a) has delivered to any Company Parties any written notice of default under any of the Loan Documents or (b) executed any written waiver of any obligations of the Acquired Companies under any of the Loan Documents.
Third Party Loans. The Company may borrow from third party lenders such amounts as the Board of Managers determines to be necessary, either for working capital or capital expenditures, on such terms and conditions as the Board of Managers considers reasonable. The Board of Managers may grant mortgages, security interests, or such other collateral as may be required by such third party lenders to secure any such borrowing.
Third Party Loans. Section 4.29 of the Disclosure Letter lists each loan document (together with any amendments, guarantees and any ancillary documents and agreements related thereto, the “Loan Documents”) with respect to any loans made by any of the Acquired Companies to any Person (other than any of the Acquired Companies) which as of the date of this Agreement has an outstanding balance that is payable by such Person to any of the Acquired Companies or pursuant to which Debt to any of the Acquired Companies may be incurred by such Person (collectively, the “Loans”). As of the date of this Agreement, the outstanding principal amount of each Loan or the amount of Debt that may be borrowed under each Loan Document is not less than the amount set forth on Section 4.29 of the Disclosure Letter. Except as set forth in Section 4.29 of the Disclosure Letter, none of the Acquired Companies (a) has delivered any written notice of default under any of the Loan Documents or (b) executed any written waiver of any rights of the Acquired Companies under any of the Loan Documents.
Third Party Loans. In the event of a failed capital call, or the unavailability of a General Partner Advance or Limited Partner Loan, the General Partner may obtain a loan and/or credit from one or more third-parties as it deems appropriate to further the business objectives of the Company. Such loan shall be made to the Company (as Borrower or Debtor) on such terms as the General Partner deems reasonable and appropriate after taking into account the urgency and need for the funds.
Third Party Loans. Neither Borrower nor any of its respective Subsidiaries shall directly or indirectly make any Third Party Loans except:
Third Party Loans. Except as permitted in Sections 5.02(e) and 5.02(j) make any loans or advances to any other persons.
