Common use of Treatment of Loans From Members Clause in Contracts

Treatment of 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.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Rayven Properties, LLC), Limited Liability Company Agreement (Nikola Corp), Limited Liability Company Agreement

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Treatment of 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 5.03(a)(iii), if applicable.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Limited Liability Company Agreement

Treatment of 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 5.03(a)(iii), if applicable.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ternio, LLC), Limited Liability Company Agreement (Good Hemp, Inc.), Limited Liability Company Agreement (Shepherd's Finance, LLC)

Treatment of 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 3 contracts

Samples: Limited Liability Company Agreement (Tecogen Inc.), Limited Liability Company Agreement (Scio Diamond Technology Corp), Operating Agreement

Treatment of 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 2 contracts

Samples: Operating Agreement (Sugarmade, Inc.), Limited Liability Company Agreement (Athenex, Inc.)

Treatment of 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 6.2(a), if applicable.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Morgans Hotel Group Co.), Limited Liability Company Agreement (Morgans Hotel Group Co.)

Treatment of 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 4.03(a)(iii), if applicable.

Appears in 1 contract

Samples: Operating Agreement (Csac Acquisition Inc.)

Treatment of 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 the Code or Treasury Regulations, if applicable.

Appears in 1 contract

Samples: Joinder Agreement (Agrify Corp)

Treatment of 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 5.03(a)(iii) , if applicable.

Appears in 1 contract

Samples: Operating Agreement (Agrify Corp)

Treatment of 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 Member1s Capital Account, other than to the extent provided in Section 5.04(a)(iii), if applicable.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Longeveron LLC)

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Treatment of 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 5.03(a)(i)(C), if applicable.

Appears in 1 contract

Samples: Limited Liability Company Agreement (ATN International, Inc.)

Treatment of Loans From Members. Member 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 1 contract

Samples: Operating Agreement (Hempacco Co., Inc.)

Treatment of Loans From Members. (a) 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 3.04(a)(iii), if applicable.

Appears in 1 contract

Samples: Operating Agreement

Treatment of 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 (iii), if applicable.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TWO RIVERS WATER & FARMING Co)

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

Appears in 1 contract

Samples: Operating Agreement (Atlanticus Holdings Corp)

Treatment of Loans From Members. Loans by any Member to the Company shall are not be considered Capital Contributions and shall do not affect the maintenance of such the Member’s Capital Account.

Appears in 1 contract

Samples: Amended Operating Agreement (Efund City Metro Income Fund LLC)

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