Common use of Borrowing Clause in Contracts

Borrowing. The Company may borrow for Company purposes from any source upon such terms and conditions as the Chief Manager may determine. The Chief Manager shall and hereby is empowered to execute and deliver on behalf of the Company any and all promissory notes, security agreements, deeds of trust and other documents and instruments required by the lender in connection therewith.

Appears in 31 contracts

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)

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Borrowing. The Company may borrow for Company purposes from any source upon such terms and conditions as the Chief Manager Member may determine. The Chief Manager shall and hereby is empowered to execute and deliver on behalf of the Company any and all promissory notes, security agreements, deeds of trust and other documents and instruments required by the lender in connection therewith.

Appears in 18 contracts

Samples: Operating Agreement (CBL/Regency I, LLC), Operating Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)

Borrowing. The Company may borrow for Company purposes from any source upon such terms and conditions as the Chief Manager Member may determine. The Chief Manager shall be and hereby is empowered to execute and deliver on behalf of the Company any and all promissory notes, notes, indentures, security agreements, deeds of trust trust, guarantees and other documents and instruments required by the lender lender, noteholder, trustee, collateral agents and others in connection therewith.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)

Borrowing. The Company may borrow for Company purposes from any source upon such terms and conditions as the Chief Manager Board of Managers may determine. The Chief Manager shall be and hereby is empowered to execute and deliver on behalf of the Company any and all promissory notes, security agreements, deeds of trust trust, guarantees and other documents and instruments required by the lender in connection therewith.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)

Borrowing. The Company may borrow for Company purposes from any source upon such terms and conditions as the Chief Manager Members may determine. The Chief Manager shall and hereby is empowered to execute and deliver on behalf of the Company any and all promissory notes, security agreements, deeds of trust and other documents and instruments required by the lender in connection therewith.

Appears in 1 contract

Samples: Operating Agreement (CBL/Regency I, LLC)

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Borrowing. The Company may borrow bxxxxx for Company purposes from any source upon such terms and conditions as the Chief Manager may determine. The Chief Manager shall and hereby herein is empowered to execute and deliver on behalf of the Company any and all promissory notes, security agreements, deeds of trust and other oilier documents and instruments required by the lender in connection therewith.

Appears in 1 contract

Samples: Operating Agreement (CBL/Regency I, LLC)

Borrowing. The Company may borrow for Company purposes from any source upon such terms and conditions as the Chief Manager may determine. The Chief Manager shall be and hereby is empowered to execute and deliver on behalf of the Company any and all promissory notes, security agreements, deeds of trust trust, guarantees and other documents and instruments required by the lender in connection therewith.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC)

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