Common use of Expenses of Members Clause in Contracts

Expenses of Members. The Company shall reimburse the Members for any costs that may be expended by them on behalf of the Company in accordance with this Agreement made out of funds other than those of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland Real Estate Corp)

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Expenses of Members. The Company shall reimburse the Members for any costs that may be expended by them on behalf of the Company in accordance with this Agreement made out of funds other than those of the Company.. Admission of Additional Members;

Appears in 2 contracts

Samples: Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland Real Estate Corp)

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Expenses of Members. The Company shall reimburse the Members for any reasonable, out-of-pocket costs that may be expended by them on behalf of the Company in accordance with this Agreement made out of funds other than those of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inland Retail Real Estate Trust Inc)

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