Common use of Guarantee of Company Indebtedness Clause in Contracts

Guarantee of Company Indebtedness. Except for arrangements expressly described in this Agreement, no Member shall enter into (or permit any Person related to the Member to enter into) any arrangement with respect to any liability of the Company that would result in such Member (or person related to such Member under Regulations Section 1.752-4(b)) bearing the economic risk of loss (within the meaning of Regulations Section 1.752-2) with respect to such liability unless such arrangement has been approved by a Majority Interest of Voting Percentage Interests. This Section 5.2E shall not prohibit any Member of the Company from satisfying its obligation under state law to pay monies owed to any creditor of the Company on account of the Company’s obligations. To the extent a Member is permitted to guarantee the repayment of any Company indebtedness under this Agreement, each of the other Members shall be afforded the opportunity to guarantee such Member’s pro rata share of such indebtedness, determined in accordance with the Members’ respective Percentage Interests.

Guarantee of Company Indebtedness. Except for arrangements expressly described in this Agreement, no Member shall enter into (or permit any Person related to the Member to enter into) any arrangement with respect to any liability of the Company that would result in such Member (or a person related to such Member under Regulations Section 1.752-4(b)) bearing the economic risk of loss (within the meaning of Regulations Section 1.752-2) with respect to such liability unless such arrangement has been approved by a Majority Interest of Voting Percentage Interestsall Members. This Section 5.2E 6.2(e) shall not prohibit any Member of the Company from satisfying its obligation under state law to pay monies owed to any creditor of the Company on account of the Company’s 's obligations. To the extent a Member is permitted to guarantee the repayment of any Company indebtedness under this Agreement, each of the other Members shall be afforded the opportunity to guarantee such Member’s 's pro rata share of such indebtedness, determined in accordance with the Members’ ' respective Percentage InterestsUnits.

Guarantee of Company Indebtedness. Except for arrangements expressly described in this Agreement, no Member shall enter into (or permit any Person person or party related to the Member to enter into) any arrangement with respect to any liability of the Company that would result in such Member (or a person or party related to such Member under Regulations Section section 1.752-4(b)) bearing the economic risk of loss (within the meaning of Regulations Section 1.752-2) with respect to such liability unless such arrangement has been approved by a Majority Interest of Voting Percentage Intereststhe Members. This Section 5.2E 3(c)(iv)(D) shall not prohibit any Member of the Company from satisfying its obligation obligations under state law to pay monies owed to any creditor of the Company on account of the Company’s 's obligations. To the extent a Member is permitted to guarantee the repayment of any Company indebtedness under this Agreement, each of the other Members shall be afforded the opportunity to guarantee such Member’s 's pro rata share of such indebtedness, determined in accordance with the Members’ ' respective Percentage InterestsOwnership Percentage.