Common use of Loans by Company to Members Clause in Contracts

Loans by Company to Members. Unless otherwise approved by the Board of Governors, the Company will not make any loans to Members.

Appears in 10 contracts

Samples: Operating Agreement, Operating Agreement (Granite Falls Energy, LLC), Operating Agreement (Granite Falls Energy, LLC)

AutoNDA by SimpleDocs

Loans by Company to Members. Unless otherwise approved by the Board of GovernorsDirectors, the Company will not make any loans to Members.

Appears in 1 contract

Samples: Operating Agreement (Nedak Ethanol, LLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!