Common use of LOANS BY MEMBERS OR AFFILIATES Clause in Contracts

LOANS BY MEMBERS OR AFFILIATES. Subject to obtaining any approvals required under this Agreement for the Company to borrow funds, any Member or Affiliate may (but shall not be obligated to) at any time, upon obtaining the consent of the Managers, loan money or guarantee a loan to the Company to finance Company operations, to finance or refinance any assets of the Company, to pay the debts and obligations of the Company, or for any other Company purpose. If any Member or its Affiliate lends funds or guarantees a loan of funds to the Company, such Member or Affiliate shall be entitled to receive interest on such loan, or a fee for guaranteeing any such loan, at an interest rate or fee to be agreed upon by such Member or Affiliate and the Managers.

LOANS BY MEMBERS OR AFFILIATES. Subject to obtaining any approvals required under this Agreement for the Company to borrow funds, any Member or Affiliate may (but shall not be obligated to) at any time, upon obtaining the consent of the Managers, loan money or guarantee a loan to the Company to finance Company operations, to finance or refinance any assets of the Company, to pay the debts and obligations of the Company, or for any other Company purpose. If if any Member or its Affiliate lends funds or guarantees a loan of funds to the Company, such Member or Affiliate shall be entitled to receive interest on such loan, or a fee for guaranteeing any such loan, at an interest rate or fee to be agreed upon by such Member or Affiliate and the Managers.

LOANS BY MEMBERS OR AFFILIATES. Subject to obtaining any approvals required under this Agreement for the Company to borrow funds, any Any Member or Affiliate may (but shall not be obligated to) at any time, upon obtaining the consent of the ManagersManager, loan money or guarantee a loan to the Company to finance Company operations, to finance or refinance any assets of the Company, to pay the debts and obligations of the Company, or for any other Company purpose. If any Member or its Affiliate lends funds or guarantees a loan of funds to the Company, such Member or Affiliate shall be entitled to receive interest on such loan, or a fee for guaranteeing any such loan, at an interest rate or fee to be agreed upon by such Member or Affiliate and the ManagersManager.