Loans by Partners. Should any Partner make a loan to the Partnership, such Partner would be entitled to receive interest on any loan so made, but in no event shall such interest be in excess of the maximum legal rate then allowable pursuant to the usury law of the State of California.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Performance Asset Management Co), Limited Partnership Agreement (Performance Asset Management Co)
Loans by Partners. Should any Partner make a loan to the Partnership, such Partner would be entitled to receive interest on any loan so made, but in no event shall such interest be in excess of the maximum legal rate then allowable pursuant to the usury law of the State of California.
Appears in 1 contract
Samples: Limited Partnership Agreement (Performance Asset Management Co)
Loans by Partners. Should In the event any Partner should make a loan to the Partnership, such Partner would be entitled to receive interest on any loan so made, but in no event shall such interest be in excess of the maximum legal rate then allowable pursuant to the usury law of the State of California.
Appears in 1 contract
Samples: Limited Partnership Agreement (Performance Asset Management Co)
