Loans From Members. The Management Committee may elect, in its discretion, to cause the Members to fund Project Shortfalls and other financial requirements of the Company as loans to the Company in lieu of making Additional Contributions to the Company, on such terms and conditions as it shall determine from time to time.
Appears in 11 contracts
Samples: Operating Agreement, Limited Liability Company Agreement, Operating Agreement (Paladin Realty Income Properties Inc)
Loans From Members. The Management Committee may elect, in its discretion, to cause the Members to fund Project Shortfalls and other financial requirements of the Company as loans to the Company in lieu of making Additional Contributions to the Company, on such reasonable terms and conditions as it shall determine from time to time.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Paladin Realty Income Properties Inc)
Loans From Members. The Management Committee may elect, in its discretion, to cause the Members to fund Project Shortfalls and other financial requirements of the Company or the Project Owner as loans to the Company in lieu of making Additional Shortfall Contributions to the Company, on such terms and conditions as it shall determine from time to time.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Paladin Realty Income Properties Inc)
Loans From Members. The Management Committee may elect, in its discretion, to cause the Members to fund Project Shortfalls and other financial requirements of the Company as loans to the Company Company, subject to the provisions of Sections 1.05(x), (xiv), and (xv), in lieu of making Additional Contributions to the Company, on such terms and conditions as it shall determine from time to time.
Appears in 1 contract
Samples: Operating Agreement (Paladin Realty Income Properties Inc)
