Common use of Loans From Unitholders Clause in Contracts

Loans From Unitholders. Loans by Unitholders to the Company shall not be considered Capital Contributions. If any Unitholder shall loan funds to the Company in excess of the amounts required hereunder to be contributed by such Unitholder to the capital of the Company, the making of such loans shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans shall be a debt of the Company to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are made.

Appears in 16 contracts

Samples: Limited Liability Company Agreement (Vivid Seats Inc.), Limited Liability Company Agreement (Chicago Pacific Founders UGP, LLC), Limited Liability Company Agreement (Real Good Food Company, Inc.)

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Loans From Unitholders. Loans by Unitholders to the Company shall not be considered Capital Contributions. If any Unitholder shall loan funds to the Company in excess of the amounts required hereunder to be contributed by such Unitholder to the capital of the Company, then the making of such loans shall not result in any increase in the amount of the Capital Account balance of such Unitholder. The amount of any such loans shall be a debt of the Company to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are made.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.), Limited Liability Company Agreement (Jones Energy, Inc.), Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.)

Loans From Unitholders. Loans by Unitholders to the Company LLC shall not be considered Capital Contributions. If any Unitholder shall loan funds to the Company in excess of the amounts required hereunder to be contributed by such Unitholder to the capital of the CompanyLLC, the making of such loans shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans shall be a debt of the Company LLC to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are made.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Triad Financial Sm LLC), Limited Liability Company Agreement (Solera Holdings LLC), Limited Liability Company Agreement (Triad Financial Corp)

Loans From Unitholders. Loans by Unitholders to the Company shall not be considered Capital Contributions. If any Unitholder shall loan funds to the Company in excess of the amounts required hereunder to be contributed by such Unitholder to the capital of the Company, the making of such loans shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans shall be a debt of the Company to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are made.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Pinnacle Financial Partners Inc), Limited Liability Company Agreement (Cable One, Inc.), Limited Liability Company Agreement (Pinnacle Financial Partners Inc)

Loans From Unitholders. Loans by Unitholders to the Company shall not be considered Capital Contributions. If (with the consent of the Board) any Unitholder shall loan loans funds to the Company in excess of the amounts required hereunder to be contributed by such Unitholder to the capital of the Company, then the making of such loans loan shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans loan shall be a debt of the Company to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are loan is made.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement

Loans From Unitholders. Loans by Unitholders to the Company shall not be considered Capital Contributions. If any Unitholder shall loan funds to the Company in excess of the amounts required hereunder under this Agreement to be contributed by such Unitholder to the capital of the Company, the making of such loans shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans shall be a debt of the Company to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are made.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Bitcoin Depot Inc.), Limited Liability Company Agreement (GSR II Meteora Acquisition Corp.), Limited Liability Company Agreement (GSR II Meteora Acquisition Corp.)

Loans From Unitholders. Loans by Unitholders to the Company shall not be considered Capital Contributions. If (with the consent of the Manager) any Unitholder shall loan loans funds to the Company in excess of the amounts required hereunder to be contributed by such Unitholder to the capital of the Company, then the making of such loans loan shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans loan shall be a debt of the Company to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are loan is made.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.), Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.)

Loans From Unitholders. Loans by Unitholders to the Company shall not be considered Capital Contributions. If (with the consent of the Board) any Unitholder shall loan loans funds to the Company in excess of the amounts required hereunder to be contributed by such Unitholder to the capital of the Company, the making of such loans loan shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans loan shall be a debt of the Company to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are loan is made.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement (loanDepot, Inc.)

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Loans From Unitholders. Loans by Unitholders Unitholder loans to the Company shall will not be considered Capital Contributions. If any a Unitholder shall loan loans funds to the Company in excess of the capital contribution amounts required hereunder to be contributed by from such Unitholder to under this Agreement, then the capital of the Company, the making lending of such loans shall funds will not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any Any such loans shall loan will be a debt of the Company to such Unitholder and shall be the lending Unitholder, payable or collectible in accordance with the terms and conditions upon which such loans are the loan was made.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ardent Health Partners, LLC), Limited Liability Company Agreement (Ardent Health Partners, LLC)

Loans From Unitholders. Loans by Unitholders to the Company shall not be considered Capital Contributions. If any Unitholder shall loan funds to the Company in excess of the amounts required hereunder to be contributed by such Unitholder to the capital of the Company, the making of such loans shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans shall be a debt of the Company to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are made.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Project Angel Parent, LLC)

Loans From Unitholders. Loans by Unitholders to the Company shall will not be considered Capital Contributions. If any a Unitholder shall loan loans funds to the Company in excess of the Capital Contribution amounts required hereunder to be contributed by from such Unitholder to under this Agreement, then the capital of the Company, the making lending of such loans shall funds will not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any Any such loans shall loan will be a debt of the Company to such Unitholder and shall be the lending Unitholder, payable or collectible in accordance with the terms and conditions upon which such loans are the loan was made.

Appears in 1 contract

Samples: Limited Liability Company Agreement (B. Riley Financial, Inc.)

Loans From Unitholders. Loans by Unitholders to the Company Holdings LLC shall not be considered Capital Contributions. If any Unitholder shall loan funds to the Company Holdings LLC in excess of the amounts required hereunder or pursuant to any Equity Agreement to be contributed by such Unitholder to the capital of the CompanyHoldings LLC, the making of such loans shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans shall be a debt of the Company Holdings LLC to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are made.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pathology Solutions, LLC)

Loans From Unitholders. Loans by Unitholders to the Company LLC shall not be considered Capital Contributions. If any Unitholder shall loan funds to the Company LLC in excess of the amounts required hereunder to be contributed by such Unitholder to the capital of the CompanyLLC, the making of such loans shall not result in any increase in the amount of the Capital Account of such Unitholder. The amount of any such loans shall be a debt of the Company LLC to such Unitholder and shall be payable or collectible in accordance with the terms and conditions upon which such loans are made.. ARTICLE IV

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lecg Corp)

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