Common use of Loans to Company Clause in Contracts

Loans to Company. Nothing in this Operating Agreement shall prevent any Member from making secured or unsecured loans to the Company by agreement with the Company; provided, however, that Section 3.05 shall apply with respect to any such loan by the Manager.

Appears in 2 contracts

Samples: Operating Agreement (Unified Western Grocers Inc), Operating Agreement (Unified Western Grocers Inc)

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Loans to Company. Nothing in this Operating Agreement shall prevent any Member from making secured or unsecured loans to the Company or to any Series by agreement with the Company; providedCompany or such Series, however, that Section 3.05 shall apply with respect to any such loan by as the Managercase may be.

Appears in 1 contract

Samples: Separate Series Operating Agreement

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Loans to Company. Nothing in this Operating Agreement shall prevent any Member ---------------- from making secured or unsecured loans to the Company by agreement with the Company; provided, however, that Section 3.05 3.5 shall apply with respect to any such loan by the Managerloan.

Appears in 1 contract

Samples: Employment Agreement (Intercell International Corp)

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