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. The Company shall repay any loans prior to making any distribution to a Member.
Appears in 1 contract
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. The Company shall repay any loans prior to making any distribution to a Memberor such Series, as the case may be.
Appears in 1 contract
Samples: Series Limited Liability Company Operating Agreement
Loans to Company. Nothing in this Operating Agreement shall will prevent any the Member from making secured or unsecured loans to the Company by agreement with the Company. The Company shall repay any loans prior to making any distribution to a Member.
Appears in 1 contract
Samples: Operating Agreement
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 Managers on behalf of the Company. The Company shall repay any loans prior to making any distribution to a Member.
Appears in 1 contract
Samples: Operating Agreement (PMR Corp)
