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)
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
Loans to Company. Nothing in this Operating Agreement shall prevent any Member or Assignee from making secured or unsecured loans to the Company by agreement with the Company; provided, however, that subject to the restrictions in Section 3.05 shall apply with respect to any such loan by the Manager5.3 hereof.
Appears in 1 contract
Samples: Operating Agreement (Tb Woods Corp)
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; providedCompany and upon Member Consent, however, that with the terms approved with Member Consent and subject to the limitations set forth in Section 3.05 shall apply with respect to any such loan by the Manager7.2(b) hereof.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (M Wave Inc)