Common use of Loans to Partnership Clause in Contracts

Loans to Partnership. At the option of the General Partner, any Partner (including, without limitation, the General Partner) may make loans to the Partnership on terms deemed by the General Partner to be commercially reasonable.

Appears in 3 contracts

Samples: Strategic Timber Trust Inc, Strategic Timber Trust Inc, Liberty Property Limited Partnership

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Loans to Partnership. At the option of the General Partner, any Partner (including, without limitation, the General Partner) may make loans to the Partnership on terms deemed by the General Partner to be commercially reasonablereasonable and at then prevailing market interest rates.

Appears in 2 contracts

Samples: Plan and Agreement (Strategic Timber Trust Inc), Strategic Timber Trust Inc

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