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: Limited Partnership Agreement (Strategic Timber Trust Inc), Limited Partnership Agreement (Liberty Property Limited Partnership), Limited Partnership Agreement (Strategic Timber Trust Inc)

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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: Agreement of Limited Partnership (Strategic Timber Trust Inc), Limited Partnership Agreement (Strategic Timber Trust Inc)

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