Member Loans. The Member may make loans (“Member Loans”) to the Company, which shall bear interest and be repaid on such reasonable terms and conditions as may be approved by the Member.
Appears in 62 contracts
Samples: Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.)
Member Loans. The Member may make loans (“Member Loans”) to the Company, which shall bear interest and be repaid on such reasonable terms and conditions as the Member may determine. The Member shall not be approved by required to make a Member Loan unless the MemberMember has agreed to make such Member Loan.
Appears in 28 contracts
Samples: Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.)
Member Loans. The Member may make loans (“Member Loans”) to the Company, which shall bear interest and be repaid on such reasonable terms and conditions as may be approved determined by the Member. The Member shall not be required to make a Member Loan unless the Member has agreed to make such Member Loan.
Appears in 18 contracts
Samples: Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.), Admission of Substituted Member (Environtech Inc.)
Member Loans. The Any Member may make loans (“a Member Loans”) Loan to the Company, which Company only with the approval of the Members. Member Loans shall bear interest and be repaid on such reasonable terms and conditions as may in advance of amounts distributable to Members pursuant to Section 4.01, but shall be approved by the Membersubordinated to payments of third party debt.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Generation Income Properties, Inc.), Limited Liability Company Agreement (Generation Income Properties, Inc.), Limited Liability Company Agreement (Generation Income Properties, Inc.)
Member Loans. The Member Member, in its sole discretion, may make loans (“Member Loans”) to the Company, which shall bear interest and be repaid on such reasonable terms and conditions as may be approved by the Member.
Appears in 6 contracts
Samples: Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.)
Member Loans. The Upon the approval of the Members, any Member may make loans (“Member Loans”) to the Company, which shall bear interest and be repaid on such reasonable terms and conditions as may be approved by the MemberMembers. No Member shall be required to make a Member Loan unless such Member has agreed to make such Member Loan.
Appears in 5 contracts
Samples: Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.)
Member Loans. The Member Member, in its sole and absolute discretion, may make loans (“Member Loans”) to the Company, which shall bear interest and be repaid on such reasonable terms and conditions as may be approved by the Member.
Appears in 1 contract