Member Loans. Any Member may, with the approval of a Majority-In-Interest, loan funds to the Company. The repayment terms and interest rate for such loans shall be approved by a Majority-In-Interest; provided, however, that in no event shall the interest rate on such loans be less than the applicable federal rate as announced by the Internal Revenue Service and in effect on the date the loan is made.
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Samples: Limited Liability Company Agreement (Beazer Homes, LLC), Operating Agreement (Beazer Homes Sales, Inc), Operating Agreement (Beazer Homes Texas Lp)
Member Loans. Any Member Members may, with the approval of a Majority-Inin-Interest, Interest loan funds to the Company. The repayment terms and interest rate for such Member loans shall be those approved by a Majority-In-Interest; provided, however, that in no event shall the interest rate on such loans be less than the applicable federal rate as announced by the Internal Revenue Service and in effect on the date the loan is madeInterest of Members.
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Member Loans. Any Member may, with the approval of a Majority-In-Interest, loan funds to the Company. The repayment terms and interest rate for such Member loans shall be those approved by a Majority-In-Interest; provided, however, that in no event such Member loan shall the bear interest at a rate on such loans be not less than the applicable federal rate as announced by the Internal Revenue Service and as in effect on the date the Member loan is made.
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Samples: Operating Agreement (Jondex Corp)
Member Loans. Any Member Members may, with the approval of a Majority-In-Interest, Interest loan funds to the Company. The repayment terms and interest rate for such Member loans shall be those approved by a Majority-Inin-Interest; provided, however, that in no event shall the interest rate on such loans be less than the applicable federal rate as announced by the Internal Revenue Service and in effect on the date the loan is madeInterest of Members.
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Member Loans. Any Member may, with the approval of a Majority-In-Interest, loan funds to the Company. The repayment terms and interest rate for such loans shall be approved by a Majority-In-Interest; provided, however, that in no event shall the interest rate on on, such loans be less than the applicable federal rate as announced by the Internal Revenue Service and in effect on the date the loan is made.
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Member Loans. Any Member Members may, with the approval of a Majority-Inin-Interest, Interest loan funds to the Company. The repayment terms and interest rate for such Member loans shall be those approved by a Majority-Inin-Interest; provided, however, that in no event shall the interest rate on such loans be less than the applicable federal rate as announced by the Internal Revenue Service and in effect on the date the loan is madeInterest of Members.
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