Partner Loans. Upon the approval of a Majority in Interest of the Partners, any Partner may make loans (“Partner Loans”) to the Partnership, which shall bear interest and be repaid on such reasonable terms and conditions as may be approved by a Majority in Interest of the Partners. No Partner shall be required to make a Partner Loan unless such Partner has agreed in writing to make a Partner Loan.
Appears in 9 contracts
Samples: Partnership Agreement (Environtech Inc.), Partnership Agreement (Environtech Inc.), Partnership Agreement (Environtech Inc.)
Partner Loans. Upon the approval of a Majority in Interest of the Partners, any Partner may make loans (““ Partner Loans”) to the Partnership, which shall bear interest and be repaid on such reasonable terms and conditions as may be approved by a Majority in Interest of the Partners. No Partner shall be required to make a Partner Loan unless such Partner has agreed in writing to make a Partner Loan.
Appears in 5 contracts
Samples: Partnership Agreement (Environtech Inc.), Partnership Agreement (Environtech Inc.), Partnership Agreement (Environtech Inc.)
Partner Loans. Upon the approval of a Majority in Interest of the Partners, any Partner may make loans (“Partner Loans”) to the Partnership, which shall bear interest and be repaid on such reasonable terms and conditions as may be approved by a Majority in Interest of the Partners. , No Partner shall be required to make a Partner Loan unless such Partner has agreed in writing to make a Partner Loan.
Appears in 1 contract
