Reimbursement of Expenses of Organization. The Members hereby authorize the Company to pay its expenses of organization and to reimburse any Person advancing funds for that purpose.
Appears in 5 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Kennedy-Wilson Properties (IL)), Limited Liability Company Agreement (Kennedy-Wilson Properties (IL))
Reimbursement of Expenses of Organization. The Members hereby authorize the Company to pay its expenses of organization and to reimburse any Person advancing funds for that purpose. The Members hereby authorize the Company to pay the cost of the Members for time and materials spent on Company administrative matters, including but not limited to this Agreement, prior to execution of this Agreement.
Appears in 1 contract
Samples: Operating Agreement (Agrify Corp)
Reimbursement of Expenses of Organization. The Members hereby shall authorize the Company to pay its expenses of organization and to reimburse any Person person advancing funds for that this purpose. Provided, however, no Member shall be reimbursed for legal fees or expenses incurred in relation to the preparation and negotiation of this Agreement.
Appears in 1 contract
Samples: Operating Agreement (American Shared Hospital Services)