Common use of Temporary Advances Clause in Contracts

Temporary Advances. A Member or its Affiliates, with Board Approval, may make loans (“Temporary Advances”) to temporarily fund obligations for Valid Company Purposes until Capital Contributions are made by the Members as set forth in Section 4.1. Such Temporary Advances plus interest at the Temporary Advance Rate shall be returned from any Capital Contributions by the Members under Section 4.1, with any unreturned Temporary Advances plus interest at the Temporary Advance Rate paid in accordance with Section 6.1.

Temporary Advances. A Member or its AffiliatesMember, with Prior Board Approval, may make loans of cash or other property (“Temporary Advances”) to temporarily fund obligations for Valid the Company Purposes until Capital Contributions are made by the Members as set forth in Section 4.13.1. Such Temporary Advances plus interest at the Temporary Advance Rate shall be returned repaid from any the other Member’s Capital Contributions by the Members under Section 4.13.1, with any unreturned Temporary Advances plus interest at the Temporary Advance Rate paid as set forth in accordance with Section 6.15.1.

Temporary Advances. A Member Subject to Prior Board Approval, one or its more Members or their Affiliates, with Board Approvalin its discretion, may make loans (each, a “Temporary AdvancesAdvance”) to temporarily fund obligations for Valid Company Purposes until Capital Contributions are made by the Members as set forth in Section 4.13.1. Such Temporary Advances plus interest at the Temporary Advance Rate shall be returned from any Capital Contributions by the non-advancing Members under Section 4.13.1, with any unreturned Temporary Advances plus interest at the Temporary Advance Rate paid as set forth in accordance with Section 6.15.1.

Temporary Advances. A Member or its Affiliates, with Prior Board Approval, may make loans (“Temporary Advances”) to temporarily fund obligations for Valid Company Purposes until Capital Contributions are made by the Members as set forth in Section 4.13.1. Such Temporary Advances plus interest at the Temporary Advance Rate shall be returned from any Capital Contributions by the Members under Section 4.13.1, with any unreturned Temporary Advances plus interest at the Temporary Advance Rate paid as set forth in accordance with Section 6.15.1.