Common use of Third Party Loans Clause in Contracts

Third Party Loans. In the event that the Member shall determine, at any time and from time to time, that the Company requires additional funds, the Member shall have the right to cause the Company to borrow additional funds from a third-party lender upon such terms and conditions as the Member may elect.

Appears in 17 contracts

Samples: Operating Agreement (Outfront Media Minnesota LLC), Operating Agreement (Outfront Media Minnesota LLC), Operating Agreement (Outfront Media Minnesota LLC)

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Third Party Loans. In the event that the Member Members shall determine, at any time and from time to time, that the Company requires additional funds, the Member Members shall have the right to cause the Company to borrow additional funds from a third-party lender upon such terms and conditions as the Member may electMembers deem reasonable and appropriate under the circumstances.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Shipyard River Coal Terminal Co), Limited Liability Company Operating Agreement (Shipyard River Coal Terminal Co)

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