Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account.
Appears in 12 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Agreement (Rayven Properties, LLC), Limited Liability Company Agreement (Nikola Corp)
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 5.03(a)(iii), if applicable.
Appears in 10 contracts
Samples: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s 's Capital Account, other than to the extent provided in Section 5.03(a)(iii), if applicable.
Appears in 5 contracts
Samples: Operating Agreement, Limited Liability Company Agreement (Ternio, LLC), Limited Liability Company Agreement (Good Hemp, Inc.)
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s 's Capital Account, other than to the extent provided in Section 3.03(a)(iii), if applicable.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Tecogen Inc.), Limited Liability Company Agreement (Scio Diamond Technology Corp), Operating Agreement
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 3.03(a)(iii), if applicable.
Appears in 2 contracts
Samples: Operating Agreement (Sugarmade, Inc.), Limited Liability Company Agreement (Athenex, Inc.)
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 6.2(a), if applicable.
Appears in 2 contracts
Samples: Equity Purchase Agreement (Morgans Hotel Group Co.), Master Purchase Agreement (Morgans Hotel Group Co.)
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in the Code or Treasury Regulations, if applicable.
Appears in 1 contract
Samples: Operating Agreement (Agrify Corp)
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in (iii), if applicable.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TWO RIVERS WATER & FARMING Co)
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 5.03(a)(i)(C), if applicable.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ATN International, Inc.)
Treatment of Loans From Members. Member Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 3.03(a)(iii), if applicable.
Appears in 1 contract
Treatment of Loans From Members. Member Loans by any Member to the Company shall not be considered Capital Contributions by such Member and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 5.03(a)(iii), if applicable.
Appears in 1 contract
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital AccountContributions.
Appears in 1 contract
Samples: Subscription Agreement
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s 's Capital Account, other than to the extent provided in Section 4.03(a)(iii), if applicable.
Appears in 1 contract
Treatment of Loans From Members. Loans by any Member to the Company shall LLC are not be considered Capital Contributions and shall do not affect the maintenance of such the Member’s Capital Account.
Appears in 1 contract
Samples: Operating Agreement
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Capital Account, other than to the extent provided in Section 5.03(a)(iii) , if applicable.
Appears in 1 contract
Samples: Operating Agreement (Agrify Corp)
Treatment of Loans From Members. Loans by any Member to the Company shall are not be considered Capital Contributions and shall do not affect the maintenance of such the Member’s Capital Account.
Appears in 1 contract
Samples: Operating Agreement (Efund City Metro Income Fund LLC)
Treatment of Loans From Members. Loans by any Member to the Company shall not be considered Capital Contributions and shall not affect the maintenance of such Member’s Member1s Capital Account, other than to the extent provided in Section 5.04(a)(iii), if applicable.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Longeveron LLC)
