LLC Loans definition

LLC Loans shall refer to any loans or advances made by any Member to the LLC at the Member's option, without obligation to so do, to the extent the LLC does not have sufficient resources (assets, borrowings or otherwise) to meet its LLC obligations. Such LLC Loans shall bear interest at the rate agreed to between the Member and the Manager.
Sample 1Sample 2Sample 3
LLC Loans has the meaning set forth in Section 3.1(c).
Sample 1

Examples of LLC Loans in a sentence

  • LLC Loans" shall refer to any loans or advances made by any Member to the LLC at the Member's option, without obligation to so do, to the extent the LLC does not have sufficient resources (assets, borrowings or otherwise) to meet its LLC obligations.

  • Such LLC Loans shall bear interest at the rate agreed to between the Member and the Manager.

  • Pro rata among the Members, in the ratio of the principal loan balances outstanding, until all of the accrued but unpaid interest on all LLC Loans, if any, has been paid, and then the principal amounts thereof.

  • Such LLC Loans shall bear interest at the rate agreed to between the Member and the Managers.

  • To the Member, in the ratio of the principal loan balances outstanding, until all of the accrued but unpaid interest on all LLC Loans, if any, has been paid, and then the principal amounts thereof.

  • LLC Loans" shall refer to any loans or advances made by the Member to the LLC at the Member's option, without obligation to so do, to the extent the LLC does not have sufficient resources (assets, borrowings or otherwise) to meet its LLC obligations.

  • This Certificate represents the right to receive a pro rata undivided beneficial interest in the portion of the Trust Fund consisting of the Default Interest collected on the German American Capital Corporation and Banc One Mortgage Capital Markets, LLC Loans, subject to the obligation to reimburse the Servicer, the Trustee or the Fiscal Agent, as applicable, for interest on Advances.

  • Xxxxxx (Loan @ 1% pm) 7,100.00 Getzwell Mining LLC (Loans for Filing Fees, ect) 400.00 Maxam Gold Corporation (loans) 7,287.74 RFS Mining LLC (Loans) 5,000.00 RGS Services, Inc.

  • The Funding LLC Loans shall be rated at least BBB- and Baa3 by S&P and Xxxxx'x, respectively.

  • Loans Receivable from Saturn Housing, LLC Loans receivable from Saturn Housing, LLC bear interest at prime lending rate plus 1 1/2 percent per annum.

Related to LLC Loans

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a syndicated loan or credit facility.

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Term Loan as defined in Section 2.1.

  • New Revolving Loans as defined in Section 2.25.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.