Member Loan definition
Member Loan is defined in Section. 3.03(b).
Member Loan has the meaning set forth in Section 3.5(a)(i) hereof.
Member Loan shall have the meaning set forth in Section 6.5.
Examples of Member Loan in a sentence
Except in connection with the conversion of a Bridging Equity Loan in accordance with Section 13.4(e) or a Covering Equity Loan pursuant to Section 13.5(c), in no event shall the payment of a Cure Amount hereunder be treated as or deemed to be an Equity Contribution by the Curing Holder for purposes of Article IV or as a Member Loan from a Curing Holder to the Company.
A Member Loan shall not be deemed to constitute an Equity Contribution to the Company but shall be a debt due from the Company.
Member Loans shall be made and repaid on identical terms (other than in respect of the lender thereunder and the principal amount thereof) as of the date such Member Loan is made (relative to the other Member Loans made on such date).
More Definitions of Member Loan
Member Loan shall have the meaning set forth in Section 3.2(b).
Member Loan means a loan made by a Member to the Company pursuant to the provisions of Section 3.6 hereof. 1.70
Member Loan means any loan to the Company by a Member.
Member Loan means a loan made by a member to a Co-operative in terms of clause 62; "patronage
Member Loan means any loan or advance made by (i) a Class B Member to the Company or (ii) the Company to the Project Company, pursuant to Section 4.5 of the Company LLC Agreement.
Member Loan means any loan or advance made by a Class A Member or Class B Member, pursuant to Section 4.3.
Member Loan means a loan made by a member to a co-operative;