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and in this video were going to talk about some common Clauses that you may see in operating agreements for multi-family Investments and the one that well talk about is a clause called advances by members so first please dont forget to like And subscribe for more content just like this video you might have some legal clause and an operating agreement that reads approximately like this advances by members upon the consent of the manager any additional cash needs of the company may be Advanced by an individual member any such advance shall constitute a loan from each member to the company shall bear interest at the general interest rate from the date of advance until the date of repayment and shall not constitute a capital contribution principal and interest payments for a member Advance will be paid as an expense of the company as soon as the manager in its sole discretion determines sufficient funds are available so in simpler terms this passage states that if the company needs extr