Bank Accounts; Investments. Capital Contributions, revenues and any other Company funds shall, as directed by Preferred, be deposited by the Company in trading accounts (whether “regulated” or “unregulated”) established in the name of the Company. As provided by Rule 4.20(c) of the Commodity Futures Trading Commission (the “CFTC”), no other funds shall be deposited into the Company’s trading accounts or commingled with Company investments. Funds deposited in the Company’s trading accounts may be withdrawn only to be invested in furtherance of the Company’s purposes, to pay Company debts or obligations or to be distributed to the Members pursuant to this Agreement.
Appears in 13 contracts
Samples: Organization Agreement, Organization Agreement (Futures Strategic Trust), Organization Agreement (Diversified Futures Trust I)
Bank Accounts; Investments. Capital Contributions, revenues and any other Company funds shall, as directed by Preferred, be deposited by the Company in trading accounts (whether “regulated” or “unregulated”) established in the name of the Company. As provided by Rule 4.20(c) of the Commodity Futures Trading Commission (the “CFTC”), no other funds shall be deposited into the Company’s trading accounts or commingled with Company investments. Funds deposited in the Company’s trading accounts may be withdrawn only to be invested in furtherance of the Company’s purposes, to pay Company debts or obligations or to be distributed to the Members pursuant to this Agreement.
Appears in 8 contracts
Samples: Organization Agreement (World Monitor Trust III - Series H), Organization Agreement (World Monitor Trust III - Series J), Organization Agreement (Futures Strategic Trust)
Bank Accounts; Investments. Capital Contributions, revenues and any other Company funds shall, as directed by Preferredthe Trading Manager, be deposited by the Company in trading accounts (whether “regulated” or “unregulated”) established in the name of the Company. As provided by CFTC Rule 4.20(c) of the Commodity Futures Trading Commission (the “CFTC”), no other funds shall be deposited into the Company’s trading accounts or commingled with Company investments. Funds deposited in the Company’s trading accounts may be withdrawn only to be invested in furtherance of the Company’s purposes, to pay Company debts or obligations or to be distributed to the Members pursuant to this Agreement.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement (BHM Discretionary Futures Fund L.P.), Operating Agreement (Morgan Stanley Managed Futures LV, L.P.)
