Common use of Bank Accounts; Investments Clause in Contracts

Bank Accounts; Investments. Contributions to the Company's capital, revenues and any other Company funds shall be deposited by the Managers in a bank account established in the name of the Company, or shall be invested by the Managers in furtherance of the purpose of the Company. No other funds shall be deposited into Company bank accounts or commingled with Company investments. Funds deposited in the Company's bank accounts may be withdrawn only to be invested in furtherance of the Company purpose, to pay Company debts or obligations or to be distributed to the Members pursuant to this Agreement.

Bank Accounts; Investments. Contributions to the Company's capitalCapital Contributions, revenues and any other Company funds shall be deposited by the Managers Company in a bank account established in the name of the Company, or shall be invested by the Managers Company, at the direction of the Manager, in furtherance of the purpose of the CompanyCompany set forth in Section 1.5. No other funds shall be deposited into Company bank accounts or commingled with Company investments. Funds deposited in the Company's ’s bank accounts may be withdrawn only to be invested in furtherance of the Company purposeCompany’s purposes, to pay Company debts or obligations or to be distributed to the Members pursuant to this Agreement.

Bank Accounts; Investments. Contributions to the Company's capital, revenues and any other Company funds shall be deposited by the Managers in a bank account established in the name of the Company, or shall be invested by the Managers in furtherance of the purpose of the Company. No other funds shall be deposited into Company bank accounts or commingled with Company investments. Funds deposited in the Company's bank accounts may be withdrawn only to be invested in furtherance of the Company purpose, to pay Company debts or obligations or to be distributed to the Members Member pursuant to this Operating Agreement.