Common use of Bank Accounts; Signature Authority Clause in Contracts

Bank Accounts; Signature Authority. Funds of the Company shall be deposited in an account or accounts of any banks(s) or other financial institution(s) that are participants in federal insurance programs selected by the Manager. The Manager shall arrange for the appropriate conduct of such accounts. The Manager or such person(s) or individual(s) designated by Manager shall have authority to sign checks and other documents on behalf of the Company, subject to the Management and Approval provisions of Article VI of the Agreement.

Appears in 8 contracts

Samples: Operating Agreement (ReFinance America, LTD), Operating Agreement (ReFinance America, LTD), Operating Agreement (ReFinance America, LTD)

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Bank Accounts; Signature Authority. Funds of the Company shall be deposited in an account or accounts of any banks(scredit union(s), bank(s) or other financial institution(s) that which are participants in federal insurance programs selected by the ManagerBoard. The Manager Board shall arrange for the appropriate conduct of such accounts. The Manager or such person(s) or individual(s) designated by Manager Except as otherwise expressly provided in this Agreement, the CEO/President and Treasurer shall have the sole authority to sign checks and other documents on behalf of the Company, subject to the Management and Approval provisions of Article VI approval requirements of the Board as set forth more fully in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company

Bank Accounts; Signature Authority. Funds of the Company shall be deposited in an account or accounts of any banks(sbank (s) or other financial institution(s) that are participants in federal insurance programs selected by the Manager. The Manager shall arrange for the appropriate conduct of such accounts. The Manager or such person(s) or individual(s) designated by Manager shall have authority to sign checks and other documents on behalf of the Company, subject to the Management and Approval provisions of Article VI of the Agreement.

Appears in 1 contract

Samples: Operating Agreement (ReFinance America, LTD)

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Bank Accounts; Signature Authority. Funds of the Company LLC shall be deposited in an account or accounts of any banks(sbank(s) or other financial institution(s) that institutions which are participants in federal insurance programs selected by the Manager. The Manager shall arrange for the appropriate conduct of such accounts. The Manager or such person(s) or individual(s) designated by Manager shall have authority to sign checks and other documents on behalf of the Company, subject to the Management and Approval provisions of Article VI of the Agreement.

Appears in 1 contract

Samples: Limited Liability (Globaltech Holdings Inc)

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