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Common use of Company Funds Clause in Contracts

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accounts, or invested in such interest-bearing or non-interest-bearing investments, as shall be designated by the Members Committee. All withdrawals from any such bank accounts shall be made only by the Members Committee or by individuals duly appointed by the Members Committee.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Urs Corp /New/), Limited Liability Company Agreement (Urs Corp /New/), Limited Liability Company Agreement (Urs Corp /New/)

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accounts, or invested in such interest-bearing or non-interest-bearing investments, as shall be designated by the Members CommitteeManager. All withdrawals from any such bank accounts shall be made only by the Members Committee Manager or by individuals duly appointed by the Members CommitteeManager.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (First Union Real Estate Equity & Mortgage Investments), Limited Liability Company Agreement (Prologis Trust), Limited Liability Company Agreement (Prologis Trust)

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accounts, or invested in such interest-bearing or non-interest-bearing investments, as shall be designated by the Members CommitteeMember using normal commercial criteria. All withdrawals from any such bank accounts shall be made only by the Members Committee authorized agent or by individuals duly appointed by agents of the Members CommitteeMember. Company funds shall be separately identifiable from and not commingled with those of any other person.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Quad/Graphics Kingsport LLC), Limited Liability Company Agreement (Quad/Graphics Kingsport LLC)

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accounts, or invested in such interest-bearing or non-interest-bearing investmentsaccounts, as shall be designated by the Members Management Committee. All withdrawals from any such bank accounts shall be made only by the Members Management Committee or by individuals the Administrator or as otherwise duly appointed authorized by the Members Management Committee. Without the prior unanimous consent of the Management Committee, Company funds shall not be commingled with those of any other Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (El Paso Energy Partners Lp)

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accounts, or invested in such interest-bearing or non-interest-interest bearing investments, investments as shall be designated by the Members CommitteeManaging Member(s). All withdrawals from any such bank accounts shall be made only by the Members Committee Managing Member(s) or by individuals agents duly appointed or authorized by the Members CommitteeManaging Member(s). Company funds shall be separately identifiable from and not commingled with those of any other Person.

Appears in 1 contract

Samples: Operating Agreement

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accounts, or invested in such interest-bearing or non-interest-bearing investmentsaccounts, as shall be designated by the Members CommitteeManaging Member. All withdrawals from any such bank accounts shall be made only by Company employees or agents duly authorized by the Members Committee or by individuals duly appointed by the Members CommitteeManaging Member.

Appears in 1 contract

Samples: Joint Development Agreement (Teppco Partners Lp)

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accountsaccounts identified to the Company, or invested in such interest-bearing or non-interest-bearing investmentsinvestments identified to the Company, as shall be designated by the Members CommitteeBoard in its sole discretion. All Alt withdrawals from any such bank accounts shall be made only by the Members Committee Board or by individuals the duly appointed by authorized agent or agents of the Board. Company funds shall not be commingled with those of the Members Committeeor any other Person.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC)

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accounts, or invested in such interest-bearing or non-interest-bearing investments, as shall be designated by the Members CommitteeManagers. All withdrawals from any such bank accounts shall be made only by the Members Committee duly authorized agent or by individuals duly appointed by agents of the Members CommitteeCompany, including the Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Georesources Inc)

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accounts, or invested in such interest-bearing or non-interest-bearing investments, as shall be designated by the Members CommitteeManager. Each Member shall be given notice as to the name and address of each bank or financial institution where the Company maintains such accounts. All withdrawals from any such bank accounts shall be made only by the Members Committee Manager or by individuals duly appointed by the Members CommitteeManager.

Appears in 1 contract

Samples: Limited Liability Company Agreement (JMB 245 Park Avenue Associates LTD)

Company Funds. The funds of the Company shall be deposited in such bank or other financial institution account or accounts, or invested in such interest-bearing or non-interest-bearing investmentsaccounts, as shall be designated by the Members Management Committee. All withdrawals from any such bank accounts shall be made only by Company officers, employees or agents duly authorized by the Members Committee or by individuals duly appointed by the Members Management Committee.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mens Wearhouse Inc)