Common use of Depository Accounts and Investment of Funds Clause in Contracts

Depository Accounts and Investment of Funds. The Managers or officers designated by the Managers may open and maintain on behalf of the Company one or more depository accounts at such times and in such depositories as it shall determine, in which all monies received by or on behalf of the Company shall be deposited.

Appears in 32 contracts

Samples: Operating Agreement (CSL Capital, LLC), Operating Agreement (CSL Capital, LLC), Operating Agreement (CSL Capital, LLC)

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Depository Accounts and Investment of Funds. The Managers Board of Directors or officers designated by the Managers Board of Directors may open and maintain on behalf of the Company one or more depository accounts at such times and in such depositories as it shall determine, in which all monies received by or on behalf of the Company shall be deposited.

Appears in 1 contract

Samples: Operating Agreement (Windstream Services, LLC)

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