Depository Accounts and Investment of Funds. 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. All withdrawals shall be made, subject to the other terms and restrictions of this Agreement, upon the signature of such person or persons as the President may from time to time designate in writing.
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Samples: Operating Agreement, Operating Agreement (EarthLink Holdings, LLC), Operating Agreement (Windstream Lexcom Wireless, LLC)
Depository Accounts and Investment of Funds. The Managers may open and maintain on behalf of the Company and in its name 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. All withdrawals shall be made, subject to the other terms and restrictions of this Agreement, upon the signature of such person or persons as the President Board of Managers may from time to time designate in writing.
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