Common use of Interim Assets Clause in Contracts

Interim Assets. To the extent the Fund's liquid capital is not otherwise committed to transactions or required for other purposes, the Fund may invest such liquid capital in any manner it deems prudent, including, but not limited to, the following: (a) Obligations of banks or savings and loan associations that are insured in their entirety by agencies of the United States government; (b) Obligations of or guaranteed by the United States government or its agencies; and (c) Money market or other short-term obligations or financial instruments (having a maturity of one year or less).

Appears in 10 contracts

Samples: LLC Operating Agreement (Ridgewood Energy L Fund LLC), LLC Operating Agreement (Ridgewood Energy L Fund LLC), LLC Operating Agreement (Ridgewood Enengy K Fund LLC)

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Interim Assets. To the extent the Fund's liquid capital is not otherwise committed to transactions or required for other purposes, the Fund may invest such liquid capital in any manner it deems prudent, including, but not limited to, the following: : (a) Obligations of banks or savings and loan associations that are insured in their entirety by agencies of the United States government; ; (b) Obligations of or guaranteed by the United States government or its agencies; and and (c) Money market or other short-term obligations or financial instruments (having a maturity of one year or less).

Appears in 1 contract

Samples: LLC Operating Agreement (Ridgewood Energy P Fund LLC)

Interim Assets. To the extent the Fund's ’s liquid capital is not otherwise committed to transactions or required for other purposes, the Fund may invest such liquid capital in any manner it deems prudent, including, but not limited to, the following: (a) Obligations of banks or savings and loan associations that are insured in their entirety by agencies of the United States government; (b) Obligations of or guaranteed by the United States government or its agencies; and (c) Money market or other short-term obligations or financial instruments (having a maturity of one year or less).

Appears in 1 contract

Samples: LLC Operating Agreement (Ridgewood Energy v Fund LLC)

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Interim Assets. To the extent the Fund's liquid capital is not otherwise committed to transactions or required for other purposes, the Fund may invest such liquid capital in any manner it deems prudent, including, but not limited to, the following: (a) Obligations of banks or savings and loan associations that are insured in their entirety by agencies of the United States government; ; (b) Obligations of or guaranteed by the United States government or its agencies; and and (c) Money market or other short-term obligations or financial instruments (having a maturity of one year or less).

Appears in 1 contract

Samples: LLC Operating Agreement (Ridgewood Energy Q Fund LLC)

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