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:
Appears in 11 contracts
Samples: LLC Operating Agreement (Ridgewood Energy K Fund LLC), Operating Agreement (Ridgewood Energy M Fund LLC), Limited Liability Company Agreement (Ridgewood Energy S Fund LLC)
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 1 contract
Samples: Operating Agreement Limited Liability Company 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:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ridgewood Energy v Fund LLC)
