Investment of Company Funds. All funds received by the Company may be temporarily invested by the Board of Managers in United States treasury bills and notes with maturities of twelve (12) months or less, institutional money market funds, and demand or time deposits and certificates of deposit with commercial banks organized under the laws of the
Appears in 1 contract
Investment of Company Funds. All funds received by the Company may be temporarily invested by the Board of Managers Manager in United States treasury bills and notes with maturities of twelve (12) 12 months or less, institutional money market funds, and demand or time deposits and certificates of deposit with commercial banks organized under the laws of thethe United States, or any State thereof, having primary capital of not less than $500,000,000.
Appears in 1 contract
Samples: Members Agreement (Ebs Building LLC)
Investment of Company Funds. All funds received by the --------------------------- Company may be temporarily invested by the Board of Managers Manager in United States treasury bills and notes with maturities of twelve (12) 12 months or less, institutional money market funds, and demand or time deposits and certificates of deposit with commercial banks organized under the laws of thethe United States, or any State thereof, having primary capital of not less than $500,000,000.
Appears in 1 contract
Investment of Company Funds. All funds received by the Company --------------------------- may be temporarily invested by the Board of Managers Manager in United States treasury bills and notes with maturities of twelve (12) 12 months or less, institutional money market funds, and demand or time deposits and certificates of deposit with commercial banks organized under the laws of thethe United States, or any State thereof, having primary capital of not less than $500,000,000.
Appears in 1 contract
Samples: Members Agreement (Ebs Pension LLC)