Common use of Partnership Accounts Clause in Contracts

Partnership Accounts. All funds of the Partnership shall be deposited in a separate bank account or accounts and only the General Partner, and such persons as may be designated by the General Partner, may sign checks and draw upon such account or accounts.

Partnership Accounts. All funds of the Partnership shall be deposited in a separate bank account or accounts accounts, and only the General Partner, and such persons as may be designated by the General Partner, may sign checks and draw upon such account or accounts.