Common use of Partnership Bank Accounts Clause in Contracts

Partnership Bank Accounts. All funds of the Partnership shall be deposited in its name in an account or accounts maintained at a national or state bank selected by the Executive Committee. Checks shall be drawn upon the Partnership and may be signed by such persons as may be designated from time to time by the Executive Committee.

Partnership Bank Accounts. All funds of the Partnership shall be deposited in its name in an account or accounts maintained at a national or state bank selected by the Executive Committeebank. Checks shall be drawn upon the Partnership and may be signed by such persons as may be designated from time to time by the Executive CommitteeManaging Partner.