Partnership Funds. The funds of the Partnership shall be deposited in such bank account or accounts identified to the Partnership, or invested in such interest-bearing or non-interest-bearing investments identified to the Partnership, as shall be designated by the Board in its sole discretion. All withdrawals from any such bank accounts shall be made by the Board or the duly authorized agent or agents of the Board. Partnership funds shall not be commingled with those of the Partners or any other Person.
Appears in 12 contracts
Samples: Limited Partnership Agreement (WUS Holding, L.L.C.), Agreement of Limited Partnership (NRG Retail LLC), Agreement of Limited Partnership (NRG Retail LLC)
Partnership Funds. The funds of the Partnership shall be deposited in such bank account or accounts identified to the Partnership, or invested in such interest-bearing or non-interest-bearing investments identified to the Partnership, as shall be designated by the Board in its sole discretionGeneral Partner and shall not be commingled with the funds of the General Partner. All withdrawals from any or charges against such bank accounts shall be made by the Board General Partner or the duly authorized agent or agents of the Board. Partnership funds shall not be commingled with those of the Partners or any other Personby its agents.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Eme Homer City Generation Lp), Limited Partnership Agreement (Eme Homer City Generation Lp), Limited Partnership Agreement (Eme Homer City Generation Lp)
Partnership Funds. The funds of the Partnership shall be deposited in such bank account or accounts identified to the Partnershipaccounts, or invested in such interest-bearing or non-interest-interest- bearing investments identified to the Partnershipinvestments, as shall be designated by the Board in its sole discretionPartnership. All withdrawals from any such bank accounts shall be made by the Board or the duly authorized agent or agents of the BoardPartnership. Partnership funds shall not be commingled with separately identifiable from those of the Partners or any other Personperson or entity.
Appears in 2 contracts
Samples: General Partnership Agreement (Walbro Corp), General Partnership Agreement (Walbro Corp)
Partnership Funds. The funds of the Partnership shall be deposited in such bank account or accounts identified to the Partnershipaccounts, or invested in such interest-bearing or non-interest-bearing investments identified to the Partnershipaccounts, as shall be designated by the Board in its sole discretionGeneral Partner. All withdrawals from any such bank accounts shall be made by the Board General Partner or the duly authorized other agent or agents of duly authorized by the BoardGeneral Partner. Partnership funds shall not be commingled with those of any other person (including the Partners General Partner or any other Personof its Affiliates).
Appears in 2 contracts
Samples: Limited Partnership Agreement (Teppco Partners Lp), Joint Development Agreement (Teppco Partners Lp)
Partnership Funds. The funds of the Partnership shall be deposited in such banks, in such bank account or accounts identified to the Partnershipaccounts, or invested in such interest-bearing or non-interest-bearing investments identified to the Partnershipinvestments, as shall be designated by the Board in its sole discretionGeneral Partner. All withdrawals from any such bank accounts account(s) shall be made by the Board or the duly authorized agent or agents of the BoardGeneral Partner. Partnership funds and shall be held in the name of the Partnership and shall not be commingled with those of the Partners or any other Personperson.
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Partnership Funds. The funds of the Partnership shall be deposited in such bank account or accounts identified to the Partnershipaccounts, or invested in such interest-interest bearing or non-interest-bearing investments identified to the Partnershipinvestments, as shall be designated by the Board in its sole discretionGeneral Partner. All withdrawals from any such bank accounts shall be made by the Board or the duly authorized agent or agents of the BoardGeneral Partner only. Partnership funds shall be held in the name of the General Partner and shall not be commingled with those of the Partners or any other Personperson.
Appears in 1 contract
Samples: Limited Partnership Agreement (CHC Helicopter Corp)
Partnership Funds. The funds of the Partnership shall be deposited in such bank account or accounts identified to the Partnershipaccounts, or invested in such interest-bearing or non-interest-bearing investments identified to the Partnershipinvestments, as shall be designated by the Board Partners may from time to time designate or as a majority in its sole discretioninterest of the Partners may from time to time designate. All withdrawals from any such bank accounts shall be made by the Board or the duly authorized agent or agents of the BoardPartnership. Partnership funds shall be held in the name of the Partnership and shall not be commingled with those of the Partners or any other Personperson.
Appears in 1 contract
Samples: General Partnership Agreement (Discount Auto Parts Inc)
Partnership Funds. The funds of the Partnership shall be deposited in such bank account or accounts identified to the Partnershipaccounts, or invested in such interest-bearing or non-interest-bearing investments identified to the Partnershipinvestments, as shall be designated by the Board in Corporate General Partner. Such funds shall not be commingled with funds of any other real estate limited partnership or other entity, including, without limitation, an entity managed or advised by the Corporate General Partner or its sole discretionAffiliates. All withdrawals from any of such bank accounts shall be made by the Board or the duly authorized agent or agents of the Board. Partnership funds shall not be commingled with those of the Partners or any other PersonCorporate General Partner.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Carlyle Real Estate LTD Partnership Xiv /Il/)
Partnership Funds. The funds of the Partnership shall be deposited in such bank account or accounts identified to the Partnership, or invested in such interest-bearing or non-interest-bearing investments identified to the Partnershippartnership, as shall be designated by the Board in its sole discretion. All withdrawals from any such bank accounts shall be made by the Board or the duly authorized agent or agents of the Board. Partnership funds shall not be commingled with those of the Partners or any other Person.
Appears in 1 contract
Samples: Limited Partnership Agreement (Delta Energy Center, LLC)
Partnership Funds. The funds of the Partnership shall be deposited in such bank account or accounts identified to the Partnershipaccounts, or invested in such interest-bearing or non-interest-bearing investments identified to the Partnershipinvestments, as shall be designated by the Board in Corporate General Partner. Such funds shall not be commingled with funds of any other real estate limited partnership or other entity managed or advised by the Corporate General Partner or its sole discretionAffiliates. All withdrawals from any of such bank accounts shall be made by the Board or the duly authorized agent or agents of the Board. Partnership funds shall not be commingled with those of the Partners or any other PersonCorporate General Partner.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Carlyle Real Estate LTD Partnership Xiii)
Partnership Funds. The funds of the Partnership shall be deposited in such banks, in such bank account or accounts identified to the Partnershipaccounts, or invested in such interest-bearing or non-interest-bearing investments identified to the Partnershipinvestments, as shall be designated by the Board in its sole discretionGeneral Partner. All withdrawals from any such bank accounts account(s) shall be made by the Board or the duly authorized agent or agents of the BoardGeneral Partner. Partnership funds shall be held in the name of the Partnership and shall not be commingled with those of the Partners or any other Personperson.
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