Partnership Funds. The funds of the Partnership shall be deposited in such account or accounts as shall be designated by the General Partner and all withdrawals against such accounts shall be made only by one of the General Partner or by his or its properly delegated agents.
Appears in 3 contracts
Samples: Agreement of Limited Partnership (Carey Diversified Properties LLC), Agreement of Limited Partnership (Carey Diversified Properties LLC), Agreement of Limited Partnership (Carey Diversified Properties LLC)
Partnership Funds. The funds of the Partnership shall be deposited in such account or accounts as shall be designated by the General Partner and all withdrawals against such accounts shall be made only by one of the General Partner or by his or its properly delegated agents.
Appears in 3 contracts
Samples: Agreement of Limited Partnership (Carey Diversified Properties LLC), Agreement of Limited Partnership (Carey Diversified Properties LLC), Agreement of Limited Partnership (Carey Diversified Properties LLC)
Partnership Funds. The funds of the Partnership shall be deposited in such account or accounts as shall be designated by the General Partner and all withdrawals against such accounts shall be made only by one of the General Partner or by his or its properly delegated agents.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Carey Diversified Properties LLC), Limited Partnership Agreement (Carey Diversified Properties LLC), Agreement of Limited Partnership (Carey Diversified Properties LLC)
Partnership Funds. The funds of the Partnership shall be deposited in such interest-bearing Partnership account or Partnership accounts as shall be are designated by the General Partner and all Partners, acting jointly. All withdrawals from or charges against such accounts shall be made only by one the General Partners or by their representatives, acting jointly. Funds of the Partnership may be invested as determined by the General Partner or by his or its properly delegated agentsPartners, acting jointly, in accordance with the terms and provisions of this Agreement.
Appears in 2 contracts
Samples: Distribution and Contribution Agreement (Interstate Hotels & Resorts Inc), Distribution and Contribution Agreement (Interstate Hotels & Resorts Inc)
Partnership Funds. The funds of the Partnership shall be deposited in such account or accounts as shall be are designated by the General Partner and all shall not be commingled with the funds of the General Partner or any of its Affiliates. All withdrawals from or charges against such accounts shall be made only by one of the General Partner or by his or its properly delegated agents. Funds of the Partnership may be invested as determined by the General Partner, in its sole and conclusive discretion, except in connection with acts otherwise prohibited by this Agreement.
Appears in 1 contract
Samples: Limited Partnership Agreement (Board of Trade of the City of Chicago Inc)
