Common use of Series Funds Held in Company Bank Accounts Clause in Contracts

Series Funds Held in Company Bank Accounts. Funds of each Series formed under the Company may be deposited with banks or other financial institutions in such account or accounts of the Company as may be determined by the Manager from time to time.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

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Series Funds Held in Company Bank Accounts. Funds of each Series formed under the Company may be deposited with banks or other financial institutions in such account or accounts of the Company as may be determined by the Manager from time to time. There is no requirement that funds of each Series be held in separate bank accounts.

Appears in 1 contract

Samples: Operating Agreement

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Series Funds Held in Company Bank Accounts. Funds of each Series formed under the Company may be deposited with banks or other financial institutions in such account or accounts of the Company or Series as may be determined by the Manager from time to time.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Freeport Holdings Series LLC)

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