Common use of Sureties and Bonds Clause in Contracts

Sureties and Bonds. The Managers may require any officer or agent of the Company to execute in favor of the Company a bond, in such sum and with such surety or sureties as the Managers may direct, conditioned upon the faithful performance of his duties to the Company and including responsibility for negligence and for the accounting for all property, funds or securities of the Company which may come into his hands.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC), Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC), Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC)

AutoNDA by SimpleDocs

Sureties and Bonds. The Managers may require any officer or agent ------------------ of the Company to execute in favor of the Company a bond, in such sum and with such surety or sureties as the Managers may direct, conditioned upon the faithful performance of his duties to the Company and including responsibility for negligence and for the accounting for all property, funds or securities of the Company which may come into his hands.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Aor Holding Co of Indiana Inc)

AutoNDA by SimpleDocs

Sureties and Bonds. The Managers may require any officer or agent of the Company to execute in favor of the Company company a bond, in such sum and with such surety or sureties as the Managers may direct, conditioned upon the faithful performance of his duties to the Company and including responsibility for negligence and for the accounting for all property, funds or securities of the Company company which may come into his hands.

Appears in 1 contract

Samples: Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.