Common use of TITLE TO PROPERTY AND BANK ACCOUNTS Clause in Contracts

TITLE TO PROPERTY AND BANK ACCOUNTS. The Company's property shall be held in the name of the Company. The funds of the Company shall be deposited in the name of the Company in bank or brokerage accounts designated by the Board of Managers and withdrawals therefrom shall be made upon the signature of the Officers of the Company.

Appears in 22 contracts

Samples: Limited Liability Company Agreement (Alpha Terminal Company, LLC), Limited Liability Company Agreement (Alpha Terminal Company, LLC), Limited Liability Company Agreement (Alpha Terminal Company, LLC)

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TITLE TO PROPERTY AND BANK ACCOUNTS. The Company's property shall be held in the name of the Company. The funds of the Company shall be deposited in the name of the Company in bank or brokerage accounts designated by the President or the Board of Managers Directors and withdrawals therefrom from such accounts shall be made upon the signature of the Officers President or persons approved by the Board of the CompanyDirectors.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Alpha Terminal Company, LLC)

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TITLE TO PROPERTY AND BANK ACCOUNTS. The Company's property shall be held in the name of the Company. The funds of the Company shall be deposited in the name of the Company in bank or brokerage accounts designated by the Board of Managers and withdrawals therefrom shall be made upon the signature of the Officers of the CompanyGeneral Manager.

Appears in 1 contract

Samples: Operating Agreement

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