Common use of Treasurer and Assistant Treasurer Clause in Contracts

Treasurer and Assistant Treasurer. The Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Member or the Board. The Treasurer shall perform such other duties as may from time to time be prescribed by the Board of Directors, the Chairman of the Board, or the President. The Assistant Treasurer, or if there is more than one, the Assistant Treasurers in the order determined by the Board (or if there is no such determination, then in the order of their election), shall, in the absence of the Treasurer or in the event of the Treasurer’s inability to act, perform the duties and exercise the powers of the Treasurer and shall perform such other duties and have such other powers as the Board may from time to time prescribe.

Treasurer and Assistant Treasurer. The Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Member or the BoardMember. The Treasurer shall perform such other duties disburse the funds of the Company as may from time to time be prescribed ordered by the Board Member, taking proper vouchers for such disbursements, and shall render to the President an account of Directors, the Chairman all of the Board, or Treasurer's transactions and of the Presidentfinancial condition of the Company. The Assistant Treasurer, or if there is shall be more than one, any one of the Assistant Treasurers in the order determined by the Board (or if there is no such determination, then in the order of their election), shall, in the absence of the Treasurer or in the event of the Treasurer’s 's inability to act, perform the duties and exercise the powers of the Treasurer and shall perform such other duties and have such other powers as the Board Member may from time to time prescribe.