Common use of Bank Accounts A Clause in Contracts

Bank Accounts A. The General Partners shall have fiduciary responsibility for the safekeeping and use of an funds and assets of the Fund, whether or not in their immediate possession or control. The General Partners shall not employ, or permit any other Person to employ, such funds in any manner except for the benefit of the Fund. B. The bank accounts of the Fund shall be maintained in such banking institutions as the General Partners shall determine, and withdrawals shall be made only in the regular course of Fund business on the signature of a General Partner or such other signature or signatures as the General Partners may determine. All deposits and other funds may be deposited in interest bearing or non-interest bearing accounts guaranteed by federal authorities, invested in short-term United States Government or municipal obligations, or deposited with a banking institution selected by the General Partners.

Bank Accounts A. The General Partners Partner shall have fiduciary responsibility for the safekeeping and use of an all funds and assets of the FundPartnership, whether or not in their immediate possession or control. The General Partners Partner shall not employ, or permit any other Person to employ, such funds in any manner except for the benefit of the FundPartnership. B. The bank accounts of the Fund Partnership shall be maintained in such banking institutions as the General Partners Partner shall determine, and withdrawals shall be made only in the regular course of Fund Partnership business on the signature of a the General Partner or such other signature or signatures as the General Partners Partner may determine. All deposits and other funds may be deposited in interest bearing or non-interest bearing accounts guaranteed by federal authorities, invested in short-term United States Government or municipal obligations, or deposited with a banking institution selected by the General PartnersPartner.

Bank Accounts A. The General Partners shall have fiduciary responsibility for the safekeeping and use of an all funds and assets of the FundPartnership, whether or not in their immediate possession or control. The General Partners shall not employ, or permit any other Person to employ, such funds in any manner except for the benefit of the FundPartnership. B. The bank accounts of the Fund Partnership shall be maintained in such banking institutions as the General Partners shall determine, and withdrawals shall be made only in the regular course of Fund Partnership business on the signature of a General Partner or such other signature or signatures as the General Partners may determine. All deposits and other funds may be deposited in interest bearing or non-interest bearing accounts guaranteed by federal authorities, invested in short-term United States Government or municipal obligations, or deposited with a banking institution selected by the General Partners.