Common use of Bank Accounts and Investment of Funds Clause in Contracts

Bank Accounts and Investment of Funds. All funds of the Company shall be deposited in its name in such checking accounts, savings accounts, time deposits, or certificates of deposit or shall be invested in such other manner, as shall be designated by the Majority Interest from time to time. Withdrawals shall be made upon such signature or signatures as the Majority Interest may designate.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Daimlerchrysler Wholesale Receivables LLC), Operating Agreement (Key Plastics Inc), Operating Agreement (Key Plastics Inc)

AutoNDA by SimpleDocs

Bank Accounts and Investment of Funds. All funds of the Company shall be deposited in its name in such checking accounts, savings accounts, time deposits, deposits or certificates of deposit or shall be invested in such other manner, as shall be designated by the Majority Interest from time to time. Withdrawals shall be made upon such signature or signatures as the Majority Interest may designate.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Honda Titling D Lp), Limited Liability Company Agreement (Ryder Truck Rental I Lp), Limited Liability Company Agreement (Honda Titling D Lp)

Bank Accounts and Investment of Funds. All funds of the Company shall be deposited in its name in such checking accounts, savings accounts, time deposits, or certificates of deposit or shall be invested in such other manner, as shall be designated by the Majority Interest Board of Managers from time to time. Withdrawals shall be made upon such signature or signatures as the Majority Interest Board of Managers may designate.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (DJSP Enterprises, Inc.), Limited Liability Company Agreement (Chardan 2008 China Acquisition Corp.)

Bank Accounts and Investment of Funds. All funds of the Company shall be deposited in its name in such checking accounts, savings accounts, time deposits, deposits or certificates of deposit or shall be invested in such other manner, as shall be designated by the a Majority Interest from time to time. Withdrawals shall be made upon such signature or signatures as the a Majority Interest may designate.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (E-Medsoft Com), Limited Liability Company Agreement (Med Diversified Inc)

AutoNDA by SimpleDocs

Bank Accounts and Investment of Funds. All funds of the Company shall be deposited in its name in such checking accounts, savings accounts, time deposits, or certificates of deposit or shall be invested in such other manner, as shall be designated by the Majority Interest Management Committee from time to time. Withdrawals shall be made upon such signature or signatures as the Majority Interest Management Committee may designate.

Appears in 1 contract

Samples: Operating Agreement (Key Plastics Inc)

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