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

Bank Accounts and Investment of Funds. All funds of the Partnership 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 General Partner from time to time. Withdrawals shall be made upon such signature or signatures as the General Partner may designate.

Appears in 3 contracts

Samples: Sun Communities Inc, Agreement (Sun Communities Inc), Limited Partnership Agreement (Sun Communities Inc)

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Bank Accounts and Investment of Funds. All funds of the Partnership 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, manner as shall be designated by the General Partner Partners from time to time. Withdrawals shall be made upon such signature or signatures as the General Partner Partners may designate.

Appears in 2 contracts

Samples: Chateau Communities Inc, Chateau Properties Inc

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

Appears in 1 contract

Samples: Limited Partnership Agreement (Mid America Capital Partners L P)

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