Common use of Banking Clause in Contracts

Banking. All funds of the Company shall be deposited in the name of the Company in such checking, money market, cash management or other types of depository or investment accounts maintained by financial institutions including, but not limited to, savings banks, investment banks, brokerage houses or money managers, as may be designated by the Manager. All withdrawals from such accounts shall be signed by such person(s) as are authorized by the Manager in banking resolutions executed by the Manager with respect to any such account.

Appears in 32 contracts

Samples: Limited Liability Company Agreement (Winder HMA, LLC), Operating Agreement (Winder HMA, LLC), Operating Agreement (Winder HMA, LLC)

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Banking. All funds of the Company shall be deposited in the name of the Company in such checking, money market, cash management bank account or other types of depository or investment accounts maintained by financial institutions including, but not limited to, savings banks, investment banks, brokerage houses or money managers, as may shall be designated determined by the ManagerManagers. All withdrawals from No other funds shall be deposited in such accounts. The funds in such accounts shall be used solely for the business of the Company. All withdrawals therefrom shall be made on checks or drafts signed on behalf of the Company by such person(s) person or persons as are authorized by the Manager in banking resolutions executed by the Manager with respect to any such accountManagers shall designate.

Appears in 6 contracts

Samples: Operating Agreement (Opening Night Enterprises, LLC), Operating Agreement (Opening Night Enterprises, LLC), Operating Agreement (Opening Night Enterprises, LLC)

Banking. All funds of the Company shall be deposited in the name of the Company Company's name, in such checking, money market, cash management account or accounts with banks or other types of depository or investment accounts maintained by financial institutions including, but not limited to, savings banks, investment banks, brokerage houses or money managers, as may be designated selected by the Manager. All withdrawals Withdrawals of funds from such Company accounts shall be signed by made on such person(s) signature or signatures as are authorized by the Manager in banking resolutions executed by the Manager with respect Managers may approve from time to any such accounttime.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Banking. All funds of the Company shall be deposited in the name of the Company in such checking, money market, cash management or other types of depository or investment accounts maintained by financial institutions including, but not limited to, savings banks, investment banks, brokerage houses or money managers, as may be designated by the ManagerSole Member. All withdrawals from such accounts shall be signed by such person(s) as are authorized by the Manager Sole Member in banking resolutions executed by the Manager Sole Member with respect to any such account.

Appears in 4 contracts

Samples: Operating Agreement (Winder HMA, LLC), Limited Liability Company Agreement (Winder HMA, LLC), Operating Agreement (Winder HMA, LLC)

Banking. All funds of the Company shall be deposited in its name in an account or accounts of a financial institution as shall be designated from time to time by the name Board of Managers. All funds of the Company in such checking, money market, cash management or other types shall be used solely for the business and affairs of depository or investment accounts maintained by financial institutions including, but not limited to, savings banks, investment banks, brokerage houses or money managers, as may be designated by the ManagerCompany. All withdrawals from such the Company bank accounts shall be made only upon checks or other instructions signed by the Board of Managers or by such person(s) other persons as are authorized by the Manager in banking resolutions executed by the Manager with respect Board of Managers may designate from time to any such accounttime.

Appears in 3 contracts

Samples: Operating Agreement (American Artists Entertainment Corp), American Artists Entertainment Corp, American Artists Entertainment Corp

Banking. All funds of the Company shall be deposited in the name of the Company in such checking, money market, cash management or other types of depository or investment accounts maintained by financial institutions including, but not limited to, savings banks, investment banks, brokerage houses or money managers, as may be designated by the ManagerManager or officers of the Company. All withdrawals from such accounts shall be signed by such person(s) as are authorized by the Manager in banking resolutions executed by the Manager with respect to any such account.

Appears in 3 contracts

Samples: Operating Agreement (Winder HMA, LLC), Operating Agreement (Winder HMA, LLC), Operating Agreement (Winder HMA, LLC)

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Banking. All funds of the Company shall be deposited in the name of the Company in such checking, money market, cash management or other types of depository or investment accounts maintained by financial institutions including, but not limited to, savings banks, investment banks, brokerage houses or money managers, as may be designated by the ManagerManager or the Member. All withdrawals from such accounts shall be signed by such person(s) as are authorized by the Manager or the Member in banking resolutions executed by the Manager Member with respect to any such account.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Winder HMA, LLC), Operating Agreement (Winder HMA, LLC)

Banking. All funds of the Company shall be deposited in the name of the Company in such checking, money market, cash management or other types of depository or investment accounts maintained by financial institutions including, but not limited to, savings banks, investment banks, brokerage houses or money managers, as may be designated by the Manager. All withdrawals from such accounts shall be signed by such person(s) as are authorized by the Manager in banking resolutions executed by the Manager with respect to any such account.,

Appears in 1 contract

Samples: Operating Agreement (Winder HMA, LLC)

Banking. All funds of the Company shall be deposited in the name of the Company in such checking, money market, cash management or other types of depository or investment accounts maintained by financial institutions including, but not limited to, savings banks, investment banks, brokerage houses or money managers, as may be designated by the ManagerManager or the Sole Member. All withdrawals from such accounts shall be signed by such person(s) as are authorized by the Manager or the Sole Member in banking resolutions executed by the Manager Sole Member with respect to any such account.

Appears in 1 contract

Samples: Operating Agreement (Winder HMA, LLC)

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