Common use of Checks and Drafts Clause in Contracts

Checks and Drafts. All checks, drafts or other orders for the payment of money, notes or other evidences of indebtedness issued in the name of the Fund shall be signed by such officer or agent of the Fund in such manner as shall from time to time be determined by the Board of Directors.

Appears in 3 contracts

Sources: Amended and Restated Bylaws (Adams Diversified Equity Fund, Inc.), Amended and Restated Bylaws (Adams Natural Resources Fund, Inc.), Amended and Restated Bylaws (Adams Natural Resources Fund, Inc.)