Common use of Commingling of Funds Clause in Contracts

Commingling of Funds. No funds received by Unit Operator under this agreement need be segregated or maintained by it as a separate fund, but may be commingled with its own funds.

Appears in 2 contracts

Samples: Unit Operating Agreement (Resaca Exploitation, Inc.), Unit Operating Agreement (Resaca Exploitation, Inc.)

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Commingling of Funds. No funds received by Unit Operator under this agreement need be segregated or maintained by it as a separate fund, fund but may be commingled with its own funds.

Appears in 2 contracts

Samples: Unit Operating Agreement (Pacific Energy Resources LTD), Unit Operating Agreement (Pacific Energy Resources LTD)

Commingling of Funds. No funds received by Unit Operator under this agreement Agreement need be segregated or maintained by it as a separate fund, but may be commingled with its own funds.

Appears in 1 contract

Samples: Operating Agreement (Pacific Energy Resources LTD)

Commingling of Funds. No funds received by Unit Operator or any Sub- Operator under this agreement Agreement need be segregated or maintained by it as a separate fund, but may be commingled with its own funds.

Appears in 1 contract

Samples: Operating Agreement (Pacific Energy Resources LTD)

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Commingling of Funds. No funds Funds received by Unit Operator under this agreement Agreement need not be segregated by Unit Operator or maintained by it as a separate fund, but may be commingled with its own funds, except for any funds received for the PAR Fund which must be segregated in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Unit Operating Agreement (Natural Gas Systems Inc/New)

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