Common use of Company Funds Clause in Contracts

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

Appears in 22 contracts

Samples: Limited Liability Company Agreement (Great Elm Capital Corp.), Limited Liability Company Agreement, Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.)

AutoNDA by SimpleDocs

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardDirectors, in such checking, savings savings, or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardDirectors. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon on the signature or signatures of such Officer or Officers as the Board Directors may designate.

Appears in 5 contracts

Samples: Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (High Sierra Technologies, Inc.), Joint Venture Agreement (Hempacco Co., Inc.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardManaging Member, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardManaging Member. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board Managing Member may designate.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Lendway, Inc.), LLC Operating Agreement, LLC Operating Agreement

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings savings, or other accounts, or held in its name in the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (ATN International, Inc.), Limited Liability Company Agreement (Ternio, LLC), Operating Agreement (Agrify Corp)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardManagers, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardManagers. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board Managers may designate.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CurrencyWorks Inc.), Operating Agreement, Operating Agreement (Atlanticus Holdings Corp)

Company Funds. All funds of the Company shall be deposited in its name, or in such the Company’s name as may be designated by the Board, in such checking, savings money market, or other accounts, account or held in its name in accounts as the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. All Member may from time to time designate; withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the therefrom on such signature or signatures of such Officer or Officers as the Board may designateMember shall determine.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (New Nebraska Book Company, Inc.), Limited Liability Company Agreement (New Nebraska Book Company, Inc.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardMajority Members, in such checking, savings savings, or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardMembers. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon on the signature or signatures of such Officer or Officers as the Board Majority Members may designate.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (iPower Inc.), Limited Liability Company Operating Agreement (iPower Inc.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer officer or Officers officers as the Board may designate.

Appears in 2 contracts

Samples: Operating Agreement (LODE Payments International LLC), Limited Liability Company Agreement (Good Hemp, Inc.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardManager, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardManager. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board Manager may designate.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (BIT ORIGIN LTD), Limited Liability Company Agreement (Global Defense & National Security Holdings LLC)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardManaging Directors, in such checking, savings savings, or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardManaging Directors. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon on the signature or signatures of such Officer or Officers as the Board Managing Directors may designate.

Appears in 1 contract

Samples: Operating Agreement (Hempacco Co., Inc.)

Company Funds. All funds of the Company shall will be deposited in its name, or in such name as may be designated by the BoardCommittee, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall will be designated by the BoardCommittee with the Requisite Approval. The funds of the Company shall will not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall will be made exclusively upon the signature or signatures of such Officer or Officers as the Board Committee may designate.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Faraday Future Intelligent Electric Inc.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardCompany. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Athenex, Inc.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. : All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Longeveron LLC)

AutoNDA by SimpleDocs

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardManagers, in such checking, savings savings, or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardManagers. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits The Managers may utilize a Collections Account Management service or liquidations of such investments by agreement in relation to the Company shall be made exclusively upon the signature or signatures of such Officer or Officers Film as the Board may designatethey deem appropriate.

Appears in 1 contract

Samples: Operating Agreement

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardExecutive Committee, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardExecutive Committee. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board of Managers may designate.

Appears in 1 contract

Samples: Operating Agreement (BBX Capital Florida LLC)

Company Funds. All funds of the Company shall will be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall will be designated by the Board. The funds of the Company shall will not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall will be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NeoGames S.A.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings savings, or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardManager. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board Manager may designate.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Salona Global Medical Device Corp)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardBoard of Managers, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardBoard of Managers. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of a Manager and/or such Officer or Officers as the Board of Managers may designate.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grom Social Enterprises, Inc.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardManagement Committee, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardManagement Committee. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board Management Committee may designate.

Appears in 1 contract

Samples: Joint Venture Agreement (Xeriant, Inc.)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the BoardBoard of Members, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardBoard of Members. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board of Members may designate.. ARTICLE XI

Appears in 1 contract

Samples: Limited Liability Company Agreement (Axiall Corp/De/)

Company Funds. All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the BoardBoard of Directors. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer officer or Officers officers as the Board of Directors may designate.

Appears in 1 contract

Samples: Operating Agreement (Propell Technologies Group, Inc.)

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