Common use of Company Funds Clause in Contracts

Company Funds. Company funds shall be held in the name of the Company and shall not be commingled with those of any other Person. Company funds shall be used only for the business of the Company.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (SEACOR Marine Holdings Inc.), Limited Liability Company Agreement (Luminus Management LLC), Limited Liability Company Agreement (SLM Corp)

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Company Funds. Company funds shall be held in the name of the Company and shall not be commingled with those of any other Person. Company funds shall be used by the Investment Manager only for the business of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Commonwealth Energy Corp), Limited Liability Company Agreement (Commonwealth Energy Corp)

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Company Funds. Company funds shall be held in the name of the Company and shall not be commingled with those of any other Person. Company funds shall be used only for the business of the Company, including contributions to the Project Company for purposes of developing, constructing, owning and operating the Project.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Fulcrum Bioenergy Inc)

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