Common use of Operating Restrictions Clause in Contracts

Operating Restrictions. (a) All Property in the form of cash not otherwise invested shall be deposited in one or more accounts maintained in such financial institutions as the General Partners shall determine or shall be invested in short-term liquid securities or shall be left in escrow and withdrawals shall be made only in the regular course of Partnership business on such signature or signatures as the General Partners may determine from time to time.

Appears in 2 contracts

Samples: OHI Asset (CT) Lender, LLC, OHI Asset (CT) Lender, LLC

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Operating Restrictions. (a) 6.8.1 All Property in the form of cash not otherwise invested shall be deposited in one or more accounts maintained in such financial institutions as the General Partners Partner shall determine or shall be invested in short-term liquid securities or shall be left in escrow and withdrawals shall be made only in the regular course of Partnership business on such signature or signatures as the General Partners Partner may determine from time to time.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Physician Sales & Service, Inc.), Limited Partnership Agreement (PSS Holding Inc)

Operating Restrictions. (a) 11.8.1. All Property in the form of cash not otherwise invested shall be deposited in one or more accounts maintained in such financial institutions as the General Partners Partner shall determine or shall be invested in short-term liquid securities or shall be left in escrow and withdrawals shall be made only in the regular course of Partnership business on such signature or signatures as the General Partners Partner may determine from time to time.

Appears in 1 contract

Samples: Limited Partnership Agreement (2420 Lakemont Avenue MM, LLC)

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Operating Restrictions. (a) All Property in the form of cash not otherwise invested shall be deposited in one or more accounts maintained in such financial institutions as the General Partners Partner shall determine or shall be invested in short-term liquid securities or shall be left in escrow and withdrawals shall be made only in the regular course of Partnership business on such signature or signatures as the General Partners Partner may determine from time to time.

Appears in 1 contract

Samples: Agreement (Kansas City Southern Industries Inc)

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