Common use of Partnership Funds Clause in Contracts

Partnership Funds. The funds of the Partnership shall be deposited in such account or accounts as shall be designated by the General Partner and all withdrawals against such accounts shall be made only by the General Partner or by its properly delegated agents.

Appears in 3 contracts

Samples: Agreement (Carey Diversified Properties LLC), Carey Diversified Properties LLC, Carey Diversified Properties LLC

AutoNDA by SimpleDocs

Partnership Funds. The funds of the Partnership shall be deposited in such account or accounts as shall be designated by the General Partner and all withdrawals against such accounts shall be made only by one of the General Partner or by his or its properly delegated agents.

Appears in 3 contracts

Samples: Carey Diversified Properties LLC, Carey Diversified Properties LLC, Carey Diversified Properties LLC

Partnership Funds. The funds of the Partnership shall be deposited in such account or accounts as shall be designated by the General Partner and all withdrawals against such accounts shall be made only by one of the General Partner or by its properly delegated agents.

Appears in 3 contracts

Samples: Carey Diversified Properties LLC, Carey Diversified Properties LLC, Carey Diversified Properties LLC

AutoNDA by SimpleDocs

Partnership Funds. The funds of the Partnership shall be deposited in such interest-bearing Partnership account or Partnership accounts as shall be are designated by the General Partner and all Partners, acting jointly. All withdrawals from or charges against such accounts shall be made only by the General Partner Partners or by its properly delegated agentstheir representatives, acting jointly. Funds of the Partnership may be invested as determined by the General Partners, acting jointly, in accordance with the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: Distribution and Contribution Agreement (Interstate Hotels & Resorts Inc), Distribution and Contribution Agreement (Interstate Hotels & Resorts Inc)

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