Common use of Treasurer and Assistant Treasurer Clause in Contracts

Treasurer and Assistant Treasurer. The Treasurer shall have charge and custody of, and be responsible for, all funds, securities, receipts and disbursements of the Company, and shall deposit or cause to be deposited all moneys and other valuable effects in the name and to the credit of the Company in such banks, trust companies or other depositories as shall, from time to time, be designated by the Managers, or by the Treasurer if so authorized by the Managers. The Treasurer shall render or cause to be rendered to the President and the Managers, whenever requested, an account of all of the Treasurer's transactions and of the financial condition of the Company. The Treasurer shall perform such other duties as may be assigned from time to time by the President or the Managers. The Assistant Treasurer, or if there shall be more than one, the Assistant Treasurers in the order determined by the Managers (or if there be no such determination, then in the order of their designation), shall, in the absence of the Treasurer or in the event of the Treasurer’s inability to act, perform the duties and exercise the powers of the Treasurer and shall perform such other duties and have such other powers as the Managers may from time to time prescribe.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Limited Liability Company Operating Agreement (Entergy New Orleans Inc)

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Treasurer and Assistant Treasurer. The Treasurer shall have charge keep and custody of, and be responsible for, all funds, securities, receipts and disbursements of the Company, and shall deposit maintain or cause to be deposited kept and maintained adequate and correct books and records of accounts of the properties and business transactions of the Company. The books of account shall at all moneys times be open to inspection by the Member. The Treasurer shall deposit all monies and other valuable effects valuables in the name and to the credit of the Company in such banks, trust companies or other depositories as shall, from time to time, be with the depositaries designated by the Managers, or by the Treasurer if so authorized by the ManagersMember. The Treasurer shall disburse the funds of the Company as may be ordered by the Member, shall render or cause to be rendered to the President and the ManagersMember, whenever requestedthe Member requests it, an account of all of the Treasurer's his or her transactions and of the financial condition of the Company. The Treasurer Company and shall have other powers and perform such other duties as may be assigned from time to time prescribed by the Member or the President or the Managersas otherwise set forth herein. The Assistant Treasurer, or if there shall be more than one, the Assistant Treasurers in the order determined by the Managers Member (or if there be no such determination, then in the order of their designationelection), shall, in the absence of the Treasurer or in the event of the Treasurer’s inability to act, perform the duties and exercise the powers of the Treasurer and shall perform such other duties and have such other powers as the Managers Member or the President may from time to time prescribe.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC), Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC)

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Treasurer and Assistant Treasurer. The Treasurer shall have charge ---------------------------------- the custody of the Company funds and custody of, securities and be responsible for, all funds, securities, shall keep full and accurate accounts of receipts and disbursements of in books belonging to the Company, Company and shall deposit or cause to be deposited all moneys and other valuable effects in the name and to the credit of the Company in such banks, trust companies or other depositories as shall, from time to time, may be designated by the Managers, or by the Treasurer if so authorized by the ManagersBoard. The Treasurer shall disburse the funds of the Company as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render or cause to be rendered to the President and to the ManagersBoard, whenever requestedat its regular meetings or when the Board so requires, an account of all of the Treasurer's transactions and of the financial condition of the Company. The Treasurer Company and shall perform have such other duties as may be assigned from time to time be prescribed by the President or the ManagersBoard of Directors. The Assistant Treasurer, or if there shall be more than one, the Assistant Treasurers in the order determined by the Managers Board (or if there be no such determination, then in the order of their designationelection), shall, in the absence of the Treasurer or in the event of the Treasurer’s 's inability to act, perform the duties and exercise the powers of the Treasurer and shall perform such other duties and have such other powers as the Managers Board may from time to time prescribe.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Telmark LLC)

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