Common use of Treasurer and Assistant Treasurer Clause in Contracts

Treasurer and Assistant Treasurer. If the Managing Member selects and designates a Treasurer, (i) the Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Managing Member; (ii) the Treasurer shall disburse the funds of the Company as may be ordered by the Managing Member, taking proper vouchers for such disbursements, and shall render to the President and to the Managing Member, at its regular meetings or when the Managing Member so requires, an account of all of the Treasurer’s transactions and of the financial condition of the Company. The Assistant Treasurer (if any), or if there shall be more than one, the Assistant Treasurers in the order determined by the Managing Member (or if there be no such determination, then in the order of their election), 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 Managing Member may from time to time prescribe.

Treasurer and Assistant Treasurer. If The Treasurer shall, subject to the Managing Member selects and designates a Treasurerauthority of the Chief Financial Officer, (i) the Treasurer shall have the custody of the Company limited liability company funds and securities and securities; shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and Company; shall deposit all moneys monies and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Managing Member; (ii) the Treasurer shall disburse the funds of the Company as may be ordered by the Managing MemberBoard of Managers; shall cause the funds of the Company to be disbursed when such disbursements have been duly authorized, taking proper vouchers for such disbursements, ; and shall render to the President and to the Managing MemberBoard of Managers, at its regular meetings meeting or when the Managing Member Board of Managers so requires, an account of all of the Treasurer’s transactions and of the financial condition of the Company; and shall have such powers and perform such duties as the Board of Managers, the President, the Chief Financial Officer or this Agreement may, from time to time, prescribe. The Assistant Treasurer (if any)Treasurer, or if there shall be more than one, the Assistant Treasurers in the order determined by the Managing Member (or if there be no such determinationBoard of Managers, then in the order of their election), shall, shall in the absence or disability 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 Treasurer. The Assistant Treasurers shall perform such other duties and have such other powers as the Managing Member may Board of Managers, the President, the Chief Financial Officer or Treasurer may, from time to time time, prescribe.

Treasurer and Assistant Treasurer. If the Managing Member selects and designates a Treasurer, (i) the The Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Managing Member; (ii) Board. The Treasurer or the Assistant Treasurer, or if there shall be more than one, the Assistant Treasurers shall under the responsibility of the Treasurer shall disburse the funds of the Company as may be ordered by the Managing MemberBoard, taking proper vouchers for such disbursements, and shall render to the President and to the Managing MemberBoard, at its regular meetings or when the Managing Member Board so requires, an account of all of the Treasurer’s or the Assistant Treasurer’s, or if there shall be more than one, the Assistant Treasurers’ transactions and of the financial condition of the Company. The Assistant Treasurer (if any)Treasurer, or if there shall be more than one, the Assistant Treasurers in the order determined by the Managing Member Board (or if there be no such determination, then in the order of their election), shall, in the absence of the Treasurer or in the event of the Treasurer’s death, incompetence or 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 Managing Member Board may from time to time prescribe.

Treasurer and Assistant Treasurer. If the Managing Member selects and designates a Treasurer, (i) the The Treasurer shall have the authority to open all bank accounts, including brokerage accounts, as necessary to conduct the business of the Company, and shall have custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Managing Member; (ii) Board or the Treasurer. The Treasurer shall disburse the funds of the Company as may be ordered by the Managing MemberBoard, taking proper vouchers for such disbursements, and shall render to the Chairman of the Board, the President and to the Managing MemberBoard, at its regular meetings or when the Managing Member Board so requires, an account of all of the Treasurer’s 's transactions and of the financial condition of the Company. The Assistant Treasurer (if any)Treasurer, or if there shall be more than one, the Assistant Treasurers in the order determined by the Managing Member Board (or if there be no such determination, then in the order of their election), 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 Managing Member Board may from time to time prescribe.

Treasurer and Assistant Treasurer. If the Managing Member selects and designates a Treasurer, (i) the Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Managing Member; (ii) the Treasurer shall disburse the funds of the Company as may be ordered by the Managing Member, taking proper vouchers for such disbursements, and shall render to the President and to the Managing Member, at its regular meetings or when the Managing Member so requires, an account of all of the Treasurer’s transactions and of the financial condition of the Company. The Assistant Treasurer (if any), or if there shall be more than one, the Assistant Treasurers in the order determined by the Managing Member (or if there be no such determination, then in the order of their election), 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 Active 61520766.2 Treasurer and shall perform such other duties and have such other powers as the Managing Member may from time to time prescribe.

Treasurer and Assistant Treasurer. If the Managing Member selects and designates a Treasurer, (i) the The Treasurer shall have the authority to open all bank accounts, including brokerage accounts, as necessary to conduct the business of the Company, and shall have custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Managing Member; (ii) Board or the Treasurer. The Treasurer shall disburse the funds of the Company as may be ordered by the Managing MemberBoard, taking proper vouchers for such disbursementsdisburements, and shall render to the Chairman of the Board, the President and to the Managing MemberBoard, at its regular meetings or when the Managing Member Board so requires, an account of all of the Treasurer’s 's transactions and of the financial condition of the Company. The Assistant Treasurer (if any)Treasurers, or if there shall be more than one, the Assistant Treasurers in the order determined by the Managing Member Board (or if there be no such determination, then in the order of their election), 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 Managing Member Board may from time to time prescribe.

Treasurer and Assistant Treasurer. If the Managing Member selects and designates a Treasurer, (i) the The Treasurer shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Managing Member; Managers (ii) or, in the absence of a designation by the Managers, the chief executive officer). The Treasurer shall disburse the funds of the Company as may be ordered by the Managing MemberManagers (or, in the absence of a designation by the Managers, the chief executive officer), taking proper vouchers for such disbursements, and shall render to the President chief executive officer and to the Managing MemberManagers, at its their regular meetings or when the Managing Member Managers so requiresrequire, an account of all of the Treasurer’s transactions and of the financial condition of the Company. The Assistant Treasurer (if any)Treasurer, or if there shall be more than one, the Assistant Treasurers in the order determined by the Managing Member Managers (or if there be no such determination, then in the order of their election), 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 Managing Member Managers or, in the absence of a delegation from the Managers, the Chief Executive Officer may from time to time prescribe.