Common use of Treasurer and Assistant Treasurers Clause in Contracts

Treasurer and Assistant Treasurers. The Treasurer of the Partnership shall have responsibility for the custody and control of all funds of the Partnership and shall have such other powers and duties as may from time to time be assigned by the General Partner or the President. The Treasurer of the Partnership may delegate to any Assistant Treasurer of the Partnership such of the Treasurer’s duties and responsibilities as the Treasurer deems advisable, and (subject to the control and supervision of the Treasurer) such Assistant Treasurer may exercise such delegated duties and responsibilities as fully, and with the same force and effect, as the Treasurer.

Treasurer and Assistant Treasurers. The Treasurer of the Partnership Company shall have responsibility for the custody and control of all funds of the Partnership Company and shall have such other powers and duties as may from time to time be assigned by the General Partner Member or the President. The Treasurer of the Partnership Company may delegate to any Assistant Treasurer of the Partnership Company such of the Treasurer’s duties and responsibilities as the Treasurer deems advisable, and (subject to the control and supervision of the Treasurer) such Assistant Treasurer may exercise such delegated duties and responsibilities as fully, and with the same force and effect, as the Treasurer.