Banking. All funds generated by the Partnership, whether by the operations of the business, capital contributions, or any other methods, shall be deposited into bank accounts known and approved by the Partners in accordance with Section III(b). Such funds shall not be commingled with any other funds or be placed in an account of another individual or entity.
Appears in 57 contracts
Samples: Kentucky Partnership Agreement, South Dakota Partnership Agreement, Partnership Agreement
Banking. All funds Partnership funds, generated by the Partnership, whether by the operations of the businessbusiness operations, capital contributions, or any other methodsmeans, shall be deposited into approved bank accounts known and approved designated by the Partners in accordance with Section III(b). Such Commingling of these funds shall not be commingled with any other funds accounts or be placed in an account of another individual or entityentities is prohibited.
Appears in 1 contract
Samples: Partnership Agreement