Common use of Allowable Investments Clause in Contracts

Allowable Investments. The Company shall from time to time invest funds not required currently for its operations or for distribution to the Members in any money market, checking or savings account at any of JPMorgan Chase, Bank of America, National Association, Citibank, N.A. or any other financial institution approved by the Members.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Ambase Corp), Limited Liability Company Agreement (Ambase Corp)