Common use of Banking Clause in Contracts

Banking. All funds of the Company shall be deposited in one or more Company checking accounts as shall be designated by the Member, and the Member is authorized to sign any such checks or withdrawal forms.

Appears in 39 contracts

Sources: Operating Agreement (PJC Manchester Realty LLC), Limited Liability Company Agreement (PJC Manchester Realty LLC), Operating Agreement (PJC Manchester Realty LLC)

Banking. All funds of the Company shall be deposited in one or more Company checking accounts as shall be designated by the Member, and the Member is authorized to sign any such checks or withdrawal forms.

Appears in 15 contracts

Sources: Limited Liability Company Agreement (TransDigm Group INC), Limited Liability Company Agreement (TransDigm Group INC), Limited Liability Company Agreement (TransDigm Group INC)

Banking. All funds of the Company shall be deposited in one or more Company checking accounts as shall be designated by the MemberMembers, and the Member is Members are authorized to sign any such checks or withdrawal forms.

Appears in 1 contract

Sources: Operating Agreement (Armtec Countermeasures TNO Co.)