NO COMMINGLING OF ASSETS. To the extent Compound Administrative shall have charge or possession of any of the Company’s assets in connection with the provision of the Services pursuant to this Agreement, Compound Administrative shall (a) hold such assets in the name and for the benefit of the Company, and (b) separately maintain, and not commingle, such assets with any assets of Compound Administrative or any other person.
Appears in 2 contracts
Sources: Administrative Services Agreement (Compound Real Estate Bonds Ii Inc.), Administrative Services Agreement (Compound Real Estate Bonds Inc)