Common use of Operating Capital Clause in Contracts

Operating Capital. All Company Property in the form of cash will be deposited in one or more accounts maintained in such financial institutions as the Managers will determine or will be invested in short term liquid securities including, but not limited to, short term U.S. Treasury obligations and short term certificates of deposit and similar investment vehicles offered by a United States bank or banks which are "adequately capitalized" (as defined by regulations adopted by the Federal Reserve), or will be left in escrow and withdrawals will be made only in the regular course of Company business on such signature or signatures as the Managers may determine from time to time.