Common use of Separate Accounts Clause in Contracts

Separate Accounts. The funds, assets, properties, and accounts of the Company must be maintained separately, and may not be commingled with those of the Member or any other person.

Appears in 22 contracts

Sources: Operating Agreement (EV Mobility, Inc.), Operating Agreement, Operating Agreement

Separate Accounts. The funds, assets, properties, and accounts of the Company must be maintained separately, and may not be commingled with those of the Member Member, Manager or any other person.

Appears in 1 contract

Sources: Operating Agreement (Building Bits Properties I, LLC)