Common use of SEPARATE BANK ACCOUNTS Clause in Contracts

SEPARATE BANK ACCOUNTS. The Manager will maintain separate bank accounts and books of account from those of Owner. Manager shall not conduct business in the name of Owner except when acting in the name of Owner as agent and identifies itself as such.

Appears in 1 contract

Sources: Management Agreement (BRL Universal Equipment Corp)

SEPARATE BANK ACCOUNTS. The Manager will maintain separate bank accounts and books of account from those of Ownerthe Owners. The Manager shall not conduct business in the name of any Owner except when acting in the name of such Owner as agent and identifies itself as such.

Appears in 1 contract

Sources: Management Agreement (Universal Compression Inc)