BANK ACCOUNTS. The Advisor may establish and maintain one or more bank accounts in the name of the Company and the Operating Partnership and any subsidiary thereof and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company or the Operating Partnership, consistent with the Advisors authority under this Agreement, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render, upon request by the Board, its audit committee or the auditors of the Company, appropriate accountings of such collections and payments to the Board, its audit committee and the auditors of the Company, as applicable.
BANK ACCOUNTS. The Advisor may establish and maintain one or more bank accounts in the name of the Company andor the Operating Partnership and any subsidiary thereof and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company or the Operating Partnership, consistent withunder such terms and conditions as the Advisors authority under this Agreement,Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and the Advisor shall from time to time render, upon request by the Board, its audit committee or the auditors of the Company,render appropriate accountings of such collections and payments to the Board, its audit committeeBoard and to the auditors of the Company, as applicable.Company.
BANK ACCOUNTS. The Advisor may establish and maintain one or more bank accounts in the name of the Company and the Operating Partnership and any subsidiary thereof and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company or the Operating Partnership, consistent withunder such terms and conditions as the Advisors authority under this Agreement,Board may approve, provided that no funds shall be commingled with the funds of the Advisor; and theAdvisor. The Advisor shall from time to time render, upon request by the Board, its audit committee or the auditors of the Company,render appropriate accountings of such collections and payments to the Board, its audit committeeBoard and the independent auditors of the Company, as applicable.Company.
BANK ACCOUNTS. The Advisor may establish and maintain one or more bank accounts in the name of the Company and the Operating Partnership and any subsidiary thereof(and its Subsidiaries) and may collect and deposit into any such account or accounts, and disburse from any such account or accounts, any money on behalf of the Company orand its Subsidiaries, under such terms and conditions as the Operating Partnership, consistent withBoard (or the Advisors authority under this Agreement,governing body of such Subsidiary) may approve, provided that no funds shall be commingled with the funds of the Advisor; and theAdvisor. The Advisor shall from time to time render, upon request by the Board, its audit committee or the auditors of the Company,render appropriate accountings of such collections and payments to the Board, its audit committeeBoard and the independent auditors of the Company, as applicable.Company.
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