Common use of Accounting and Other Administrative Services Clause in Contracts

Accounting and Other Administrative Services. The Manager shall: i. manage and perform the various administrative functions necessary for the day-to-day operations of the Company; ii. provide or arrange for administrative services, legal services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; iii. provide financial and operational planning services and portfolio management functions; iv. maintain accounting data and any other information concerning the Company’s activities as will be required to prepare and to file all periodic financial reports and returns required to be filed with the Commission and any other regulatory agency, including annual financial statements; v. maintain all appropriate books and records of the Company; vi. oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; vii. supervise the performance of such ministerial and administrative functions as may be necessary in connection with the Company’s daily operations; viii. provide the Company with all necessary cash management services; ix. manage and coordinate with the Transfer Agent, if any, the process of making distributions and payments to Members; x. evaluate and obtain adequate insurance coverage based upon risk management determinations; xi. provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters; xii. evaluate the corporate governance structure of the Company and appropriate policies and procedures related thereto; and xiii. oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.

Accounting and Other Administrative Services. The Manager shall: i. manage (i) Manage and perform the various administrative functions necessary for the management of the day-to-day operations of the Company; (ii. provide ) Provide or arrange for administrative servicesservices and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (iii. provide ) Provide financial and operational planning services and portfolio management functions; (iv. maintain ) Maintain accounting data and any other information concerning the Company’s activities of the Company as will shall be required needed to prepare and to file all periodic financial reports and returns required to be filed with the Commission SEC and any other regulatory agency, including annual financial statements; v. maintain (v) Maintain all appropriate books and records of the Company; (vi. oversee ) Oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters; (vii. supervise ) Supervise the performance of such ministerial and administrative functions as may be necessary in connection with the daily operations of the Company’s daily operations; (viii. provide ) Provide the Company with all necessary cash management services; (ix. manage and coordinate with the Transfer Agent, if any, the process of making distributions and payments to Members; x. evaluate ) Evaluate and obtain adequate insurance coverage based upon risk management determinations; xi. provide (x) Provide the officers of the Company and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory such matters; xii. evaluate (xi) Evaluate the Company’s corporate governance structure of the Company and appropriate policies and procedures related thereto; and xiii. oversee (xii) Oversee all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law.