Common use of Accounting Decisions and Reliance on Others Clause in Contracts

Accounting Decisions and Reliance on Others. The Manager, except as otherwise specifically set forth herein, must make all decisions regarding accounting matters. The Manager may rely upon the advice of their accountants or other third party professionals as to whether such decisions are in accordance with accounting methods followed for federal income tax purposes.

Appears in 2 contracts

Samples: Securities Exchange Agreement, Securities Exchange Agreement

AutoNDA by SimpleDocs

Accounting Decisions and Reliance on Others. The ManagerAll decisions as to accounting matters, except as otherwise specifically set forth herein, must make all decisions regarding accounting mattersshall be made by the Manager. The Manager may rely upon the advice of their its accountants or other third party professionals as to whether such decisions are in accordance with accounting methods followed for federal income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Panera Bread Co)

Accounting Decisions and Reliance on Others. The ManagerAll decisions as to accounting matters, except as otherwise specifically set forth herein, must make all decisions regarding accounting mattersshall be made by the Manager. The Manager may rely upon the advice of their his accountants or other third party professionals as to whether such decisions are in accordance with accounting methods followed for federal income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Grill Concepts Inc)

Accounting Decisions and Reliance on Others. The ManagerAll decisions as to accounting matters, except as otherwise specifically set forth herein, must make all decisions regarding accounting mattersshall be made by the Manager. The Manager may rely upon the advice of their the Company’s accountants or other third party professionals as to whether such decisions are in accordance with accounting methods followed for federal income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Bequest Bonds I Inc)

AutoNDA by SimpleDocs

Accounting Decisions and Reliance on Others. The ManagerAll decisions as to accounting matters, except as otherwise specifically set forth expressly provided herein, must make all decisions regarding accounting mattersshall be made by the Manager. The Manager may rely upon the advice of their the Company’s accountants or other third party professionals as to whether such decisions are in accordance with accounting methods followed for federal income tax purposespurposes or financial accounting purposes (as applicable).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Wright Investors Service Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!