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

Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Board. The Board may rely upon the advice of the Company’s accountants as to whether such decisions are in accordance with generally accepted accounting principles and the accounting methods followed for U.S. federal income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (GLCC Laurel, LLC)

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Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Board. The Board may rely upon the advice of the Company’s accountants as to whether such decisions are in accordance with generally accepted accounting principles and the accounting methods followed for U.S. federal income tax purposes.

Appears in 1 contract

Samples: Operating Agreement

Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Board. The Board may rely upon the advice of the Company’s accountants as to whether such decisions are in accordance with generally accepted accounting principles and the accounting methods followed for U.S. federal income tax purposespurposes or financial accounting purposes (as applicable).

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Pinnacle Entertainment Inc)

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Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Board. The Board may rely upon the advice of the Company’s its accountants as to whether such decisions are in accordance with generally accepted accounting principles and the accounting methods followed for U.S. federal income tax purposes.

Appears in 1 contract

Samples: Reorganization Agreement (Hydrogen Burner Technology Inc)

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