Common use of Accounting Decisions Clause in Contracts

Accounting Decisions. All decisions as to accounting matters, except as specifically provided to the contrary herein, shall be made by the Majority Interest in accordance with generally accepted accounting principles consistently applied. Such decisions shall be acceptable to the accountants retained by the Company, and the Majority Interest may rely upon the advice of the accountants as to whether such decisions are in accordance with generally accepted accounting principles.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (Honda Titling D Lp), Operating Agreement (Key Plastics Inc), Limited Liability Company Agreement (Honda Titling D Lp)

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Accounting Decisions. All decisions as to accounting matters, except as specifically provided to the contrary herein, shall be made by the a Majority Interest in accordance with generally accepted accounting principles consistently applied. Such decisions shall be acceptable to the accountants retained by the Company, and the a Majority Interest may rely upon the advice of the accountants as to whether such decisions are in accordance with generally accepted accounting principles.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Med Diversified Inc), Limited Liability Company Agreement (E-Medsoft Com)

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Accounting Decisions. All decisions as to accounting matters, except as specifically provided to the contrary herein, shall be made by the Majority Interest in accordance with generally accepted accounting principles consistently applied. Such decisions shall be acceptable to the accountants retained by the Company, and the Majority Interest may rely upon the advice of the accountants as to whether such decisions are in accordance with generally accepted accounting principles.such

Appears in 1 contract

Samples: Limited Liability Company Agreement (Carco Auto Loan Master Trust)

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