Common use of Accounting Decisions Clause in Contracts

Accounting Decisions. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Managers. The Managers may rely upon the advice of their accountants as to whether such decisions are in accordance with accounting methods followed by federal income tax purposes.

Appears in 2 contracts

Samples: Operating Agreement (BHNA Holdings Inc.), Operating Agreement (Medic Systems Inc)

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Accounting Decisions. All decisions as to accounting matters, except as otherwise specifically set forth herein, provided to the contrary herein shall be made by the ManagersManager in accordance with generally accepted accounting methods and procedures applied in a consistent manner. The Managers Such decisions must be acceptable to the Company’s accountants, and the Manager may rely upon the advice of their the accountants as to whether such decisions are a decision is in accordance with generally accepted accounting methods followed by federal income tax purposesprinciples.

Appears in 2 contracts

Samples: Operating Agreement (Floridian Financial Group Inc), Operating Agreement (Floridian Financial Group Inc)

Accounting Decisions. All decisions as to accounting matters, except as otherwise specifically set forth provided to the contrary herein, shall be made by the ManagersManager in accordance with generally accepted accounting principles consistently applied. The Managers Such decisions shall be acceptable to the accountants retained by the Company, and the Manager may rely upon the advice of their the accountants as to whether such decisions are in accordance with generally accepted accounting methods followed by federal income tax purposesprinciples.

Appears in 2 contracts

Samples: Operating Agreement (Majestic Star Casino Capital CORP), Operating Agreement (Majestic Star Casino Capital CORP)

Accounting Decisions. All decisions as to accounting mattersprinciples and procedures, except as otherwise specifically set forth provided to the contrary herein, shall be made by the Managers. The Managers may rely upon the advice of their accountants as to whether such decisions are Manager in accordance with accounting methods followed by federal income tax purposesthe recommendations of the Company’s Accountants.

Appears in 1 contract

Samples: Operating Agreement

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Accounting Decisions. All decisions as to accounting matters, except as otherwise specifically set forth provided to the contrary herein, shall be made by the ManagersManagement Committee in accordance with generally accepted accounting principles consistently applied. The Managers Such decisions shall be acceptable to the accountants retained by the Company, and the Management Committee may rely upon the advice of their the accountants as to whether such decisions are in accordance with generally accepted accounting methods followed by federal income tax purposesprinciples.

Appears in 1 contract

Samples: Operating Agreement (Key Plastics Inc)

Accounting Decisions. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Managers. The Managers may rely upon the advice of their the Company's public accountants as to whether such decisions are in accordance with generally accepted accounting methods followed by federal income tax purposesprinciples.

Appears in 1 contract

Samples: Operating Agreement

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