Accounting Review Sample Clauses

Accounting Review. 3.8.1 The Author shall at his/her own expense, once a year, during normal working hours, be entitled to examine the books on which the Music Publisher’s statements submitted to the Author in respect of the Work are based. Such examination shall be undertaken by an approved or authorized public accountant. 3.8.2 If any such audit should show that the Music Publisher’s settlement has been incorrect and to the Author’s disadvantage, the Music Publisher shall immediately reimburse the Author his/her reasonable audit expenses. Audit expenses shall be reimbur- sed only if the miscalculation exceeds 10% of the settlement amount for the Work relating to the period covered by the audit; the miscalculation must however amount to a minimum of 10% of the Price Base Amount applicable at the time of commencement of the audit. The Music Publisher shall not reimburse any travel and living expenses occasioned by the audit.
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Accounting Review. The Writer, or its designated representative, shall have the right once a year and during normal working hours to examine, at his own expense, the books on which the Music Publisher's statements submitted to the Writer in respect of the Work are based. An approved or authorized public accountant shall undertake such examination. If any such audit should show that the Music Publisher’s settlement has an error margin in excess of 10% in the Publisher’s favour, the Music Publisher shall reimburse the Writer his/her reasonable audit expenses.
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Accounting Review. Tenant, at its sole expense, shall have the right, upon giving reasonable notice, to review Landlord's records relating to any increased or additional costs payable hereunder for the Building. Request for review shall be given by Tenant to Landlord no later than 60 days from the date Tenant receives actual budget from Landlord. After sixty days from date of receipt, if Landlord receives no request, budget shall be considered final.
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Accounting Review. Lender shall have received an accounting review of the Jersey Property, which shall be satisfactory to Lender in all respects, and conducted by a certified public accountant acceptable to Lender.
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Accounting Review. Lender shall have received an accounting review satisfactory to Lender in Lender's sole discretion showing no anticipated decrease in cash flow. Such review shall be (i) prepared by a firm approved by Lender in Lender's sole discretion, (ii) prepared based on a scope of work determined by Lender in Lender's sole discretion and (iii) in form and content acceptable to Lender in Lender's sole discretion.
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Accounting Review. (a) The Company shall keep true and accurate records covering all transactions relating to the right hereby granted, and Payee and its duly authorized representatives shall have reasonable and customary rights of inspection and audit to verify the accuracy of these results. If the Royalty payments paid are inaccurate by more than 5%, then Company shall pay the cost of audit. Otherwise the cost of any audit shall be borne by Payee. (b) During the term of this Agreement, Company agrees to furnish to Payee simultaneously with its regular Royalty payment a statement showing the number, description and gross sales price of the Product distributed or sold by the Company during the preceding Payment Period, along with a statement showing how the Royalty payment was computed.
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Accounting Review. The Investors shall have received, at Holdco's expense, an accounting review by the Investors' Accountants of all financial statements relating to CSG, the Business and the Company provided to the Investors by the Seller or its representatives. Investors' Accountants, at Holdco's expense, shall have determined that audited financial statements of the Company, prepared in accordance with GAAP and Regulation S-X promulgated under the Securities Act throughout the periods involved and fairly presenting the financial position and result of operations of CSG, and, on a pro forma basis, the Company for the periods covered, for the years ended September 30, 1993, 1994 and 1995 (the "Audited Financial Statements"), could be readily produced by the Company from its records within 60 days after the Closing.
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Accounting Review. Granx Xxxxxxxx XXX shall have completed a review by September 27, 1999, in accordance with the statements on standards for accounting and review services issued by the American Institute of Certified Public Accountants, of the balance sheet of InfoAccess as of June 30, 1999 and the statement of operations for the six months then ended and the results of such review shall not have required any material changes to such financial statements except as are consistent with the changes identified on Schedule 7.1(a) attached hereto. If such review has not been completed by September 27, 1999 this condition shall be deemed to be waived.
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Related to Accounting Review

  • Accounting Reports (a) By February 20 of each calendar year the General Partner shall provide to the Limited Partner and the Special Limited Partner all tax information necessary for the preparation of their federal and state income tax returns and other tax returns with regard to the jurisdiction(s) in which the Partnership is formed and in which the Apartment Housing is located. (b) By March 1 of each calendar year the General Partner shall send to the Limited Partner and the Special Limited Partner: (1) a balance sheet as of the end of such fiscal year and statements of income, Partners' equity and changes in cash flow for such fiscal year prepared in accordance with generally accepted accounting principles and accompanied by an auditor's report containing an opinion of the Partnership's Accountants; (2) a report (which need not be audited) of any Distributions made at any time during the fiscal year, separately identifying Distributions from Net Operating Income for the fiscal year, Net Operating Income for prior years, Sale or Refinancing Proceeds, and reserves; and (3) a report setting forth the amount of all fees and other compensation and Distributions and reimbursed expenses paid by the Partnership for the fiscal year to the General Partner or Affiliates of the General Partner and the services performed in consideration therefor, which report shall be verified by the Partnership's Accountants, with the method of verification to include, at a minimum, a review of the time records of individual employees, the costs of whose services were reimbursed, and a review of the specific nature of the work performed by each such employee, all in accordance with generally accepted auditing standards and, accordingly, including such tests of the accounting records and such other auditing procedures as the Accountants consider appropriate in the circumstances. (c) Within 60 days after the end of each fiscal quarter in which a Sale or Refinancing of the Apartment Housing occurs, the General Partner shall send to the Limited Partner and the Special Limited Partner a report as to the nature of the Sale or Refinancing and as to the Income and Losses for tax purposes and proceeds arising from the Sale or Refinancing.

  • Other Accounting Reports Promptly upon receipt thereof, a copy of each other report or letter submitted to the Borrower or any of its Subsidiaries by independent accountants in connection with any annual, interim or special audit made by them of the books of the Borrower or any such Subsidiary, and a copy of any response by the Borrower or any such Subsidiary, or the Board of Directors of the Borrower or any such Subsidiary, to such letter or report.

  • Accounting Format Applications for Payment shall be broken down by CSI Category and, in certain situations, by CSI Description and capital asset category, as set forth in the form for Application for Payment. The purpose is to provide appropriate backup documents for the Contractor’s Final Certification of Costs in conformance with GASB 34 accounting standards. See Section 7 – Forms, “Application for Payment” and Final Certification of Costs.

  • Accounting Decisions All decisions as to accounting principles, except as specifically provided to the contrary herein, shall be made by the General Partner.

  • Accounting and Fiscal Year Subject to Code Section 448, the books of the Partnership shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the General Partner. The fiscal year of the Partnership shall end on December 31 of each year, or on such other date permitted under the Code as the General Partner shall determine.

  • Tax Accounting Services (1) Maintain accounting records for the investment portfolio of the Fund to support the tax reporting required for “regulated investment companies” under the Internal Revenue Code of 1986, as amended (the “Code”). (2) Maintain tax lot detail for the Fund’s investment portfolio. (3) Calculate taxable gain/loss on security sales using the tax lot relief method designated by the Trust. (4) Provide the necessary financial information to calculate the taxable components of income and capital gains distributions to support tax reporting to the shareholders.

  • Accounting Services The Manager will provide all accounting services customarily required by investment companies, in accordance with the requirements of applicable laws, rules and regulations and with the policies and practices of the Fund as communicated to the Manager from time to time, including, but not limited to, the following: (a) Maintain fund general ledger and journal; (b) Prepare and record disbursements for direct Fund expenses; (c) Prepare daily money transfer; (d) Reconcile all Fund bank and custodian accounts; (e) Assist Fund independent auditors as appropriate; (f) Prepare daily projection of available cash balances; (g) Record trading activity for purposes of determining net asset values and daily dividend; (h) Prepare daily portfolio valuation report to value portfolio securities and determine daily accrued income; (i) Determine the net asset value per share daily or at such other intervals as the Fund may reasonably request or as may be required by law; (j) Prepare monthly, quarterly, semi-annual and annual financial statements; (k) Provide financial information for reports to the Securities and Exchange Commission in compliance with the provisions of the Investment Company Act of 1940 and the Securities Act of 1933, the Internal Revenue Service and any other regulatory or governmental agencies as required; (l) Provide financial, yield, net asset value, and similar information to National Association of Securities Dealers, Inc., and other survey and statistical agencies as instructed from time to time by the Fund; (m) Investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Fund's operations; and (n) Obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of the Investment Company Act of 1940 and the rules thereunder, as such bonds and policies are approved by the Fund's Board of Directors.

  • Fiscal Year; Accounting The Company's fiscal year shall be the calendar year with an ending month of December.

  • Accounting Basis The Company shall use such method of accounting as may be determined by the Board that is consistent with United States generally accepted accounting principles or such other accounting methods and conventions as the Board may from time to time determine to be used in the preparation of the Company’s tax returns.

  • Fiscal Year and Accounting Method The fiscal year of the Company shall be as designated by the Board of Directors. The Board of Directors shall also determine the accounting method to be used by the Company.

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