Common use of Accounting Services Clause in Contracts

Accounting Services. (only applicable if agreed according to Box 9) The Managers shall: (i) establish an accounting system which meets the requirements of the Owners and provide regular accounting services, supply regular reports and records, (ii) maintain the records of all costs and expenditure incurred as well as data necessary or proper for the settlement of accounts between the parties.

Appears in 18 contracts

Samples: Standard Ship Management Agreement, Ship Management Agreement (DryShips Inc.), Ship Management Agreement (DryShips Inc.)

AutoNDA by SimpleDocs

Accounting Services. (only applicable if agreed according to Box 9) The Managers shall: (i) establish an accounting system which meets the reasonable requirements of the Owners and provide regular accounting services, supply regular reports and records, (ii) maintain the records of all costs and expenditure incurred as well as data necessary or proper for the settlement of accounts between the parties.

Appears in 8 contracts

Samples: Management Agreement (Dynagas LNG Partners LP), Shipping Agreement (Dynagas LNG Partners LP), Ship Management Agreement (Dynagas LNG Partners LP)

Accounting Services. (only applicable if agreed according to Box 9) The Managers shall: (i) establish an accounting system which meets the requirements of the Owners and will provide for regular accounting services, supply regular monthly reports and records, (ii) maintain the records of all costs and expenditure incurred as well as data necessary or proper for the settlement of accounts between the parties.

Appears in 3 contracts

Samples: Standard Ship Management Agreement (Scorpio Tankers Inc.), Standard Ship Management Agreement (Scorpio Tankers Inc.), Standard Ship Management Agreement (Scorpio Tankers Inc.)

Accounting Services. (only applicable if agreed according to Box 9) The Managers shall: (i) establish an accounting system which meets the requirements of the Owners and provide regular accounting services, supply regular reports and records, (ii) maintain the records of all ail costs and expenditure incurred as well as data necessary or proper for the settlement of accounts between the parties.

Appears in 2 contracts

Samples: Shareholder Agreement (Exmar Energy Partners LP), Shareholders Agreement (Exmar Energy Partners LP)

Accounting Services. (only applicable if agreed according to Box 9) The Managers shall: (i) establish an accounting system which meets the requirements of the Owners conforms with prudent vessel management practices and standards and provide regular accounting services, supply regular reports and records,. (ii) maintain the records of all costs and expenditure expenditures incurred as well as data necessary or proper for the settlement of accounts between the parties.

Appears in 2 contracts

Samples: Ship Management Agreement (OSG America L.P.), Ship Management Agreement (OSG America L.P.)

AutoNDA by SimpleDocs

Accounting Services. (only applicable if agreed according to Box 9) The Managers shall: : (i) establish an accounting system which meets the requirements of the Owners and provide regular accounting services, supply regular reports and records, , (ii) maintain the records of all costs and expenditure incurred as well as data necessary or proper for the settlement of accounts between the parties.

Appears in 2 contracts

Samples: Ship Management Agreement (KNOT Offshore Partners LP), Ship Management Agreement (KNOT Offshore Partners LP)

Accounting Services. (only applicable if agreed according to Box 9) The Managers shall: (iI) establish an accounting system which meets the requirements of the Owners and provide regular accounting services, supply regular reports and records, (iiII) maintain the records of all costs and expenditure incurred as well as data necessary or proper for the settlement of accounts between the parties.

Appears in 1 contract

Samples: Ship Management Agreement (Omega Navigation Enterprises, Inc.)

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