Common use of Audits and Reports Clause in Contracts

Audits and Reports. At the expense of the Company or the relevant Series, each Series Manager shall maintain separate and distinct records and accounts of the operations and expenditures of the Company and each Series during the term of the Company or each such Series, and for seven (7) years thereafter. At a minimum, the Company and each Series shall keep at the principal place of business of the Company the following records: · True and full information regarding the status of the business and financial condition of such Series and the Company; · Promptly after becoming available, a copy of the Company’s federal, state and local income tax returns for each year; · The current list of the name and last known business, residence or mailing address of each Series Member; · A copy of this Agreement, Series Agreements, and the Certificate of Formation of the Company; Mythic Collection, LLC Amended and Restated Company Agreement · True and full information regarding the amount of cash and a description and statement of the Gross Asset Value of any other property or services contributed by each Series Member to the Company with respect to such Series and which each Series Member has agreed to contribute in the future, and the date on which each became a Series Member; · Minutes of every meeting held, if any; · Any written consents obtained from Series Members for actions taken by such Members without a meeting; and · Unless contained in the Certificate of Formation or this Agreement, a writing prepared by each Series Manager setting out the following: · The times at which or events on the happening of which any Additional Capital Contributions agreed to be made by each Series Member are to be made; and · Any right of a Series Member to receive Distributions that include a return of all or any part of the Series Member’s contributions.

Audits and Reports. At the expense of the Company or the relevant Series, each Series Manager shall maintain separate and distinct records and accounts of the operations and expenditures of the Company and each Series during the term of the Company or each such Series, and for seven (7) years thereafter. At a minimum, the Company and each Series shall keep at the principal place of business of the Company the following records: · - True and full information regarding the status of the business and financial condition of such Series and the Company; · - Promptly after becoming available, a copy of the Company’s 's federal, state and local income tax returns for each year; · - The current list of the name and last known business, residence or mailing address of each Series Member; · - A copy of this Agreement, Series Agreements, and the Certificate of Formation of the Company; Mythic Collection, LLC Amended and Restated Company Agreement · - True and full information regarding the amount of cash and a description and statement of the Gross Asset Value of any other property or services contributed by each Series Member to the Company with respect to such Series and which each Series Member has agreed to contribute in the future, and the date on which each became a Series Member; · - Minutes of every meeting held, if any; · - Any written consents obtained from Series Members for actions taken by such Members without a meeting; and · - Unless contained in the Certificate of Formation or this Agreement, a writing prepared by each Series Manager setting out the following: · - The times at which or events on the happening of which any Additional Capital Contributions agreed to be made by each Series Member are to be made; and · - Any right of a Series Member to receive Distributions that include a return of all or any part of the Series Member’s 's contributions.

Audits and Reports. At the expense of the Company or the relevant Series, each Series Manager shall maintain separate and distinct records and accounts of the operations and expenditures of the Company and each Series during the term of the Company or each such Series, and for seven (7) years thereafter. At a minimum, the Company and each Series shall keep at the principal place of business of the Company the following records: · - True and full information regarding the status of the business and financial condition of such Series and the Company; · - Promptly after becoming available, a copy of the Company’s Company?s federal, state and local income tax returns for each year; · - The current list of the name and last known business, residence or mailing address of each Series Member; · - A copy of this Agreement, Series Agreements, and the Certificate of Formation of the Company; Mythic Collection, LLC Amended and Restated Company Agreement · - True and full information regarding the amount of cash and a description and statement of the Gross Asset Value of any other property or services contributed by each Series Member to the Company with respect to such Series and which each Series Member has agreed to contribute in the future, and the date on which each became a Series Member; · - Minutes of every meeting held, if any; · - Any written consents obtained from Series Members for actions taken by such Members without a meeting; and · - Unless contained in the Certificate of Formation or this Agreement, a writing prepared by each Series Manager setting out the following: · - The times at which or events on the happening of which any Additional Capital Contributions agreed to be made by each Series Member are to be made; and · - Any right of a Series Member to receive Distributions that include a return of all or any part of the Series Member’s Member?s contributions.