Book of Account. The Named Fiduciary acting by and through the Committee and the Trustees shall keep accurate and detailed accounts of all investments, receipts, disbursements and other transactions hereunder. Within ninety (90) days following the close of each Fiscal Year and at the request of the Company ninety (90) days after the removal or resignation of any Trustee as provided in Section 15.1(c), the Trustees shall file with the Company a written account setting forth all investments, receipts, disbursements, allocations and other transactions effected by the Trustees during such Fiscal Year or during the period from the close of the last Fiscal Year to the date of such removal or resignation.
Book of Account. The Book of Account shall be a complete set of accounts, consisting of assets, liabilities, individual Partnership accounts, and appropriate revenue and expense accounts. It shall use the double-entry accounting system. Books of Account of the transactions of the Partnership shall be kept and at all times be available and open to inspection and examination by any Partner.
Book of Account. COMPANY will maintain books and accounts of payroll costs, travel, subsistence, field, and incidental expenses for a period of five (5) years. Said books and accounts will be available at all reasonable times for examination by CLIENT at the corporate office of COMPANY during that time.
Book of Account. COMPANY will maintain books and accounts of payroll costs, travel, subsistence, field, and incidental expenses for a period of five (5) years. Said books and accounts will be available at all reasonable times for examination by CLIENT at the corporate office of COMPANY during that time. COMPANY shall produce records which are responsive to a request received by the CLIENT under the Freedom of Information Act 5 ILCS 140/1 et seq so that the CLIENT may provide records to those requesting them within the time frames required. If additional time is necessary to compile records in response to a request, then COMPANY shall so notify the CLIENT and if possible, the CLIENT shall request an extension so as to comply with the Act. In the event that the CLIENT is found to have not complied with the Freedom of Information Act due to COMPANY’s failure to produce documents or otherwise appropriately respond to a request under the Act, then COMPANY shall indemnify and hold the CLIENT harmless, and pay all damages, including fines and costs, determined to be due as a result of COMPANY’s failure to produce required original records.
Book of Account. Throughout the Management Period, Manager shall maintain in accordance with generally accepted accounting principles, consistently applied, full and separate books and records for the Golf Course with entries supported by documentation sufficient to allow Owner to ascertain the accuracy of such books and records. Manager shall maintain and safeguard such books and records at Manager’s office at the Rancho Xxxxxxxx Inn, or at such other location as may be agreed upon in writing. Manager shall provide copies of such books and records to Owner at other locations upon receipt by Manager of a request therefor from Owner. Manager shall ensure such control over accounting and financial transactions as is necessary to protect Owner’s assets from theft, error or fraudulent activity by Manager’s employees.
