Books and Records; Accounting. The Managing Member shall keep or cause to be kept at the principal office of the Company (or at such other place as the Managing Member shall advise the other Members in writing) true and complete books and records regarding the status of the business and financial condition and results of operations of the Company. The books and records of the Company shall be kept in accordance with the Federal income tax accounting methods and rules determined by the Managing Member, which methods and rules shall reflect all Company transactions and be appropriate and adequate for the Company's business.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Northstar Capital Investment Corp /Md/), Limited Liability Company Operating Agreement (Northstar Capital Investment Corp /Md/)
Books and Records; Accounting. The Managing Member Members shall keep or cause to be kept at the principal office of the Company (or at such other place as the Managing Member Members shall advise the other Members in writing) true and complete full books and records regarding the status of the business and financial condition and results of operations of the Company. The books and records of the Company shall be kept in accordance with the Federal income tax accounting methods and rules determined by the Managing MemberMembers, applied in a consistent manner, which methods and rules shall reflect all Company transactions and be appropriate and adequate for the Company's business.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Zell Samuel), Limited Liability Company Agreement (Zell Samuel)
Books and Records; Accounting. The Managing Member Members shall keep or cause to be kept at the principal office address of the Company Managing Members (or at such other place as the Managing Member Members shall advise the other Members in writing) true and complete full books and records regarding the status of the business and financial condition and results of operations of the Company. The books and records of the Company shall be kept in accordance with the Federal income tax accounting methods and rules determined by the Managing Member, which methods and rules shall reflect all Company transactions and be appropriate and adequate for the Company's business.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Morgan J P & Co Inc), Limited Liability Company Agreement (Morgan J P & Co Inc)
