Books and Records and Inspection. (a) The Managing Member shall cause the Company to keep and shall cause, on behalf of the Company, the Manager to maintain, full and accurate books of account, financial records and supporting documents, which shall reflect, completely, accurately and in reasonable detail in all material respects each transaction of the Company and such other matters as are usually entered into the records or maintained by Persons engaged in a business of like character or as are required by law, and all other documents and writings of the Company. The books of account, financial records, and supporting documents and the other documents and writings of the Company shall be kept and maintained by the Manager at the principal office of the Company. The financial records and reports of the Company shall be kept in accordance with GAAP and kept on an accrual basis.
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Samples: Limited Liability Company Agreement (Ormat Technologies, Inc.), Limited Liability Company Agreement (Ormat Technologies, Inc.), Limited Liability Company Agreement (Ormat Technologies, Inc.)
Books and Records and Inspection. (a) The Managing Member shall cause the Company to keep and shall cause, maintain (or to be kept and maintained on behalf of the Company, the Manager to maintain), full and accurate books of account, financial records and supporting documents, which shall reflect, completely, accurately and in reasonable detail in all material respects each transaction of the Company and such other matters as are usually entered into the records or maintained by Persons engaged in a business of like character or as are required by law, and all other documents and writings of the Company. The books of account, financial records, and supporting documents and the other documents and writings of the Company shall be kept and maintained by the Manager at the principal office of the Company. The financial records and reports of the Company shall be kept in accordance with GAAP and kept on an accrual basis.
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Samples: Limited Liability Company Agreement (Ormat Technologies, Inc.)