Common use of Books and Records; Financial Statements Clause in Contracts

Books and Records; Financial Statements. (a) At all times during the continuance of the Company, the Company shall prepare and maintain separate books of account for the Company that shall show a true and accurate record of all costs and expenses incurred, all charges made, all credits made and received and all income derived in connection with the operation of the Business in accordance with GAAP consistently applied, and, to the extent inconsistent therewith, in accordance with this Agreement. Such books of account, together with a certified copy of this Agreement and of the Organizational Documents, shall at all times be maintained at the principal place of business of the Company and shall be open to inspection and examination at reasonable times by each Shareholder and its duly authorized representatives for any purpose reasonably related to such Shareholder's interest in the Company. The books of account and the records of the Company shall be examined and reported upon as of the end of each Fiscal Year by a firm of independent certified public accountants that shall be selected by the shareholders of the Company (the "Auditors"). Each Shareholder shall have access to all properties, books of account, records, facilities and personnel of the Company and its Subsidiaries at reasonable times and upon reasonable advance notice to the Company and each such Shareholder shall have the right to make copies from such books and records at its own expense.

Books and Records; Financial Statements. (a) At all times during the continuance of the Company, the Company shall prepare and maintain maintain, at its principal place of business, separate books of account for the Company that shall show a true and accurate record of all costs and expenses incurred, all charges made, all credits made and received and all income derived in connection with the operation of the Business Company business on an accrual method in accordance with GAAP consistently applied, and, to the extent inconsistent therewith, in accordance with this Agreement. Such Notwithstanding any provision to the contrary of the Act, such books of account, together with a certified an executed copy of this Agreement and of the Organizational DocumentsCertificate, shall at all times be maintained at the principal place of business of the Company and shall be open to inspection and examination at reasonable times by each Shareholder Member and its duly authorized representatives for any purpose reasonably related to such Shareholder's Member’s interest in the Company. In addition to the other rights specifically set forth in this Agreement, each Member shall have access to all information to which a Member is entitled to have access pursuant to the Act and such other information regarding the Company and its business and affairs as such Person may reasonably request from time to time. The books of account and the records of the Company shall be examined by and reported upon as of the end of each Fiscal Year fiscal year by a firm of independent certified public accountants that shall be selected by the shareholders of the Company (the "Auditors"). Each Shareholder shall have access to all properties, books of account, records, facilities and personnel of the Company and its Subsidiaries at reasonable times and upon reasonable advance notice to the Company and each such Shareholder shall have the right to make copies from such books and records at its own expenseManager.