Common use of Books and Records Fiscal Year Clause in Contracts

Books and Records Fiscal Year. The Company's books and ------------------------------ records shall be kept, and the financial position and the results of its operations recorded, in accordance with the method of accounting followed by the Company for federal tax purposes. The annual accounting period of the Company shall be its fiscal and taxable year, which shall be the calendar year unless otherwise determined by a Majority Interest. The Company's books and records shall reflect all the Company transactions and shall be appropriate and adequate for the Company's business.

Books and Records Fiscal Year. The Company's books and ------------------------------ records shall be kept, and the financial position and the results of its operations recorded, in accordance with the method of accounting followed by the Company for federal tax purposes. The annual accounting period of the Company shall be its fiscal and taxable year, which shall be the calendar year unless otherwise determined by a Majority Interest. The Company's books and records shall reflect all the Company transactions and shall be appropriate and adequate for the Company's business.