Books and Records Reserves. 41 SECTION 7.1. Bank Accounts................................................................41 SECTION 7.2. Books of Account.............................................................42 SECTION 7.3. Operating Statements.........................................................42 SECTION 7.4. The Accountant...............................................................43 SECTION 7.5. Tax Matters Member...........................................................44 ARTICLE VIII TRANSFER OF LLC INTERESTS.............................................................46 SECTION 8.1. No Transfer..................................................................46 SECTION 8.2. Permitted Transfers..........................................................47 SECTION 8.3. Succession by Operation of Law...............................................48 SECTION 8.4. Additional Restrictions on Transfers.........................................48
Books and Records Reserves. Section 10.1 On reasonable notice, a member may inspect and copy during regular business hours, at a reasonable location specified by the Company, any record maintained by the Company regarding the Company’s activities, financial condition and other circumstances, to the extent the information is material to the member’s rights and duties under the operating agreement or this chapter;
Books and Records Reserves. (a) Each Credit Party shall keep adequate books and records with respect to its business activities in which proper entries, reflecting all financial transactions, are made in accordance with GAAP and on a basis consistent with the Financial Statements attached as Disclosure Schedule (3.4(a)).
(b) Each Credit Party shall by means of appropriate entries, reflect in its accounts and in all financial statements furnished pursuant to Sections 3.4 and 4.1 hereof proper liabilities and reserves for all taxes and proper provision for depreciation and amortization or its properties and bad debts, all in accordance with GAAP.
Books and Records Reserves
