Books of Account Records and Reports Sample Clauses

Books of Account Records and Reports. (a) Proper and complete records and books of account shall be kept by the General Partner in which shall be entered all matters relative to the Partnership’s business as are usually entered into records and books of account maintained by persons engaged in businesses of a like character. The Partnership books and records shall be kept on the accrual basis in accordance with generally accepted accounting principles, consistently applied. The books and records shall be open to the reasonable inspection and examination of the Partners or their duly authorized representatives during reasonable business hours. (b) Each Limited Partner shall have the right to obtain from the General Partner, from time to time, upon reasonable demand, and subject to such reasonable standards as may be established by the General Partner and for any purpose reasonably related to the Limited Partner’s interest as a limited partner: (i) true and full information regarding the state of the business and the financial condition of the Partnership; (ii) promptly after becoming available, copies of the Partnership’s federal, state, and local income tax returns for each year; and (iii) such other information regarding the Partnership as is just and reasonable. (c) The fiscal year end and taxable year end of the Partnership shall be January 31.

Books of Account Records and Reports. (a) Proper and complete records and books of account shall be kept by the General Partner in which shall be entered all matters relative to. the Partnership’s business as are usually entered into records and books of account maintained by persons engaged in businesses of a like character. The Partnership books and records shall be kept on the accrual basis in accordance with generally accepted accounting principles, consistently applied. The books and records shall be open to the reasonable inspection and examination of the Partners or their duly authorized representatives during reasonable business hours. (b) No later than 120 days after the end of each fiscal year of the Partnership, which shall be designated by the General Partner, the General Partner shall furnish to the Limited Partner a report of the business and operations of the Partnership during such year, which report shall constitute the accounting of the General Partner for such year. Such report shall contain a ropy of the annul financial statement of the Partnership showing the Partnership’s profit or loss for the year and the allocation thereof among the holders of the limited partnership units. The statement shall have been audited by the Partnership’s independent public accountants and shall otherwise be in such form and have such content as the General Partner deems proper.

Books of Account Records and Reports. 25.1 Proper and complete records and books of account shall be kept by the General Partner in which shall be entered fully and accurately all transactions and such other matters relating to the Partnership's business as are usually entered into records and books of account maintained by persons engaged in businesses of a like character. The books and records of the Partnership shall be prepared according to the accounting method determined by the General Partner. The Partnership's fiscal year shall be the calendar year. The books and records shall at all times be maintained at the Partnership's Records Office and shall be open to the reasonable inspection and examination of the Partners or their duly authorized representatives during reasonable business hours. 25.2 Within ninety (90) days after the end of each Year, the General Partner shall send to each person who was a Limited Partner at any time during such year such tax information, including, without limitation, Federal tax Schedule K-1, as shall be reasonably necessary for the preparation by such person of his Federal income tax return. The General Partner will also make available to the Limited Partners any other information required by the Act. 25.3 The General Partner shall maintain at the Partnership's Records Office copies of the Partnership's original Certificate of Limited Partnership and any certificate of amendment, restated certificate or certificate of cancellation with respect thereto and such other documents as the Act shall require. The General Partner will furnish to any Limited Partner upon request a copy of the Partnership's original Certificate of Limited Partnership and any certificate of amendment, restated certificate, or certificate of cancellation, if any. 25.4 The General Partner shall, in its sole discretion, make for the Partnership any and all elections for federal, state and local tax purposes including, without limitation, any election, if permitted by applicable law, to adjust the basis of the Partnership's property pursuant to Code Sections 754, 734(b) and 743(b), or comparable provisions of state or local law, in connection with transfers of interests in the Partnership and Partnership Distributions. 25.5 The General Partner is designated as the Tax Matters Partner (as defined in Section 6231 of the Code) and to act in any similar capacity under state or local law, and is authorized (at the Partnership's expense): (i) to represent the Partnership and Partners before ta...

Books of Account Records and Reports. 13.1 Preparation and Maintenance of Books and Records 29 13.2 Company Documentation Requirements 29 13.3 Fiscal Year 30 13.4 Company Funds 30 13.5 Statements 30

Books of Account Records and Reports. 25.1 Proper and complete records and books of account shall be kept by the General Partner in which shall be entered fully and accurately all transactions and such other matters relating to the Partnership's business as are usually entered into records and books of account maintained by persons engaged in businesses of a like character. The books and records of the Partnership shall be prepared according to the accounting method determined to be in the best interest of the Partnership by the General Partner. The Partnership's fiscal year shall be the calendar year. The books and records shall at all times be maintained at the Partnership's Records Office and shall be open to the reasonable inspection and examination of the Partners or their duly authorized representatives during reasonable business hours. 25.2 Within ninety (90) days after the end of each Year, the General Partner shall send to each person who was a Limited Partner at any time during such year such tax information, including, without limitation, Federal tax Schedule K-1, as shall be reasonably necessary for the preparation by such person of his Federal income tax return. The General Partner will also make available to the Limited Partners any other information required by the Act. 25.3 The General Partner shall maintain at the Partnership's Records Office copies of the Partnership's original Certificate of Limited Partnership and any certificate of amendment, restated certificate or certificate of cancellation with respect thereto and such other documents as the Act shall require. The General Partner will furnish to any Limited Partner upon request a copy of the Partnership's original Certificate of Limited Partnership and any certificate of amendment, restated certificate, or certificate of cancellation, if any. 25.4 The General Partner shall, in its sole discretion, make for the Partnership any and all elections for federal, state and local tax purposes including, without limitation, any election, if permitted by applicable law, to adjust the basis of the Partnership's property pursuant to Code Sections 754, 734(b) and 743(b), or comparable provisions of state or local law, in connection with transfers of interests in the Partnership and Partnership Distributions. 25.5 The General Partner is designated as the Tax Matters Partner (as defined in Section 6231 of the Code) and to act in any similar capacity under state or local law, and is authorized (at the Partnership's expense): (i) to re...

Books of Account Records and Reports. Section 11.1 Proper and complete records and books of account shall be kept by the General Partners in which shall be entered fully and accurately all transactions and other matters relative to the Partnership's business as are usually entered into records and books of account maintained by persons engaged in business of a like character. The Partnership books and records shall be kept on the accrual basis in accordance with generally accepted accounting principles, consistently applied. The books and records shall be open to the reasonable inspection and examination of the Partners or their duly authorized representatives during reasonable business hours. The General Partners shall furnish a list of names and addresses of all Limited Partners to any Limited Partner who requests such a list in writing for any proper purpose. Section 11.2 No later than 90 days after the end of each fiscal year of the Partnership, the General Partners shall furnish to each Limited Partner a report of the business and operations of the Partnership during such year which report shall constitute the accounting of the General Partners for such year. Such report shall contain a copy of the annual financial statement of the Partnership showing the Partnership's profit or loss for the year and the allocation thereof among the holders of the Units, which statement shall be authenticated by the General Partners and shall otherwise he in such form and have such content as the General Partners deem proper. Section 11.3 The profits of the Partnership shall be allocated to the capital account of each Partner in accordance with their respective Participating Percentages. Section 11.4 The losses of the Partnership shall he charged first to any undivided profits allocable to each Partner and then to the capital account of each Partner in accordance with their respective Participating Percentages. Section 11.5 In the case of a distribution of property made in the manner provided in Section 734 of the Internal Revenue Code of 1954, or in the case of a transfer of any interest in the Partnership permitted by this agreement made in the manner provided in Section 743 of such Code, the General Partners, on behalf of the Partnership, may file an election under Section 754 of the Code in accordance with the procedures set forth in the applicable Treasury regulations, and each Partner will upon request supply the information necessary to properly give effect to such election.

Books of Account Records and Reports. FISCAL YEAR 23 Section 6.1 Books and Records 23 Section 6.2 Annual Reports 24 Section 6.3 Financial Reports 24 Section 6.4 Fiscal Year 24 Section 6.5 Amended Returns 25

Books of Account Records and Reports. 15.1 Books and Records of the Company. Proper and complete records and books of account of the Company shall be kept in which shall be entered fully and accurately all transactions and such other matters relating to the Business as are usually entered into records and books of account maintained by Persons engaged in businesses of a like character. The Company books and records shall be prepared on an accrual basis in accordance with U.S. GAAP, consistently applied. The Company’s income tax returns shall be filed on an accrual basis unless the Board shall determine otherwise (and if permitted under applicable regulation). The books and records shall at all times be maintained at the principal executive offices of the Company and shall be open to the reasonable inspection and examination of any Member or such Member’s duly authorized representatives during reasonable business hours.

Books of Account Records and Reports. The Partnership shall maintain books and records on the basis utilized in preparing the Partnership’s Federal income tax return, incorporating the accrual or cash method or accounting, as the Partners may determine to be in the best interest of the Partnership, and such other records as may be required in connection with the preparation and filing of the Partnership’s Federal and state income tax returns or other tax returns or reports.

Books of Account Records and Reports. 15.1 Preparation and Maintenance of Books and Records 15.2 Company Documentation Requirements