Books of Account; Reports. The General Partner shall keep or cause to be kept complete and appropriate records and books of account in which shall be entered all such transactions and other matters relative to the Partnership’s operations, business and affairs as are usually entered into records and books of account maintained by Persons engaged in businesses of like character or which are required by the Act. Except as otherwise expressly provided herein, such books and records shall be maintained utilizing the accrual method of accounting in accordance with generally accepted accounting principles. The General Partner shall cause to be prepared and furnished to the Partners such financial reports and statements as the General Partner determines are useful or appropriate.
Appears in 8 contracts
Samples: Limited Partnership Agreement (Safeway Stores 42, Inc.), Limited Partnership Agreement (Safeway Stores 42, Inc.), Limited Partnership Agreement (Safeway Stores 42, Inc.)
