Common use of Books Records and Reports Clause in Contracts

Books Records and Reports. A. The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Agreement shall be kept at the principal office of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any Member, or its duly authorized representatives, during regular business hours. B. The President or chief financial officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits or Loss of the Company, and each Member's share of such items for the fiscal year, and (ii) information sufficient for the Members to report their respective shares of the profits and losses of the Company for income tax purposes. The cost of such financial and tax reports shall be an expense of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Creditrust Corp), Limited Liability Company Agreement (Creditrust Corp), Limited Liability Company Agreement (Creditrust Corp)

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Books Records and Reports. A. The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Agreement shall be kept at the principal office of the Company or at such other place designated by the President of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any Member, or its duly authorized representatives, during regular business hours. B. The President or chief financial other appropriate officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits profits or Loss losses of the Company, and each Member's ’s share of such items for the fiscal year, and (ii) information sufficient necessary for the Members to report prepare their respective shares of the profits federal and losses of the Company for state income tax purposesreturns. The cost of such financial and tax reports shall be an expense of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Triton PCS Holdings Co LLC), Limited Liability Company Agreement (Metropcs Networks California, LLC), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.)

Books Records and Reports. A. (a) The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Agreement shall be kept at the principal office of the Company or at such other place designated by the President of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any MemberMember or Manager, or its duly authorized representatives, during regular business hours. B. The (b) At the request of any Member, the President of the Company or chief financial officer other appropriate Officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits profits or Loss losses of the Company, and each Member's ’s share of such items for the fiscal year, and (ii) information sufficient necessary for the Members to report prepare their respective shares of the profits federal and losses of the Company for state income tax purposesreturns. The cost of such financial and tax reports shall be an expense of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (BioFuel Energy Corp.)

Books Records and Reports. A. The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Limited Liability Company Agreement shall be kept at the principal office of the Company or at such other place designated by the President of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any Member, or its duly authorized representatives, during regular business hours. B. The President or chief financial officer other appropriate Officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits profits or Loss losses of the Company, and each Member's ’s share of such items for the fiscal year, and (ii) information sufficient necessary for the Members to report prepare their respective shares of the profits federal and losses of the Company for state income tax purposesreturns. The cost of such financial and tax reports shall be an expense of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.)

Books Records and Reports. A. (a) The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Agreement shall be kept at the principal office of the Company or at such other place designated by the President of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any MemberMember or Manager, or its duly authorized representatives, during regular business hours. B. The (b) At the request of any Member, the President of the Company or chief financial officer other appropriate Officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits profits or Loss losses of the Company, and each Member's ’s share of such items for the fiscal year, and (ii) information sufficient necessary for the Members to report prepare their respective shares of the profits federal and losses of the Company for state income tax purposesreturns. The cost of such financial and tax reports shall be an expense of the Company.. The rights of any Member pursuant to this Section 7.1(b) shall be unaffected by any 33

Appears in 1 contract

Samples: Company Agreement (Green Brick Partners, Inc.)

Books Records and Reports. A. The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Operating Agreement shall be kept at the principal office of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any Member, or its duly authorized representatives, during regular business hours. B. The President or chief financial officer other appropriate Officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits profits or Loss loss of the Company, and each Member's ’s share of such items for the fiscal year, and (ii) information sufficient for the Members to report their respective shares of the profits and losses of the Company for income tax purposes. The cost of such financial and tax reports shall be an expense of the Company.

Appears in 1 contract

Samples: Operating Agreement (Ist, Corp)

Books Records and Reports. A. The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Operating Agreement shall be kept at the principal office of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any Member, or its duly authorized representatives, during regular business hours. B. The President or chief financial officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits profits or Loss of the Company, and each Member's share of such items for the fiscal year, and (ii) information sufficient for the Members to report their respective shares of the profits and losses of the Company for income tax purposes. The cost of such financial and tax reports shall be an expense of the Company.

Appears in 1 contract

Samples: Operating Agreement (DCH Technology Inc)

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Books Records and Reports. A. (a) The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Agreement shall be kept at the principal office of the Company or at such other place designated by the President of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any MemberMember or Manager, or its duly authorized representatives, during regular business hours. B. The (b) At the request of any Member, the President of the Company or chief financial officer other appropriate Officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits profits or Loss losses of the Company, and each Member's ’s share of such items for the fiscal year, and (ii) information sufficient necessary for the Members to report prepare their respective shares of the profits federal and losses of the Company for state income tax purposesreturns. The cost of such financial and tax reports shall be an expense of the Company. The rights of any Member pursuant to this Section 7.1(b) shall be unaffected by any Dissociation pursuant to Section 5.4 hereof or the occurrence of any Buy-Sell Event.

Appears in 1 contract

Samples: Company Agreement (BioFuel Energy Corp.)

Books Records and Reports. A. (a) The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Agreement shall be kept at the principal office of the Company or at such other place designated by the President of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any MemberMember or Manager, or its duly authorized representatives, during regular business hours. B. The (b) At the request of any Member, the President of the Company or chief financial officer other appropriate Officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits profits or Loss losses of the Company, and each Member's ’s share of such items for the fiscal year, and and (ii) information sufficient necessary for the Members to report prepare their respective shares of the profits federal and losses of the Company for state income tax purposesreturns. The cost of such financial and tax reports shall be an expense of the Company. The rights of any Member pursuant to this Section 7.1(b) shall be unaffected by any Dissociation pursuant to Section 5.4 hereof or the occurrence of any Buy-Sell Event.

Appears in 1 contract

Samples: Company Agreement (BioFuel Energy Corp.)

Books Records and Reports. A. The Company shall keep correct and complete books and records of its accounts and transactions and minutes of the proceedings of its Members and Board of Managers and of any executive or other committee when exercising any of the powers of the Board of Managers. The books and records of the Company may be in written form or in any other form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form, but may be maintained in the form of a reproduction. The original or a certified copy of this Limited Liability Company Agreement shall be kept at the principal office of the Company or at such other place designated by the President of the Company. The books and records of the Company shall be maintained by the Secretary of the Company and shall be available for examination by any Member, or its duly authorized representatives, during regular business hours. B. . The President or chief financial officer other appropriate Officer shall prepare or cause to be prepared and shall furnish to the Members within ninety (90) days of the end of each fiscal year (i) a balance sheet and report of the receipts, disbursements, Profits profits or Loss losses of the Company, and each Member's ’s share of such items for the fiscal year, and (ii) information sufficient necessary for the Members to report prepare their respective shares of the profits federal and losses of the Company for state income tax purposesreturns. The cost of such financial and tax reports shall be an expense of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (T-Mobile Puerto Rico Holdings LLC)

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