Common use of Company Books Clause in Contracts

Company Books. The Founder shall maintain and preserve, during the existence of such Series, the accounts, books and other relevant Series documents described in Article 11 at the Founder’s place of business. Notwithstanding anything in this Agreement to the contrary, the Founder, in concert with each Series Manager will be responsible for maintaining separate and distinct records for each and every Series, and the assets associated with each Series shall be held and accounted for separately from the other assets of the Company or of any other Series. Upon reasonable written request stating the reason for the request, a Series Member shall have the right, at a time during ordinary business hours, as reasonably determined by such Series Manager(s), to inspect and copy, at the requesting Series Member’s expense, the books and records for such Series and its Subsidiaries for a business purpose reasonably related to such Series Member’s Interest with respect to such Series. The Series Manager may choose to provide the requested information electronically, at its option. No Series Member or Series Manager will have the right to inspect and copy the books and records of any other Series of which it is not a Member or a Manager, nor of the Company generally, unless specifically required by the Act. The Company, Founder, and Series Managers will maintain confidentiality of the Series Members contact information to the extent allowed under the Act.

Appears in 7 contracts

Samples: Series Limited Liability Company Agreement (VV Markets LLC), Series Limited Liability Company Agreement (Mythic Collection, LLC), Series Limited Liability Company Agreement (Mythic Collection, LLC)

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Company Books. The Founder shall maintain and preserve, during the existence of such Series, the accounts, books and other relevant Series documents described in Article 11 at the Founder’s Founder?s place of business. Notwithstanding anything in this Agreement to the contrary, the Founder, in concert with each Series Manager will be responsible for maintaining separate and distinct records for each and every Series, and the assets associated with each Series shall be held and accounted for separately from the other assets of the Company or of any other Series. Upon reasonable written request stating the reason for the request, a Series Member shall have the right, at a time during ordinary business hours, as reasonably determined by such Series Manager(s), to inspect and copy, at the requesting Series Member’s Member?s expense, the books and records for such Series and its Subsidiaries for a business purpose reasonably related to such Series Member’s Member?s Interest with respect to such Series. The Series Manager may choose to provide the requested information electronically, at its option. No Series Member or Series Manager will have the right to inspect and copy the books and records of any other Series of which it is not a Member or a Manager, nor of the Company generally, unless specifically required by the Act. The Company, Founder, and Series Managers will maintain confidentiality of the Series Members contact information to the extent allowed under the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (VV Markets LLC)

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Company Books. The Founder shall maintain and preserve, during the existence of such Series, the accounts, books and other relevant Series documents described in Article 11 at the Founder’s 's place of business. Notwithstanding anything in this Agreement to the contrary, the Founder, in concert with each Series Manager will be responsible for maintaining separate and distinct records for each and every Series, and the assets associated with each Series shall be held and accounted for separately from the other assets of the Company or of any other Series. Upon reasonable written request stating the reason for the request, a Series Member shall have the right, at a time during ordinary business hours, as reasonably determined by such Series Manager(s), to inspect and copy, at the requesting Series Member’s 's expense, the books and records for such Series and its Subsidiaries for a business purpose reasonably related to such Series Member’s 's Interest with respect to such Series. The Series Manager may choose to provide the requested information electronically, at its option. No Series Member or Series Manager will have the right to inspect and copy the books and records of any other Series of which it is not a Member or a Manager, nor of the Company generally, unless specifically required by the Act. The Company, Founder, and Series Managers will maintain confidentiality of the Series Members contact information to the extent allowed under the Act.

Appears in 1 contract

Samples: Series Limited Liability Company Agreement (VV Markets LLC)

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