Common use of Disposition of Books and Records Clause in Contracts

Disposition of Books and Records. Upon the dissolution and termination of the LLC, all originals of books and records of the LLC, including, without limitation, all financial records, vouchers, canceled checks and bank statements, shall be delivered to CEO. Unless otherwise unanimously approved in writing by Members, CEO shall retain such books and records for a period of not less than six (6) years and shall make such books and records available during normal business hours to Members for inspection and copying upon reasonable notice. In the event any Member (the "former Member") for any reason ceases, as provided herein, to be a Member at any time prior to dissolution and termination of the LLC and the LLC (or business of the LLC in substantially the same form) is continued without the Former Member, the other Members (the "Remaining Members") agree that the books and records of the LLC up to the date of the termination of the Former Members interest shall be maintained by the Remaining Members, their successors and assigns, for a period of not less than six (6) years thereafter; provided, however, that if there is an audit or threat of audit, such books and records shall be retained until the audit is completed and any tax liability finally determined. Such books and records shall be available for inspection, examination and copying by the former Member upon reasonable notice.

Disposition of Books and Records. Upon the dissolution and termination of the LLC, all originals of books and records of the LLC, including, without limitation, all financial records, vouchers, canceled checks and bank statements, shall be delivered to CEOthe President. Unless otherwise unanimously approved in writing by Membersthe Members entitled to Vote, CEO the President shall retain such books and records for a period of not less than six (6) years and shall make such books and records available during normal business hours to Members for inspection and copying upon reasonable noticeNotice. In the event any Member (the "former “Former Member"”) for any reason ceases, as provided herein, to be a Member at any time prior to dissolution and termination of the LLC and the LLC (or business of the LLC in substantially the same form) is continued without the Former Member, the other Members (the "“Remaining Members"”) agree that the books and records of the LLC up to the date of the termination of the Former Members interest shall be maintained by the Remaining Members, their successors and assigns, for a period of not less than six (6) years thereafter; provided, however, that if there is an audit or threat of audit, such books and records shall be retained until the audit is completed and any tax liability finally determined. Such books and records shall be available for inspection, examination and copying by the former Former Member upon reasonable noticeNotice.

Disposition of Books and Records. Upon the dissolution and termination of the LLC, all originals of books and records of the LLC, including, without limitation, all financial records, vouchers, canceled checks and bank statements, shall be delivered to CEOCHAIRMAN. Unless otherwise unanimously approved in writing by Members, CEO CHAIRMAN shall retain such books and records for a period of not less than six (6) years and shall make such books and records available during normal business hours to Members for inspection and copying upon reasonable notice. In the event any Member (the "former Member") for any reason ceases, as provided herein, to be a Member at any time prior to dissolution and termination of the LLC and the LLC (or business of the LLC Business in substantially the same form) is continued without the Former Member, the other Members (the "Remaining Members") agree that the books and records of the LLC up to the date of the termination of the Former Members interest shall be maintained by the Remaining Members, their successors and assigns, for a period of not less than six (6) years thereafter; provided, however, that if there is an audit or threat of audit, such books and records shall be retained until the audit is completed and any tax liability finally determined. Such books and records shall be available for inspection, examination and copying by the former Member upon reasonable notice.