Final Audited Financial Statements. Upon request by the Initial Member in connection with the dissolution and termination of the Company pursuant to Article IX of the LLC Operating Agreement or any disposition by the Initial Member of its interests in the Company, the Manager will, within the applicable time frame requested by the Initial Member, prepare and deliver to the Initial Member, a final audited consolidated balance sheet of the Company and the Ownership Entities as of the applicable date selected by the Initial Member, and audited consolidated statements of operations and cash flow of the Company and the Ownership Entities for such period (without duplication of any period covered by any audited statements previously delivered pursuant to Section 2(a) above) requested by the Initial Member, each prepared in accordance with GAAP and accompanied by the Accountants’ report and opinion thereon, which report and opinion will be prepared in accordance with generally accepted auditing standards and will not be subject to any qualification or exception as to the scope of such audit.
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement, Interest Sale and Assignment Agreement, Limited Liability Company Operating Agreement
