Financial and Tax Reporting. The LLC shall prepare its financial statements in accordance with generally accepted accounting principles as from time to time in effect and shall prepare its income tax information returns using such methods of accounting and tax year as the Managers deem necessary or appropriate under the Code and Treasury Regulations.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Alliance Semiconductor Corp /De/), Limited Liability Company Operating Agreement (Alliance Semiconductor Corp /De/), Limited Liability Company Operating Agreement (Alliance Semiconductor Corp /De/)
Financial and Tax Reporting. The LLC shall prepare its financial statements in accordance with generally accepted accounting principles principles, as from time to time in effect effect, and shall prepare its income tax information returns using such methods of accounting and tax year as the Managers Members deem necessary or appropriate under the Code and Treasury Regulations.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Sizzler International Inc)
Financial and Tax Reporting. The LLC shall prepare its financial statements in accordance with generally accepted accounting principles as from time to time in effect and shall prepare its income tax information returns using such methods of accounting and tax year as the Managers deem Management Board deems necessary or appropriate under the Code and Treasury Regulations.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Bikers Dream Inc)
Financial and Tax Reporting. The LLC shall prepare its financial statements in accordance with generally accepted accounting principles as from time to time in effect and shall prepare its income tax information returns using such methods of accounting and tax year as the Board of Managers deem necessary or appropriate under the Code and Treasury Regulations.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (B&H Contracting, L.P.)
Financial and Tax Reporting. The LLC LLC: (i) shall prepare its financial statements as the Managing Member deems necessary or appropriate in its in sole discretion, and any such statements shall be prepared in accordance with generally accepted accounting principles as from time to time in effect effect; and (ii) shall prepare its income tax information returns using such methods of accounting and tax year as the Managers deem Managing Member deems necessary or appropriate in its sole discretion under the Code and Treasury Regulations.
Appears in 1 contract
Samples: Limited Liability Company Agreement
