Common use of Financial and Tax Reporting Clause in Contracts

Financial and Tax Reporting. The Company 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 method of accounting and tax year as the Managing Member deems necessary or appropriate under the Code and the regulations thereunder.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nexeo Solutions Finance Corp)

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Financial and Tax Reporting. The Company 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 method methods of accounting and tax year as the Managing Member Management Board deems necessary or appropriate under the Code and the regulations thereunderTax Regulations.

Appears in 1 contract

Samples: Operating Agreement (Fibernet Telecom Group Inc\)

Financial and Tax Reporting. The Company shall prepare its financial statements in accordance with generally accepted accounting principles as from time to time in effect using the accrual method of accounting on a Fiscal Year basis, and shall prepare its income tax information returns on a Fiscal Year basis, using such the method of accounting and tax year as the Managing Member deems necessary or appropriate required under the Code and Treasury Regulations or when one or more alternative methods are available, using the regulations thereundermethod of accounting which the Board of Directors deems appropriate.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Chiron Corp)

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Financial and Tax Reporting. The Company 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 method methods of accounting and tax year as the Managing Member Management Committee deems necessary or appropriate under the Code and the regulations thereunderTreasury Regulations.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Ignite Restaurant Group, Inc.)

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