Common use of General Accounting Matters Clause in Contracts

General Accounting Matters. (a) Net Income (Loss), or the applicable category thereof, shall be determined by or under the direction of the Managing Member at the end of each Fiscal Period and shall be allocated as described in Section 4.7. The Managing Member shall also keep or cause to be kept books and records pertaining to the Company’s business showing all of its assets and liabilities, receipts and disbursements, Net Income (Loss), Members’ Capital Accounts, and all transactions entered into by the Company. Such books and records of the Company shall be kept by the Company at its principal office. The Company’s books of account shall be maintained in United States dollars and kept on the accrual method of accounting and otherwise in accordance with United States generally accepted accounting principles consistently applied.

General Accounting Matters. (a) Net Income (Loss), or the applicable category thereof, shall be determined calculated by or under the direction of the Managing Member at the end of each Fiscal Period and shall be allocated as described in Section 4.7. The Managing Member shall also keep or cause to be kept books and records pertaining to the Company’s business showing all of its assets and liabilities, receipts and disbursements, Net Income (Loss), Members’ Capital Accounts, and all transactions entered into by the Company. Such A copy of such books and records of the Company shall be kept by the Company at its principal office. The Company’s books of account shall be maintained in United States dollars and kept on the accrual method of accounting and otherwise in accordance with United States generally accepted accounting principles consistently applied.

General Accounting Matters. (a) The Fund Allocation Net Income and the Other Net Income (Loss), or the applicable category thereof, ) shall be reasonably determined by or under the direction of the Managing Member at the end of each Fiscal Period and shall be allocated as described in Section 4.7Article IV. The Managing Member shall also keep or cause to be kept books and records pertaining to the Company’s business showing shall show all of its assets and liabilities, receipts and disbursements, the Fund Allocation Net Income and the Other Net Income (Loss), Members’ Capital Accounts and Fund Capital Accounts, and all transactions entered into by the Company. Such books and records of the Company shall be kept by the Company at its principal office. The Company’s books of account shall be maintained in United States dollars and kept on the accrual method of accounting and otherwise in accordance with United States generally accepted accounting principles consistently applied.

General Accounting Matters. (a) The Fund Fee Net Income and the Other Net Income (Loss), or the applicable category thereof, ) shall be reasonably determined by or under the direction of the Managing Member at the end of each Fiscal Period and shall be allocated as described in Section 4.7Article IV. The Managing Member shall also keep or cause to be kept books and records pertaining to the Company’s business showing shall show all of its assets and liabilities, receipts and disbursements, the Fund Fee Net Income and the Other Net Income (Loss), ) and Members’ Capital Accounts, and all transactions entered into by the Company. Such books and records of the Company shall be kept by the Company at its principal office. The Company’s books of account shall be maintained in United States dollars and kept on the accrual method of accounting and otherwise in accordance with United States generally accepted accounting principles consistently applied.

General Accounting Matters. (a) Net Income (Loss), or the applicable category thereof, shall be determined by or under the direction of the Managing Member at the end of each Fiscal Period and shall be allocated as described in Section 4.7. The Managing Member shall also keep or cause to be kept books and records pertaining to the Company’s business showing all of its assets and liabilities, receipts and disbursements, Net Income (Loss), Members’ Capital Accounts, and all transactions entered into by the Company. Such A copy of such books and records of the Company shall be kept by the Company at its principal office. The Company’s books of account shall be maintained in United States dollars and kept on the accrual method of accounting and otherwise in accordance with United States generally accepted accounting principles consistently applied.