General Accounting Records Sample Clauses

General Accounting Records. The Manager shall maintain detailed and comprehensive accounting records in accordance with this Accounting Procedure, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of operations for managerial, tax, regulatory or other financial reporting purposes. Such records shall be retained for the duration of the period allowed the Participants for audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the Participants.

General Accounting Records. The Operating Member shall maintain, and shall cause Nevada JV and its subsidiaries to maintain detailed and comprehensive financial and cost accounting books and records as provided in Section 4.6 of the Agreement and other applicable provisions of the Agreement. Subject to applicable Legal Requirements, the Operating Member and Nevada JV and its subsidiaries shall maintain records and accounts in accordance with Generally Accepted Accounting Principles.

General Accounting Records. The Operator shall maintain detailed and comprehensive cost accounting records in accordance with this Accounting Procedure, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of operations for managerial, tax, regulatory or other financial reporting purposes. Such records shall be retained for the duration of the period allowed the Participants for audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the Participants. Quarterly and annual reports and audits shall be made according to the requirements in section 16 of the Joint Venture Agreement.

General Accounting Records. WG shall maintain detailed and comprehensive accounting records suitable to establish a detailed audit trail, in accordance with this Accounting Procedure, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of operations for managerial, tax, regulatory or other financial reporting purposes for MGE and the Property. Such records shall be retained for the duration of the period allowed to MGE for audit or the period necessary to comply with tax or other regulatory requirements. The records shall comply with generally accepted accounting principles in the United States ("U.S. GAAP"). Furthermore, WG shall provide MGE and its auditors with reasonable access to its books and records for purposes of complying with applicable reporting requirements for MGE and its affiliates.

General Accounting Records. Del Toro shall maintain detailed and comprehensive cost accounting records in accordance with generally accepted accounting principles used by companies based in the United States (“US GAAP”). For purposes of this Agreement, US GAAP means the written opinions, standards, interpretations, and bulletins developed by the Financial Accounting Standards Board (“FASB”), the accounting profession (“AICP”), and the Security and Exchange Commission (“SEC”). Cost accounting records maintained under these accounting procedures, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, shall provide a record of revenues and expenditures and periodic statements of financial position, and the results of operations, for managerial, tax, regulatory and other financial, regulatory, and legal reporting purposes related to the joint endeavor contemplated by this Agreement. Such records shall be retained for the duration of the longer of the period allowed the Parties for audit or the period necessary to comply with tax and other regulatory requirements. The records shall reflect all obligations, advances and credits of the Parties.

General Accounting Records. The Manager shall maintain detailed and comprehensive cost accounting records in accordance with generally accepted accounting principles used by companies based in the United States (“US GAAP”). For purposes of this Agreement, US GAAP shall mean the written opinions, standards, interpretations, and bulletins developed by the Financial Accounting Standards Board (“FASB”), the accounting profession (“AICP”), and the Security and Exchange Commission (“SEC”). Cost accounting records maintained under these Accounting Procedures, shall including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of Operations for managerial, tax, regulatory or other financial, regulatory, or legal reporting purposes related to the Business. Such records shall be retained for the duration of the period allowed the Participants for audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the Participants.

General Accounting Records. The Manager shall maintain detailed and comprehensive accounting records in accordance with this Accounting Procedure, sufficient to provide a record of all costs, revenues and expenditures and to prepare periodic statements of financial position and the results of operations for managerial, tax, regulatory or other financial reporting purposes. Such records shall be retained for the duration of the period allowed the Participants for audit or the period necessary to comply with tax or other regulatory requirements, whichever period is longer; before destroying any such records, the Manager shall offer to provide to each of the Participants a copy of such records proposed to be destroyed. The records shall reflect all obligations, advances and credits of the Participants.

General Accounting Records. USE shall maintain detailed and comprehensive accounting records in accordance with this Accounting Procedure, sufficient to provide a record of expenditures (and any revenues) and periodic statements of financial position and the results of operations for managerial, tax, regulatory or other financial reporting purposes. Such records shall be retained for the duration of the period allowed Sutter Gold Mining Company ("SGMC") for audit or the period necess▇▇▇ ▇▇ comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits for SGMC.

General Accounting Records. The Company shall maintain detailed and comprehensive cost accounting records in accordance with these Accounting Procedures and in accordance with generally accepted accounting principles on a consistent basis, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of Operations for managerial, tax, regulatory or other financial, regulatory, or legal reporting purposes related to the Company. Such records shall be retained for the duration of the period allowed the Members for audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the Members.